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2022
Exports $357MWorld Rnk 1 / 132
Flag Rnk 645 / 1216
2022
Destination $7.72M United States
2021 - 2022
FASTEST GROWING MARKET $7.72MSouth Korea
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools0.5Rnk 368 / 1025
2022
Imports $6.26MWorld Rnk 26 / 209
Flag Rnk 1054 / 1212
2022
Origin $861k Germany
2021 - 2022
FASTEST GROWING ORIGIN $861kGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $357M in Cooking Hand Tools, making it the 1st largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 645th most exported product in China. The main destination of Cooking Hand Tools exports from China are: United States ($75.5M), Germany ($22.6M), South Korea ($18.5M), Japan ($16.9M), and Malaysia ($14.9M).

The fastest growing export markets for Cooking Hand Tools of China between 2021 and 2022 were South Korea ($7.72M), Egypt ($3.35M), and Japan ($2.28M).

Imports In 2022, China imported $6.26M in Cooking Hand Tools, becoming the 26th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 1054th most imported product in China. China imports Cooking Hand Tools primarily from: Germany ($2.62M), United Kingdom ($847k), China ($630k), United Arab Emirates ($461k), and France ($301k).

The fastest growing import markets in Cooking Hand Tools for China between 2021 and 2022 were Germany ($861k), United Kingdom ($796k), and Italy ($265k).

COMPANIES In 2023, leading companies such as QVC Inc (16), IKEA Group (7), and Conair (6) were at the forefront of shipping Cooking Hand Tools from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Cooking Hand Tools exports accounted up to $30.2M and imports accounted up to $558k, resulting in a positive trade balance of $29.7M. Between July 2023 and July 2024 the exports of China's   Cooking Hand Tools have decreased by $-1.41M (-4.45%) from $31.6M to $30.2M, while imports increased by $276k (97.7%) from $282k to $558k.

Destinations In July 2024, Cooking Hand Tools were exported mostly to United States ($5.63M), Malaysia ($2.68M), Singapore ($2.09M), Germany ($1.74M), and Thailand ($1.08M), and were imported mostly from Germany ($340k), China ($84.8k), United States ($73.8k), United Kingdom ($47.5k), and Switzerland ($7.61k).

Growth In July 2024, the decrease in Cooking Hand Tools's year-by-year exports was explained primarily by a decrease in exports to Sweden ($-1.64M or -92.3%), Philippines ($-677k or -66%), and Denmark ($-594k or -84.7%). In July 2024, the increase in Cooking Hand Tools's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($133k or 31.2k%), United States ($33.3k or 337%), and France ($14.7k or 991%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.41M(-4.45%)
IMPORT GROWTH (July 2023 - July 2024)$276k(97.7%)
MAIN EXPORTER (July 2024)Shandong Province$36.4M
MAIN DESTINATION (July 2024)United States$5.63M

This section shows Cooking Hand Tools'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 Cooking Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$357M
IMPORTS (2022)$6.26M
NET TRADE (2022)$350M

In 2022, China exported $357M in Cooking Hand Tools. The main destinations of China exports on Cooking Hand Tools were United States ($75.5M), Germany ($22.6M), South Korea ($18.5M), Japan ($16.9M), and Malaysia ($14.9M).

In 2022, China imported $6.26M in Cooking Hand Tools, mainly from Germany ($2.62M), United Kingdom ($847k), China ($630k), United Arab Emirates ($461k), and France ($301k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$7.72M (71.9%)
Egypt$3.35M (34.8%)
Japan$2.28M (15.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY China WERE (2021 - 2022):
Germany-$21M (-48.2%)
United States-$15.4M (-16.9%)
United Kingdom-$9.69M (-61.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cooking Hand Tools were:
Germany $40.9M
France $33.7M
In 2022, China's main importing competitors in Cooking Hand Tools were:
United States $105M
Germany $48.9M
Canada $22M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $2.15M
TOP IMPORT POTENTIALFrance+ $226k

Cooking Hand Tools’s highest export potential is Russia. With an export gap of $2.15M.   Cooking Hand Tools’s highest import potential is France with an import gap of $226k.

See methodology.

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