Borates of metals except refined borax in China | The Observatory of Economic Complexity

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Pricing

2022
Exports $29.4MWorld Rnk 3 / 73
Flag

Rnk 3212 / 4606

falsefalseN/A

2022
Imports $9.21MWorld Rnk 4 / 165
Flag

Rnk 2826 / 4539

2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

Image 1

Link: custom-image-1604

Image 2

Image by Joe Hart
Link: https://flic.kr/p/ngYpRr

Latest Trends
Historical Data

About

Imports In 2022, China imported $9.21M in Borates of metals except refined borax, becoming the 4th largest importer of Borates of metals except refined borax in the world. At the same year, Borates of metals except refined borax was the 2826th most imported product in China. China imports Borates of metals except refined borax primarily from: United States ($3.26M), Turkey ($2.48M), Italy ($983k), Peru ($963k), and Japan ($464k).

The fastest growing import markets in Borates of metals except refined borax for China between 2021 and 2022 were Turkey ($2.44M), Canada ($162k), and Argentina ($90.9k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Borates of metals except refined borax from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Borates of metals except refined borax exports accounted up to $2.43M and imports accounted up to $676k, resulting in a positive trade balance of $1.75M. Between July 2023 and July 2024 the exports of China's Borates of metals except refined borax have increased by $318k (15%) from $2.11M to $2.43M, while imports increased by $53.1k (8.52%) from $623k to $676k.

Destinations In July 2024, Borates of metals except refined borax were exported mostly to Chinese Taipei ($331k), United States ($229k), South Korea ($217k), Italy ($209k), and Mexico ($159k), and were imported mostly from Italy ($209k), United States ($182k), Turkey ($166k), Japan ($41k), and Peru ($38.6k).

Growth In July 2024, the increase in Borates of metals except refined borax's year-by-year exports was explained primarily by an increase in exports to Japan ($56.5k or 63.9%), Vietnam ($43.5k or 321%), and Germany ($8.96k or 19.8%). In July 2024, the increase in Borates of metals except refined borax's year-by-year imports was explained primarily by an increase in imports from France ($107 or 510%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$318k(15%)

IMPORT GROWTH (July 2023 - July 2024)$53.1k(8.52%)

MAIN EXPORTER (July 2024)Shandong Province$2.01M

MAIN DESTINATION (July 2024)Chinese Taipei$331k

This section shows Borates of metals except refined borax'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 Borates of metals except refined borax over time.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Borates of metals except refined borax throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.