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2022
Exports $149MWorld Rnk 9 / 148
Flag Rnk 827 / 1216
2022
Destination $9.35M Vietnam
2021 - 2022
FASTEST GROWING MARKET $9.35MSouth Korea
2022
PRODUCT COMPLEXITY IN Other Iron Bars-0.18Rnk 608 / 1025
2022
Imports $84.6MWorld Rnk 11 / 213
Flag Rnk 687 / 1212
2022
Origin $1.08M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.08MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $149M in Other Iron Bars, making it the 9th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 827th most exported product in China. The main destination of Other Iron Bars exports from China are: Vietnam ($20.1M), South Korea ($13.2M), United States ($8.25M), Belgium ($8.25M), and Thailand ($7.18M).

The fastest growing export markets for Other Iron Bars of China between 2021 and 2022 were South Korea ($9.35M), Vietnam ($5.81M), and Dominican Republic ($4.01M).

Imports In 2022, China imported $84.6M in Other Iron Bars, becoming the 11th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 687th most imported product in China. China imports Other Iron Bars primarily from: Germany ($26.4M), South Korea ($15.5M), Chinese Taipei ($12M), Switzerland ($10.5M), and Japan ($8.36M).

The fastest growing import markets in Other Iron Bars for China between 2021 and 2022 were South Korea ($1.08M), France ($969k), and Italy ($487k).

COMPANIES In 2023, leading companies such as Yaheetech (1), Arhaus (1), and CrimsonLogic (1) were at the forefront of shipping Other Iron Bars from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Other Iron Bars exports accounted up to $11.2M and imports accounted up to $5.6M, resulting in a positive trade balance of $5.61M. Between July 2023 and July 2024 the exports of China's   Other Iron Bars have increased by $232k (2.11%) from $11M to $11.2M, while imports increased by $568k (11.3%) from $5.04M to $5.6M.

Destinations In July 2024, Other Iron Bars were exported mostly to Vietnam ($1.38M), Mexico ($1.05M), Belgium ($813k), Thailand ($721k), and South Korea ($684k), and were imported mostly from Chinese Taipei ($2.08M), Germany ($922k), South Korea ($911k), Japan ($697k), and Switzerland ($696k).

Growth In July 2024, the increase in Other Iron Bars's year-by-year exports was explained primarily by an increase in exports to Belgium ($2.39M or 23k%), Thailand ($960k or 386%), and Peru ($755k or 20.2k%). In July 2024, the increase in Other Iron Bars's year-by-year imports was explained primarily by an increase in imports from South Korea ($188k or 15%), United Kingdom ($47.6k or 1.63k%), and China ($34k or 625%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$232k(2.11%)
IMPORT GROWTH (July 2023 - July 2024)$568k(11.3%)
MAIN EXPORTER (July 2024)Guangdong Province$3.79M
MAIN DESTINATION (July 2024)Vietnam$1.38M

This section shows Other Iron Bars'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 Other Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$149M
IMPORTS (2022)$84.6M
NET TRADE (2022)$64.3M

In 2022, China exported $149M in Other Iron Bars. The main destinations of China exports on Other Iron Bars were Vietnam ($20.1M), South Korea ($13.2M), United States ($8.25M), Belgium ($8.25M), and Thailand ($7.18M).

In 2022, China imported $84.6M in Other Iron Bars, mainly from Germany ($26.4M), South Korea ($15.5M), Chinese Taipei ($12M), Switzerland ($10.5M), and Japan ($8.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$9.35M (243%)
Vietnam$5.81M (40.8%)
Dominican Republic$4.01M (2.15k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY China WERE (2021 - 2022):
Kazakhstan-$2.99M (-98.5%)
Japan-$1.61M (-22.3%)
United Kingdom-$1.42M (-52.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Iron Bars were:
Italy $690M
Germany $402M
France $218M
In 2022, China's main importing competitors in Other Iron Bars were:
Germany $608M
France $234M
Poland $204M

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.26M
TOP IMPORT POTENTIALItaly+ $4.33M

Other Iron Bars’s highest export potential is United States. With an export gap of $4.26M.   Other Iron Bars’s highest import potential is Italy with an import gap of $4.33M.

See methodology.

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