2022
Exports
$529MWorld Rnk 1 / 158
Flag Rnk 571 / 1216
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$40.8MWorld Rnk 5 / 209
Flag Rnk 819 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $529M in Pastes and Waxes, making it the 1st largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 571st most exported product in China. The main destination of Pastes and Waxes exports from China are: United States ($156M), Mexico ($24.4M), Thailand ($22.6M), Philippines ($21.9M), and Germany ($18.2M).

The fastest growing export markets for Pastes and Waxes of China between 2021 and 2022 were United States ($20.8M), Thailand ($16.6M), and Philippines ($11.7M).

Imports In 2022, China imported $40.8M in Pastes and Waxes, becoming the 5th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 819th most imported product in China. China imports Pastes and Waxes primarily from: Germany ($17.4M), Hong Kong ($7.72M), Japan ($5.74M), United States ($3.96M), and Italy ($3.77M).

The fastest growing import markets in Pastes and Waxes for China between 2021 and 2022 were Japan ($1.41M), Thailand ($142k), and Romania ($112k).

COMPANIES In 2023, leading companies such as Itourscm (34), Costco Wholesale (7), and Walgreens (1) were at the forefront of shipping Pastes and Waxes from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.29M(-5.91%)
IMPORT GROWTH (July 2023 - July 2024)$1.32M(39.4%)
MAIN EXPORTER (July 2024)Zhejiang Province$27.5M
MAIN DESTINATION (July 2024)United States$7.98M

This section shows Pastes and Waxes'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 Pastes and Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$529M
IMPORTS (2022)$40.8M
NET TRADE (2022)$488M

In 2022, China exported $529M in Pastes and Waxes. The main destinations of China exports on Pastes and Waxes were United States ($156M), Mexico ($24.4M), Thailand ($22.6M), Philippines ($21.9M), and Germany ($18.2M).

In 2022, China imported $40.8M in Pastes and Waxes, mainly from Germany ($17.4M), Hong Kong ($7.72M), Japan ($5.74M), United States ($3.96M), and Italy ($3.77M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$20.8M (15.4%)
Thailand$16.6M (277%)
Philippines$11.7M (114%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY China WERE (2021 - 2022):
Mexico-$7.92M (-24.5%)
Chile-$4.84M (-42.8%)
Russia-$4.83M (-45.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pastes and Waxes were:
In 2022, China's main importing competitors in Pastes and Waxes were:

Explore Visualizations

Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $8.43M
TOP IMPORT POTENTIALItaly+ $1.49M

Pastes and Waxes’s highest export potential is India. With an export gap of $8.43M.   Pastes and Waxes’s highest import potential is Italy with an import gap of $1.49M.

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