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2022
Exports $11.2MWorld Rnk 6 / 48
Flag Rnk 1086 / 1216
2022
Destination $5.16M Indonesia
2021 - 2022
FASTEST GROWING MARKET $5.16MIndonesia
2022
Imports $48.2MWorld Rnk 3 / 93
Flag Rnk 792 / 1212
2022
Origin $8.25M Russia
2021 - 2022
FASTEST GROWING ORIGIN $8.25MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.2M in Asbestos, making it the 6th largest exporter of Asbestos in the world. At the same year, Asbestos was the 1086th most exported product in China. The main destination of Asbestos exports from China are: Indonesia ($6.56M), Thailand ($1.47M), Philippines ($1.01M), Vietnam ($433k), and Laos ($329k).

The fastest growing export markets for Asbestos of China between 2021 and 2022 were Indonesia ($5.16M), Thailand ($992k), and Philippines ($940k).

Imports In 2022, China imported $48.2M in Asbestos, becoming the 3rd largest importer of Asbestos in the world. At the same year, Asbestos was the 792nd most imported product in China. China imports Asbestos primarily from: Russia ($47.5M), Kazakhstan ($644k), Netherlands ($25.4k), United States ($3.82k), and France ($2.77k).

The fastest growing import markets in Asbestos for China between 2021 and 2022 were Russia ($8.25M), Netherlands ($6.06k), and France ($2.77k).

COMPANIES In 2023, leading companies such as Volvo (9), Walmart (4), and Amazon (3) were at the forefront of shipping Asbestos from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Asbestos exports accounted up to $1.39M and imports accounted up to $4.7M, resulting in a negative trade balance of $3.31M. Between July 2023 and July 2024 the exports of China's   Asbestos have decreased by $-2.32M (-62.5%) from $3.71M to $1.39M, while imports increased by $456k (10.7%) from $4.25M to $4.7M.

Destinations In July 2024, Asbestos were exported mostly to Indonesia ($735k), Thailand ($243k), Vietnam ($235k), Bangladesh ($89.9k), and India ($41.7k), and were imported mostly from Russia ($4.65M), Kazakhstan ($48k), and Netherlands ($7.61k).

Growth In July 2024, the decrease in Asbestos's year-by-year exports was explained primarily by a decrease in exports to Burma ($-3.92k or -99.9%) and Hong Kong ($-1 or -20%). In July 2024, the increase in Asbestos's year-by-year imports was explained primarily by an increase in imports from Russia ($1.28M or 56%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.32M(-62.5%)
IMPORT GROWTH (July 2023 - July 2024)$456k(10.7%)
MAIN EXPORTER (July 2024)Gansu Province$1.42M
MAIN DESTINATION (July 2024)Indonesia$735k

This section shows Asbestos'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 Asbestos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.2M
IMPORTS (2022)$48.2M
NET TRADE (2022)-$36.9M

In 2022, China exported $11.2M in Asbestos. The main destinations of China exports on Asbestos were Indonesia ($6.56M), Thailand ($1.47M), Philippines ($1.01M), Vietnam ($433k), and Laos ($329k).

In 2022, China imported $48.2M in Asbestos, mainly from Russia ($47.5M), Kazakhstan ($644k), Netherlands ($25.4k), United States ($3.82k), and France ($2.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asbestos EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$5.16M (369%)
Thailand$992k (206%)
Philippines$940k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos BY China WERE (2021 - 2022):
Tajikistan-$445k (-85.4%)
Laos-$113k (-25.6%)
Angola-$74.2k (-80%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Asbestos were:
Russia $232M
Brazil $97.4M
Kazakhstan $76.5M
In 2022, China's main importing competitors in Asbestos were:
India $264M
Indonesia $54.7M

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Trade Value of Asbestos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $642k
TOP IMPORT POTENTIALKazakhstan+ $1.17M

Asbestos’s highest export potential is India. With an export gap of $642k.   Asbestos’s highest import potential is Kazakhstan with an import gap of $1.17M.

See methodology.

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