Cutting Blades in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $604M in Cutting Blades, making it the 2nd largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 549th most exported product in China. The main destination of Cutting Blades exports from China are: United States ($70.2M), Russia ($67.2M), Vietnam ($42.5M), Japan ($33.7M), and Germany ($27.9M).

The fastest growing export markets for Cutting Blades of China between 2021 and 2022 were Russia ($46M), United States ($9.09M), and Mexico ($5.78M).

Imports In 2022, China imported $169M in Cutting Blades, becoming the 3rd largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 544th most imported product in China. China imports Cutting Blades primarily from: Japan ($43.2M), Germany ($27.6M), Chinese Taipei ($19.9M), South Korea ($11.1M), and China ($8.31M).

The fastest growing import markets in Cutting Blades for China between 2021 and 2022 were Thailand ($1.4M), Singapore ($1.25M), and Netherlands ($1.19M).

COMPANIES In 2023, leading companies such as AMEZIEL INC (2.22k), IKEA SUPPLY AG (740), and AMAZON SERVICES LLC (464) were at the forefront of shipping Cutting Blades from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Cutting Blades exports accounted up to $49.8M and imports accounted up to $49.3M, resulting in a positive trade balance of $437k. Between February 2023 and February 2024 the exports of China's Cutting Blades have increased by $7.95M (19%) from $41.8M to $49.8M, while imports decreased by $-8.68M (-15%) from $58M to $49.3M.

Destinations In February 2024, Cutting Blades were exported mostly to Russia ($8.99M), India ($4.71M), United States ($4.03M), Germany ($3.39M), and Vietnam ($2.34M), and were imported mostly from Japan ($17.4M), Germany ($8.51M), Sweden ($5.03M), United States ($3.25M), and Israel ($2.95M).

Growth In February 2024, the increase in Cutting Blades's year-by-year exports was explained primarily by an increase in exports to Russia ($6.48M or 273%), Iran ($914k or 231%), and South Korea ($780k or 51.5%). In February 2024, the decrease in Cutting Blades's year-by-year imports was explained primarily by a decrease in imports from Japan ($-9.01M or -29.1%), Germany ($-3.93M or -29.6%), and Sweden ($-1.17M or -16.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$7.95M(19%)

IMPORT GROWTH (February 2023 - February 2024)$-8.68M(-15%)

MAIN EXPORTER (February 2024)Zhejiang Province$11.6M

MAIN DESTINATION (February 2024)Russia$8.99M

This section shows Cutting Blades'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 Cutting Blades over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$604M

IMPORTS (2022)$169M

NET TRADE (2022)$435M

In 2022, China exported $604M in Cutting Blades. The main destinations of China exports on Cutting Blades were United States ($70.2M), Russia ($67.2M), Vietnam ($42.5M), Japan ($33.7M), and Germany ($27.9M).

In 2022, China imported $169M in Cutting Blades, mainly from Japan ($43.2M), Germany ($27.6M), Chinese Taipei ($19.9M), South Korea ($11.1M), and China ($8.31M).

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