Acyclic Alcohols in China 2020 Exports | Imports : $1.43B | $7.42B, World Rnk 4 / 150 Rnk 284 / 1215 | World Rnk 1 / 216 Rnk 35 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $21.1M | $265M, Russia | United Arab Emirates
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Acyclic Alcohols: -0.34, Rnk 646 / 1029
Exports In 2020, China exported $1.43B in Acyclic Alcohols, making it the 4th largest exporter of Acyclic Alcohols in the world. At the same year, Acyclic Alcohols was the 284th most exported product in China. The main destination of Acyclic Alcohols exports from China are: India ($139M), United States ($118M), South Korea ($111M), Indonesia ($84.2M), and Russia ($68.5M).
The fastest growing export markets for Acyclic Alcohols of China between 2019 and 2020 were Russia ($21.1M), Netherlands ($17.1M), and Belgium ($11.7M).
Imports In 2020, China imported $7.42B in Acyclic Alcohols, becoming the 1st largest importer of Acyclic Alcohols in the world. At the same year, Acyclic Alcohols was the 35th most imported product in China. China imports Acyclic Alcohols primarily from: Saudi Arabia ($1.32B), Chinese Taipei ($828M), Iran ($780M), Singapore ($650M), and United Arab Emirates ($522M).
The fastest growing import markets in Acyclic Alcohols for China between 2019 and 2020 were United Arab Emirates ($265M), United States ($153M), and Oman ($80.5M).
Tariffs In 2018, the average tariff for China in Acyclic Alcohols was 5.61%. The countries with the highest import tariffs for Acyclic Alcohols were Bangladesh (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 6.75%), India (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 6.75%), Sri Lanka (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 6.75%), Pakistan (Most Favoured Nation duty rate treatement, 6.75%), and Taiwan (Most Favoured Nation duty rate treatement, 6.07%).
December 2022
Overview In December 2022 China's Acyclic Alcohols exports accounted up to $167M and imports accounted up to $711M, resulting in a negative trade balance of $544M. Between December 2021 and December 2022 the exports of China's Acyclic Alcohols have decreased by $-94M (-36%) from $261M to $167M, while imports decreased by $-319M (-31%) from $1.03B to $711M.
Destinations In December 2022, Acyclic Alcohols were exported mostly to India ($17.6M), South Korea ($12.3M), United States ($11.5M), Italy ($11.2M), and Russia ($10M), and were imported mostly from Saudi Arabia ($214M), Oman ($96.3M), United Arab Emirates ($57.1M), Trinidad and Tobago ($53.2M), and Indonesia ($39.1M).
Growth In December 2022, the decrease in Acyclic Alcohols's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-3.08M or -54%), Thailand ($-1.43M or -21.9%), and Brazil ($-1.02M or -23.1%). In December 2022, the decrease in Acyclic Alcohols's year-by-year imports was explained primarily by a decrease in imports from United Arab Emirates ($-59.3M or -60.7%), Venezuela ($-19.6M or -77.8%), and Canada ($-15.7M or -29.1%).
EXPORT GROWTH (December 2021 - December 2022): $-94M, (-36%)
IMPORT GROWTH (December 2021 - December 2022): $-319M, (-31%)
MAIN EXPORTER (December 2022): Shandong Province, $68.4M
MAIN DESTINATION (December 2022): India, $17.6M
This section shows Acyclic 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 Acyclic Alcohols over time.
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EXPORTS (2020): $1.43B
IMPORTS (2020): $7.42B
NET TRADE (2020): -$5.99B
In 2020, China exported $1.43B in Acyclic Alcohols. The main destinations of China exports on Acyclic Alcohols were India ($139M), United States ($118M), South Korea ($111M), Indonesia ($84.2M), and Russia ($68.5M).
In 2020, China imported $7.42B in Acyclic Alcohols, mainly from Saudi Arabia ($1.32B), Chinese Taipei ($828M), Iran ($780M), Singapore ($650M), and United Arab Emirates ($522M).
THE FASTEST GROWING Acyclic Alcohols EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acyclic Alcohols BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Acyclic Alcohols were:
In 2020, China's main importing competitors in Acyclic Alcohols were:
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