Aluminium Foil in China 2021 Exports | Imports : $5.03B | $699M, World Rnk 1 / 157 Rnk 127 / 1215 | World Rnk 5 / 217 Rnk 298 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $203M | $104M, Thailand | Japan
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Aluminium Foil: 0.47, Rnk 381 / 1029
Exports In 2021, China exported $5.03B in Aluminium Foil, making it the 1st largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 127th most exported product in China. The main destination of Aluminium Foil exports from China are: Thailand ($483M), Japan ($378M), India ($368M), South Korea ($351M), and United Arab Emirates ($230M).
The fastest growing export markets for Aluminium Foil of China between 2020 and 2021 were Thailand ($203M), Japan ($141M), and India ($107M).
Imports In 2021, China imported $699M in Aluminium Foil, becoming the 5th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 298th most imported product in China. China imports Aluminium Foil primarily from: Japan ($441M), South Korea ($117M), Chinese Taipei ($33.6M), Germany ($33.2M), and Iceland ($18.4M).
The fastest growing import markets in Aluminium Foil for China between 2020 and 2021 were Japan ($104M), South Korea ($40.1M), and Chinese Taipei ($7.19M).
Tariffs In 2018, the average tariff for China in Aluminium Foil was 4.75%. The countries with the highest import tariffs for Aluminium Foil were Burkina Faso (Most Favoured Nation duty rate treatment, 6%), Botswana (Most Favoured Nation duty rate treatment, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6%), Cameroon (Most Favoured Nation duty rate treatment, 6%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6%).
April 2023
Overview In April 2023 China's Aluminium Foil exports accounted up to $449M and imports accounted up to $56.7M, resulting in a positive trade balance of $392M. Between April 2022 and April 2023 the exports of China's Aluminium Foil have decreased by $-76.4M (-14.6%) from $525M to $449M, while imports decreased by $-20.6M (-26.7%) from $77.3M to $56.7M.
Destinations In April 2023, Aluminium Foil were exported mostly to India ($34.8M), Thailand ($33.7M), Malaysia ($28.2M), South Korea ($27.1M), and Mexico ($26.1M), and were imported mostly from Japan ($33.9M), South Korea ($10M), Germany ($2.86M), Thailand ($2.33M), and China ($1.28M).
Growth In April 2023, the decrease in Aluminium Foil's year-by-year exports was explained primarily by a decrease in exports to Poland ($-14.1M or -58%), Italy ($-1.46M or -15.9%), and Brazil ($-858k or -12.9%). In April 2023, the decrease in Aluminium Foil's year-by-year imports was explained primarily by a decrease in imports from Austria ($-593k or -49.8%), United Kingdom ($-365k or -61.1%), and Croatia ($-294k or -53.6%).
EXPORT GROWTH (April 2022 - April 2023): $-76.4M, (-14.6%)
IMPORT GROWTH (April 2022 - April 2023): $-20.6M, (-26.7%)
MAIN EXPORTER (April 2023): Jiangsu Province, $111M
MAIN DESTINATION (April 2023): India, $34.8M
This section shows Aluminium Foil'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 Aluminium Foil over time.
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EXPORTS (2021): $5.03B
IMPORTS (2021): $699M
NET TRADE (2021): $4.33B
In 2021, China exported $5.03B in Aluminium Foil. The main destinations of China exports on Aluminium Foil were Thailand ($483M), Japan ($378M), India ($368M), South Korea ($351M), and United Arab Emirates ($230M).
In 2021, China imported $699M in Aluminium Foil, mainly from Japan ($441M), South Korea ($117M), Chinese Taipei ($33.6M), Germany ($33.2M), and Iceland ($18.4M).
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY China WERE (2020 - 2021):
In 2021, China's main importing competitors in Aluminium Foil were:
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