Pearl Products in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $424M in Pearl Products, making it the 1st largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 608th most exported product in China. The main destination of Pearl Products exports from China are: United States ($128M), Hong Kong ($74.6M), Switzerland ($49.1M), Singapore ($16M), and United Kingdom ($15.3M).

The fastest growing export markets for Pearl Products of China between 2021 and 2022 were United States ($45.9M), Switzerland ($14M), and Singapore ($6.9M).

Imports In 2022, China imported $141M in Pearl Products, becoming the 3rd largest importer of Pearl Products in the world. At the same year, Pearl Products was the 577th most imported product in China. China imports Pearl Products primarily from: United States ($48.8M), Hong Kong ($23.9M), Japan ($15M), Burma ($12.9M), and China ($11.5M).

The fastest growing import markets in Pearl Products for China between 2021 and 2022 were Japan ($11.2M), United States ($5.21M), and Burma ($5.07M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (2), SPENCER GIFTS, LLC (1), and READERLINK MARKETING SERVICES (1) were at the forefront of shipping Pearl Products from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Pearl Products exports accounted up to $66.2M and imports accounted up to $7.49M, resulting in a positive trade balance of $58.7M. Between March 2023 and March 2024 the exports of China's Pearl Products have decreased by $-270M (-80.3%) from $336M to $66.2M, while imports decreased by $-69M (-90.2%) from $76.5M to $7.49M.

Destinations In March 2024, Pearl Products were exported mostly to Hong Kong ($49.6M), United States ($9.75M), Vietnam ($773k), Singapore ($772k), and Belgium ($562k), and were imported mostly from Thailand ($2.3M), China ($1.09M), Italy ($689k), Japan ($520k), and Ireland ($519k).

Growth In March 2024, the decrease in Pearl Products's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-1.07M or -27.2%), United States ($-980k or -7.65%), and Austria ($-575k or -63.3%). In March 2024, the decrease in Pearl Products's year-by-year imports was explained primarily by a decrease in imports from China ($-1.07M or -76.7%), Thailand ($-706k or -39.5%), and Brazil ($-387k or -76%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-270M(-80.3%)

IMPORT GROWTH (March 2023 - March 2024)$-69M(-90.2%)

MAIN EXPORTER (March 2024)Shanghai Province$47.5M

MAIN DESTINATION (March 2024)Hong Kong$49.6M

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$424M

IMPORTS (2022)$141M

NET TRADE (2022)$283M

In 2022, China exported $424M in Pearl Products. The main destinations of China exports on Pearl Products were United States ($128M), Hong Kong ($74.6M), Switzerland ($49.1M), Singapore ($16M), and United Kingdom ($15.3M).

In 2022, China imported $141M in Pearl Products, mainly from United States ($48.8M), Hong Kong ($23.9M), Japan ($15M), Burma ($12.9M), and China ($11.5M).

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