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2022
Exports $33.7BWorld Rnk 1 / 210
Flag Rnk 19 / 96
2022
Destination $3.43B South Korea
2021 - 2022
FASTEST GROWING MARKET $3.43BSouth Korea
2022
PRODUCT COMPLEXITY IN Inorganic chemicals1.72Rnk 21 / 1025
2022
Imports $21.7BWorld Rnk 1 / 225
Flag Rnk 15 / 96
2022
Origin $5.76B Chile
2021 - 2022
FASTEST GROWING ORIGIN $5.76BChile
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $33.7B in Inorganic chemicals, making it the 1st largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 19th most exported product in China. The main destination of Inorganic chemicals exports from China are: South Korea ($6.36B), Japan ($4.94B), United States ($1.87B), Thailand ($1.34B), and Vietnam ($1.28B).

The fastest growing export markets for Inorganic chemicals of China between 2021 and 2022 were South Korea ($3.43B), Japan ($1.83B), and United States ($674M).

Imports In 2022, China imported $21.7B in Inorganic chemicals, becoming the 1st largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 15th most imported product in China. China imports Inorganic chemicals primarily from: Chile ($6.39B), Germany ($1.88B), United States ($1.58B), South Korea ($1.25B), and Japan ($1.21B).

The fastest growing import markets in Inorganic chemicals for China between 2021 and 2022 were Chile ($5.76B), Australia ($712M), and Russia ($543M).

COMPANIES In 2023, leading companies such as Yaheetech (180), CrimsonLogic (139), and Conair (63) were at the forefront of shipping Inorganic chemicals from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Inorganic chemicals exports accounted up to $2.12B and imports accounted up to $1.44B, resulting in a positive trade balance of $672M. Between July 2023 and July 2024 the exports of China's   Inorganic chemicals have decreased by $-476M (-18.4%) from $2.59B to $2.12B, while imports decreased by $-566M (-28.2%) from $2.01B to $1.44B.

Destinations In July 2024, Inorganic chemicals were exported mostly to South Korea ($462M), Japan ($212M), Russia ($124M), Thailand ($114M), and Vietnam ($97.2M), and were imported mostly from Chile ($258M), Kazakhstan ($199M), South Korea ($173M), United States ($93M), and Germany ($87.4M).

Growth In July 2024, the decrease in Inorganic chemicals's year-by-year exports was explained primarily by a decrease in exports to Kazakhstan ($-33.6M or -94.9%), Thailand ($-32.4M or -26.8%), and Chile ($-22.6M or -70%). In July 2024, the decrease in Inorganic chemicals's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-24.9M or -90.9%), Japan ($-22.3M or -21.6%), and Australia ($-15.5M or -31.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-476M(-18.4%)
IMPORT GROWTH (July 2023 - July 2024)$-566M(-28.2%)
MAIN EXPORTER (July 2024)Beijing$507M
MAIN DESTINATION (July 2024)South Korea$462M

This section shows Inorganic chemicals'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 Inorganic chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.7B
IMPORTS (2022)$21.7B
NET TRADE (2022)$12.1B

In 2022, China exported $33.7B in Inorganic chemicals. The main destinations of China exports on Inorganic chemicals were South Korea ($6.36B), Japan ($4.94B), United States ($1.87B), Thailand ($1.34B), and Vietnam ($1.28B).

In 2022, China imported $21.7B in Inorganic chemicals, mainly from Chile ($6.39B), Germany ($1.88B), United States ($1.58B), South Korea ($1.25B), and Japan ($1.21B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$3.43B (117%)
Japan$1.83B (58.9%)
United States$674M (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY China WERE (2021 - 2022):
Hong Kong-$178M (-58.4%)
Ukraine-$15.2M (-39.7%)
Sri Lanka-$10.7M (-23%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Inorganic chemicals were:
United States $17B
Germany $15.3B
In 2022, China's main importing competitors in Inorganic chemicals were:
United States $20B
South Korea $13B

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $791M
TOP IMPORT POTENTIALRussia+ $239M

Inorganic chemicals’s highest export potential is India. With an export gap of $791M.   Inorganic chemicals’s highest import potential is Russia with an import gap of $239M.

See methodology.

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