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2022
Exports $4.28BWorld Rnk 1 / 141
Flag Rnk 162 / 1216
2022
Destination $96.3M Bangladesh
2021 - 2022
FASTEST GROWING MARKET $96.3MBurma
2022
PRODUCT COMPLEXITY IN Pile Fabric0.18Rnk 494 / 1025
2022
Imports $93.6MWorld Rnk 19 / 195
Flag Rnk 667 / 1212
2022
Origin $2.24M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $2.24MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.28B in Pile Fabric, making it the 1st largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 162nd most exported product in China. The main destination of Pile Fabric exports from China are: Bangladesh ($518M), Vietnam ($465M), Burma ($225M), Brazil ($183M), and Russia ($173M).

The fastest growing export markets for Pile Fabric of China between 2021 and 2022 were Burma ($96.3M), Kyrgyzstan ($81.2M), and Vietnam ($39.4M).

Imports In 2022, China imported $93.6M in Pile Fabric, becoming the 19th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 667th most imported product in China. China imports Pile Fabric primarily from: Chinese Taipei ($30.4M), Vietnam ($23.8M), South Korea ($12.5M), China ($7.27M), and United States ($4.91M).

The fastest growing import markets in Pile Fabric for China between 2021 and 2022 were United States ($2.24M), Indonesia ($775k), and Turkey ($596k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (72), CrimsonLogic (22), and Walmart (3) were at the forefront of shipping Pile Fabric from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Pile Fabric exports accounted up to $570M and imports accounted up to $9.49M, resulting in a positive trade balance of $561M. Between July 2023 and July 2024 the exports of China's   Pile Fabric have increased by $56.6M (11%) from $514M to $570M, while imports decreased by $-496k (-4.97%) from $9.98M to $9.49M.

Destinations In July 2024, Pile Fabric were exported mostly to Vietnam ($88.9M), Cambodia ($75M), Bangladesh ($47.7M), India ($35.5M), and Egypt ($22.5M), and were imported mostly from Vietnam ($3.7M), Chinese Taipei ($2.12M), Japan ($775k), South Korea ($728k), and China ($651k).

Growth In July 2024, the increase in Pile Fabric's year-by-year exports was explained primarily by an increase in exports to Kyrgyzstan ($16M or 2.48k%), Turkey ($6.99M or 96.9%), and Tajikistan ($2.92M or 261%). In July 2024, the decrease in Pile Fabric's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-1.74M or -81.8%), Chinese Taipei ($-751k or -34.8%), and Japan ($-398k or -61.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$56.6M(11%)
IMPORT GROWTH (July 2023 - July 2024)$-496k(-4.97%)
MAIN EXPORTER (July 2024)Zhejiang Province$281M
MAIN DESTINATION (July 2024)Vietnam$88.9M

This section shows Pile Fabric'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 Pile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.28B
IMPORTS (2022)$93.6M
NET TRADE (2022)$4.19B

In 2022, China exported $4.28B in Pile Fabric. The main destinations of China exports on Pile Fabric were Bangladesh ($518M), Vietnam ($465M), Burma ($225M), Brazil ($183M), and Russia ($173M).

In 2022, China imported $93.6M in Pile Fabric, mainly from Chinese Taipei ($30.4M), Vietnam ($23.8M), South Korea ($12.5M), China ($7.27M), and United States ($4.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR China WERE (2021 - 2022):
Burma$96.3M (74.8%)
Kyrgyzstan$81.2M (570%)
Vietnam$39.4M (9.26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pile Fabric BY China WERE (2021 - 2022):
Hong Kong-$70.3M (-62.1%)
Morocco-$41.2M (-23.9%)
Ukraine-$23.8M (-71.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pile Fabric were:
South Korea $191M
Malaysia $184M
In 2022, China's main importing competitors in Pile Fabric were:
Vietnam $584M
Bangladesh $554M
Indonesia $285M

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $51M
TOP IMPORT POTENTIALSouth Korea+ $3.47M

Pile Fabric’s highest export potential is India. With an export gap of $51M.   Pile Fabric’s highest import potential is South Korea with an import gap of $3.47M.

See methodology.

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