2022
Exports
$698MWorld Rnk 3 / 142
Flag Rnk 521 / 1216
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$551MWorld Rnk 4 / 188
Flag Rnk 326 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $698M in Tool Plates, making it the 3rd largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 521st most exported product in China. The main destination of Tool Plates exports from China are: United States ($91.2M), Germany ($84.8M), Chinese Taipei ($65.3M), India ($65.3M), and South Korea ($61.4M).

The fastest growing export markets for Tool Plates of China between 2021 and 2022 were Russia ($11.6M), India ($9.35M), and South Korea ($8.89M).

Imports In 2022, China imported $551M in Tool Plates, becoming the 4th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 326th most imported product in China. China imports Tool Plates primarily from: Japan ($243M), South Korea ($84.8M), Germany ($83.6M), United States ($28.7M), and Singapore ($18.5M).

The fastest growing import markets in Tool Plates for China between 2021 and 2022 were United States ($15.8M), Hong Kong ($3.26M), and Ireland ($2.7M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (17), WALGREEN CO. (16), and BOEING (2) were at the forefront of shipping Tool Plates from China to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-6.78M(-10.8%)
IMPORT GROWTH (March 2023 - March 2024)$-4.23M(-23.9%)
MAIN EXPORTER (March 2024)Fujian Province$11.9M
MAIN DESTINATION (March 2024)South Korea$8.49M

This section shows Tool Plates's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tool Plates over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$698M
IMPORTS (2022)$551M
NET TRADE (2022)$147M

In 2022, China exported $698M in Tool Plates. The main destinations of China exports on Tool Plates were United States ($91.2M), Germany ($84.8M), Chinese Taipei ($65.3M), India ($65.3M), and South Korea ($61.4M).

In 2022, China imported $551M in Tool Plates, mainly from Japan ($243M), South Korea ($84.8M), Germany ($83.6M), United States ($28.7M), and Singapore ($18.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$11.6M (48.3%)
India$9.35M (16.7%)
South Korea$8.89M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY China WERE (2021 - 2022):
China-$2.57M (-55.3%)
Belgium-$968k (-22.9%)
Belarus-$965k (-28.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
In 2022, China's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

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