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2022
Exports $4.27BWorld Rnk 1 / 180
Flag Rnk 163 / 1216
2022
Destination $351M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $351MVietnam
2022
PRODUCT COMPLEXITY IN Mirrors and Lenses1.49Rnk 54 / 1025
2022
Imports $2.31BWorld Rnk 1 / 215
Flag Rnk 136 / 1212
2022
Origin $25.7M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $25.7MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.27B in Mirrors and Lenses, making it the 1st largest exporter of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 163rd most exported product in China. The main destination of Mirrors and Lenses exports from China are: Hong Kong ($1.04B), Vietnam ($543M), South Korea ($437M), China ($433M), and United States ($269M).

The fastest growing export markets for Mirrors and Lenses of China between 2021 and 2022 were Vietnam ($351M), Hong Kong ($164M), and South Korea ($113M).

Imports In 2022, China imported $2.31B in Mirrors and Lenses, becoming the 1st largest importer of Mirrors and Lenses in the world. At the same year, Mirrors and Lenses was the 136th most imported product in China. China imports Mirrors and Lenses primarily from: Chinese Taipei ($770M), Japan ($443M), China ($433M), Vietnam ($129M), and Thailand ($113M).

The fastest growing import markets in Mirrors and Lenses for China between 2021 and 2022 were Hong Kong ($25.7M), Netherlands ($22.6M), and Malaysia ($21.6M).

COMPANIES In 2023, leading companies such as Amazon (21), CSI Importers (19), and Tmall (9) were at the forefront of shipping Mirrors and Lenses from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Mirrors and Lenses exports accounted up to $260M and imports accounted up to $303M, resulting in a negative trade balance of $42.5M. Between July 2023 and July 2024 the exports of China's   Mirrors and Lenses have increased by $20.9M (8.74%) from $239M to $260M, while imports increased by $42.7M (16.4%) from $260M to $303M.

Destinations In July 2024, Mirrors and Lenses were exported mostly to Hong Kong ($51.7M), Vietnam ($35.4M), South Korea ($30.4M), United States ($25.7M), and Japan ($13.4M), and were imported mostly from Chinese Taipei ($126M), Japan ($50.3M), Thailand ($28M), China ($27.8M), and Vietnam ($18.6M).

Growth In July 2024, the increase in Mirrors and Lenses's year-by-year exports was explained primarily by an increase in exports to Singapore ($9.85M or 252%), South Korea ($4.6M or 15.1%), and Malaysia ($3.65M or 349%). In July 2024, the increase in Mirrors and Lenses's year-by-year imports was explained primarily by an increase in imports from South Korea ($3.09M or 18.3%), Netherlands ($315k or 172%), and France ($257k or 42%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$20.9M(8.74%)
IMPORT GROWTH (July 2023 - July 2024)$42.7M(16.4%)
MAIN EXPORTER (July 2024)Guangdong Province$79.5M
MAIN DESTINATION (July 2024)Hong Kong$51.7M

This section shows Mirrors and Lenses'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 Mirrors and Lenses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.27B
IMPORTS (2022)$2.31B
NET TRADE (2022)$1.96B

In 2022, China exported $4.27B in Mirrors and Lenses. The main destinations of China exports on Mirrors and Lenses were Hong Kong ($1.04B), Vietnam ($543M), South Korea ($437M), China ($433M), and United States ($269M).

In 2022, China imported $2.31B in Mirrors and Lenses, mainly from Chinese Taipei ($770M), Japan ($443M), China ($433M), Vietnam ($129M), and Thailand ($113M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mirrors and Lenses EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$351M (183%)
Hong Kong$164M (18.8%)
South Korea$113M (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mirrors and Lenses BY China WERE (2021 - 2022):
China-$142M (-24.7%)
Nigeria-$22.9M (-98.9%)
United States-$22M (-7.55%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Mirrors and Lenses were:
Japan $2.24B
Chinese Taipei $2.07B
In 2022, China's main importing competitors in Mirrors and Lenses were:
United States $1.65B
Hong Kong $1.57B

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Trade Value of Mirrors and Lenses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88.7M
TOP IMPORT POTENTIALVietnam+ $63.4M

Mirrors and Lenses’s highest export potential is United States. With an export gap of $88.7M.   Mirrors and Lenses’s highest import potential is Vietnam with an import gap of $63.4M.

See methodology.

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