Cement Articles in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $3B in Cement Articles, making it the 1st largest exporter of Cement Articles in the world. At the same year, Cement Articles was the 229th most exported product in China. The main destination of Cement Articles exports from China are: United States ($590M), Hong Kong ($314M), Australia ($171M), United Kingdom ($171M), and Canada ($158M).

The fastest growing export markets for Cement Articles of China between 2021 and 2022 were United States ($101M), Netherlands ($78.3M), and Singapore ($40.3M).

Imports In 2022, China imported $59.3M in Cement Articles, becoming the 39th largest importer of Cement Articles in the world. At the same year, Cement Articles was the 755th most imported product in China. China imports Cement Articles primarily from: Germany ($18M), Italy ($16.7M), Japan ($6.85M), India ($2.34M), and Israel ($2.19M).

The fastest growing import markets in Cement Articles for China between 2021 and 2022 were Germany ($2.58M), India ($2.14M), and Czechia ($1.02M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (2.52k), AT HOME PROCUREMENT INC (598), and KONECRANES (375) were at the forefront of shipping Cement Articles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Cement Articles exports accounted up to $185M and imports accounted up to $2.79M, resulting in a positive trade balance of $182M. Between February 2023 and February 2024 the exports of China's Cement Articles have decreased by $-28.3M (-13.3%) from $213M to $185M, while imports decreased by $-638k (-18.6%) from $3.43M to $2.79M.

Destinations In February 2024, Cement Articles were exported mostly to Hong Kong ($33.5M), United States ($27.1M), Canada ($11.1M), United Kingdom ($10.5M), and Indonesia ($7.73M), and were imported mostly from Spain ($575k), Germany ($451k), China ($324k), Italy ($246k), and Poland ($214k).

Growth In February 2024, the decrease in Cement Articles's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-21.2M or -70.1%), Netherlands ($-17.9M or -61.2%), and Germany ($-7.08M or -53.9%). In February 2024, the decrease in Cement Articles's year-by-year imports was explained primarily by a decrease in imports from Italy ($-2.15M or -75.9%), Spain ($-887k or -94.2%), and Netherlands ($-210k or -97.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-28.3M(-13.3%)

IMPORT GROWTH (February 2023 - February 2024)$-638k(-18.6%)

MAIN EXPORTER (February 2024)Guangdong Province$124M

MAIN DESTINATION (February 2024)Hong Kong$33.5M

This section shows Cement Articles'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 Cement Articles over time.

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