2022
Exports | Imports
$15.8B | $5.29BWorld Rnk 1 / 216
Flag Rnk 49 / 1216
World Rnk 5 / 222
Flag Rnk 68 / 1212
2022
ECONOMIC COMPLEXITY of China
1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.67Rnk 750 / 1025

About

Exports In 2022, China exported $15.8B in Industrial Fatty Acids, Oils and Alcohols, making it the 1st largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 49th most exported product in China. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from China are: Netherlands ($2.65B), United Kingdom ($1.62B), South Korea ($919M), Malaysia ($728M), and United States ($726M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of China between 2021 and 2022 were Netherlands ($1.58B), United Kingdom ($1.35B), and Malaysia ($523M).

Imports In 2022, China imported $5.29B in Industrial Fatty Acids, Oils and Alcohols, becoming the 5th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 68th most imported product in China. China imports Industrial Fatty Acids, Oils and Alcohols primarily from: Japan ($1.27B), Chinese Taipei ($656M), South Korea ($653M), United States ($639M), and Germany ($372M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for China between 2021 and 2022 were Chinese Taipei ($255M), Indonesia ($180M), and Thailand ($38.5M).

COMPANIES In 2023, leading companies such as THE DOW CHEMICAL COMPANY (130) and MYSTIC APPAREL LLC (36) were at the forefront of shipping Industrial Fatty Acids, Oils and Alcohols from China to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-812k(-13.1%)
IMPORT GROWTH (December 2022 - December 2023)$-46.1M(-15.3%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)Russia$1.92M

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.8B
IMPORTS (2022)$5.29B
NET TRADE (2022)$10.5B

In 2022, China exported $15.8B in Industrial Fatty Acids, Oils and Alcohols. The main destinations of China exports on Industrial Fatty Acids, Oils and Alcohols were Netherlands ($2.65B), United Kingdom ($1.62B), South Korea ($919M), Malaysia ($728M), and United States ($726M).

In 2022, China imported $5.29B in Industrial Fatty Acids, Oils and Alcohols, mainly from Japan ($1.27B), Chinese Taipei ($656M), South Korea ($653M), United States ($639M), and Germany ($372M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR China WERE (2021 - 2022):
Netherlands$1.58B (148%)
United Kingdom$1.35B (501%)
Malaysia$523M (255%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY China WERE (2021 - 2022):
United States-$49.2M (-6.35%)
China-$43.2M (-44.3%)
Laos-$7.4M (-45.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, China's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

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