Acetone in China | The Observatory of Economic Complexity

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Pricing

2022
Exports $4.88MWorld Rnk 20 / 96
Flag

Rnk 3985 / 4606

2022
Destination $375kN/A

2021 - 2022
FASTEST GROWING MARKET $375kEcuador

2022
Imports $444MWorld Rnk 1 / 193
Flag

Rnk 472 / 4539

2022
Origin $10.1M Saudi Arabia

2021 - 2022
FASTEST GROWING ORIGIN $10.1MSingapore

2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

Image 1

Link: custom-image-1602

Image 2

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

Latest Trends
Historical Data

About

The fastest growing export markets for Acetone of China between 2021 and 2022 were Ecuador ($375k), Peru ($285k), and Colombia ($216k).

Imports In 2022, China imported $444M in Acetone, becoming the 1st largest importer of Acetone in the world. At the same year, Acetone was the 472nd most imported product in China. China imports Acetone primarily from: Saudi Arabia ($136M), Thailand ($97.9M), South Korea ($92.3M), Chinese Taipei ($77.8M), and Singapore ($16M).

The fastest growing import markets in Acetone for China between 2021 and 2022 were Singapore ($10.1M), Belgium ($9.53M), and Spain ($1.81M).

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

Latest Trends

July 2024

About

Overview In July 2024 China's Acetone exports accounted up to $1.47M and imports accounted up to $24.8M, resulting in a negative trade balance of $23.4M. Between July 2023 and July 2024 the exports of China's Acetone have decreased by $-971k (-39.7%) from $2.44M to $1.47M, while imports increased by $2.29M (10.2%) from $22.5M to $24.8M.

Destinations In July 2024, Acetone were exported mostly to India ($921k), Colombia ($95.5k), Canada ($88.2k), Kenya ($58k), and Chile ($56.9k), and were imported mostly from Thailand ($8.72M), Chinese Taipei ($7.3M), Saudi Arabia ($6.91M), South Korea ($1.9M), and United States ($2.28k).

Growth In July 2024, the decrease in Acetone's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Acetone's year-by-year imports was explained primarily by an increase in imports from Thailand ($2.66M or 54.6%) and Germany ($74.3k or 183%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-971k(-39.7%)

IMPORT GROWTH (July 2023 - July 2024)$2.29M(10.2%)

MAIN EXPORTER (July 2024)Guangdong Province$1.06M

MAIN DESTINATION (July 2024)India$921k

This section shows Acetone'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 Acetone over time.

For full datasets download visit Bulk Download page.

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