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Pricing

2022
Exports $5.28MWorld Rnk 14 / 104
Flag Rnk 1124 / 1216
2022
Destination $237k United States
2021 - 2022
FASTEST GROWING MARKET $237kCanada
2022
PRODUCT COMPLEXITY IN Wood Barrels0.13Rnk 510 / 1025
2022
Imports $32.2MWorld Rnk 11 / 188
Flag Rnk 850 / 1212
2022
Origin $1.7M France
2021 - 2022
FASTEST GROWING ORIGIN $1.7MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $5.28M in Wood Barrels, making it the 14th largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 1124th most exported product in China. The main destination of Wood Barrels exports from China are: United States ($898k), Germany ($840k), Japan ($820k), Canada ($530k), and United Kingdom ($458k).

The fastest growing export markets for Wood Barrels of China between 2021 and 2022 were Canada ($237k), Germany ($223k), and Australia ($125k).

Imports In 2022, China imported $32.2M in Wood Barrels, becoming the 11th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 850th most imported product in China. China imports Wood Barrels primarily from: France ($15M), United States ($11.3M), Spain ($4.63M), Australia ($333k), and Ireland ($283k).

The fastest growing import markets in Wood Barrels for China between 2021 and 2022 were United States ($1.7M), France ($1.6M), and Portugal ($88.5k).

COMPANIES In 2023, leading companies such as Costco Wholesale (19), Continental Materials (12), and QVC Inc (3) were at the forefront of shipping Wood Barrels from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Wood Barrels exports accounted up to $433k and imports accounted up to $2.53M, resulting in a negative trade balance of $2.1M. Between July 2023 and July 2024 the exports of China's   Wood Barrels have decreased by $-119k (-21.6%) from $552k to $433k, while imports decreased by $-5.33M (-67.8%) from $7.86M to $2.53M.

Destinations In July 2024, Wood Barrels were exported mostly to United Kingdom ($148k), Australia ($115k), Kazakhstan ($55.6k), United States ($45.3k), and France ($18.3k), and were imported mostly from Spain ($1.1M), France ($829k), United States ($490k), Mexico ($58.4k), and Portugal ($46.6k).

Growth In July 2024, the decrease in Wood Barrels's year-by-year exports was explained primarily by a decrease in exports to United States ($-48.8k or -10.9%), South Korea ($-17.7k or -93.4%), and Hong Kong ($-10.3k or -99.2%). In July 2024, the decrease in Wood Barrels's year-by-year imports was explained primarily by a decrease in imports from France ($-718k or -50.2%) and Japan ($-411 or -74.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-119k(-21.6%)
IMPORT GROWTH (July 2023 - July 2024)$-5.33M(-67.8%)
MAIN EXPORTER (July 2024)Zhejiang Province$361k
MAIN DESTINATION (July 2024)United Kingdom$148k

This section shows Wood Barrels'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 Wood Barrels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.28M
IMPORTS (2022)$32.2M
NET TRADE (2022)-$26.9M

In 2022, China exported $5.28M in Wood Barrels. The main destinations of China exports on Wood Barrels were United States ($898k), Germany ($840k), Japan ($820k), Canada ($530k), and United Kingdom ($458k).

In 2022, China imported $32.2M in Wood Barrels, mainly from France ($15M), United States ($11.3M), Spain ($4.63M), Australia ($333k), and Ireland ($283k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Barrels EXPORT MARKETS FOR China WERE (2021 - 2022):
Canada$237k (80.9%)
Germany$223k (36%)
Australia$125k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Barrels BY China WERE (2021 - 2022):
United States-$2.12M (-70.2%)
Hong Kong-$359k (-91.2%)
Saudi Arabia-$345k (-99.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wood Barrels were:
France $530M
United States $318M
Spain $144M
In 2022, China's main importing competitors in Wood Barrels were:
United States $278M
United Kingdom $194M
Spain $90.8M

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $713k
TOP IMPORT POTENTIALUnited States+ $1.78M

Wood Barrels’s highest export potential is United States. With an export gap of $713k.   Wood Barrels’s highest import potential is United States with an import gap of $1.78M.

See methodology.

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