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2018
Exports $155MWorld Rnk 1 / 152
Flag Rnk 823 / 1216
2018
Destination $7.81M Iraq
2021 - 2022
FASTEST GROWING MARKET $7.81MSingapore
2018
Imports $2.55MWorld Rnk 42 / 213
Flag Rnk 1114 / 1212
2018
Origin $158k Japan
2021 - 2022
FASTEST GROWING ORIGIN $158kChina
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2018, China exported $155M in Wooden Tool Handles, making it the 1st largest exporter of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 823rd most exported product in China. The main destination of Wooden Tool Handles exports from China are: Iraq ($12.7M), Singapore ($10.1M), Egypt ($9.58M), Saudi Arabia ($7.01M), and United Arab Emirates ($7M).

The fastest growing export markets for Wooden Tool Handles of China between 2021 and 2022 were Singapore ($7.81M), Morocco ($2.06M), and Mexico ($2.04M).

Imports In 2022, China imported $2.55M in Wooden Tool Handles, becoming the 42nd largest importer of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 1114th most imported product in China. China imports Wooden Tool Handles primarily from: Japan ($1.1M), India ($392k), Hong Kong ($200k), China ($182k), and United Arab Emirates ($169k).

The fastest growing import markets in Wooden Tool Handles for China between 2021 and 2022 were China ($158k), United Arab Emirates ($151k), and New Zealand ($145k).

COMPANIES In 2023, leading companies such as CrimsonLogic (723), Itourscm (205), and Amazon (193) were at the forefront of shipping Wooden Tool Handles from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Wooden Tool Handles exports accounted up to $2.49M and imports accounted up to $159k, resulting in a positive trade balance of $2.33M. Between July 2023 and July 2024 the exports of China's   Wooden Tool Handles have decreased by $-4.65M (-65.2%) from $7.14M to $2.49M, while imports decreased by $-2.05k (-1.28%) from $161k to $159k.

Destinations In July 2024, Wooden Tool Handles were exported mostly to Iraq ($260k), Indonesia ($253k), Malaysia ($191k), Singapore ($178k), and Japan ($141k), and were imported mostly from Japan ($69.6k), Italy ($47.4k), United States ($20.6k), Indonesia ($13.7k), and France ($2.37k).

Growth In July 2024, the decrease in Wooden Tool Handles's year-by-year exports was explained primarily by a decrease in exports to Iraq ($-3.71M or -76.2%), Sri Lanka ($-3.23M or -98.6%), and South Africa ($-2.28M or -74.7%). In July 2024, the decrease in Wooden Tool Handles's year-by-year imports was explained primarily by a decrease in imports from Japan ($-19.4k or -23.1%), United States ($-3.91k or -93%), and Germany ($-2.5k or -82.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-4.65M(-65.2%)
IMPORT GROWTH (July 2023 - July 2024)$-2.05k(-1.28%)
MAIN EXPORTER (July 2024)Guangdong Province$2.55M
MAIN DESTINATION (July 2024)Iraq$260k

This section shows Wooden Tool Handles'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 Wooden Tool Handles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$155M
IMPORTS (2022)$2.55M
NET TRADE (2022)$152M

In 2022, China exported $155M in Wooden Tool Handles. The main destinations of China exports on Wooden Tool Handles were Iraq ($12.7M), Singapore ($10.1M), Egypt ($9.58M), Saudi Arabia ($7.01M), and United Arab Emirates ($7M).

In 2022, China imported $2.55M in Wooden Tool Handles, mainly from Japan ($1.1M), India ($392k), Hong Kong ($200k), China ($182k), and United Arab Emirates ($169k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wooden Tool Handles EXPORT MARKETS FOR China WERE (2021 - 2022):
Singapore$7.81M (336%)
Morocco$2.06M (1.13k%)
Mexico$2.04M (88.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wooden Tool Handles BY China WERE (2021 - 2022):
Iraq-$10.5M (-45.2%)
India-$4.54M (-87.9%)
Egypt-$2.91M (-23.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wooden Tool Handles were:
Italy $37.4M
Brazil $32.3M
In 2022, China's main importing competitors in Wooden Tool Handles were:
United States $56.5M
Germany $51.7M
France $26.1M

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Trade Value of Wooden Tool Handles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.87M
TOP IMPORT POTENTIALIndia+ $419k

Wooden Tool Handles’s highest export potential is United States. With an export gap of $2.87M.   Wooden Tool Handles’s highest import potential is India with an import gap of $419k.

See methodology.

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