Carbonates in China 2020 Exports | Imports : $868M | $353M, World Rnk 2 / 155 Rnk 382 / 1215 | World Rnk 2 / 209 Rnk 384 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.46M | $46.1M, United States | Chile
Exports In 2020, China exported $868M in Carbonates, making it the 2nd largest exporter of Carbonates in the world. At the same year, Carbonates was the 382nd most exported product in China. The main destination of Carbonates exports from China are: South Korea ($129M), Japan ($60.8M), Indonesia ($59.6M), Vietnam ($49M), and Thailand ($40.4M).
The fastest growing export markets for Carbonates of China between 2019 and 2020 were United States ($6.46M), Myanmar ($6.18M), and Chinese Taipei ($4.93M).
Imports In 2020, China imported $353M in Carbonates, becoming the 2nd largest importer of Carbonates in the world. At the same year, Carbonates was the 384th most imported product in China. China imports Carbonates primarily from: Chile ($161M), Argentina ($56.1M), United States ($29.6M), Turkey ($14.3M), and Germany ($12.6M).
The fastest growing import markets in Carbonates for China between 2019 and 2020 were Chile ($46.1M), Turkey ($4.18M), and Thailand ($2.95M).
Tariffs In 2018, the average tariff for China in Carbonates was 4.32%. The countries with the highest import tariffs for Carbonates were Burkina Faso (Most Favoured Nation duty rate treatement, 5.5%), Botswana (Most Favoured Nation duty rate treatement, 5.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.5%), Cameroon (Most Favoured Nation duty rate treatement, 5.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 5.5%).
November 2021
Overview In November 2021 China's Carbonates exports accounted up to $102M and imports accounted up to $72.5M, resulting in a positive trade balance of $29.2M. Between November 2020 and November 2021 the exports of China's Carbonates have increased by $29.5M (40.8%) from $72.3M to $102M, while imports increased by $22.8M (46%) from $49.7M to $72.5M.
Destinations In November 2021, Carbonates were exported mostly to South Korea ($27.8M), Indonesia ($10.7M), Japan ($8.48M), South Africa ($5.67M), and Vietnam ($5.1M), and were imported mostly from Argentina ($30.8M), Chile ($22.1M), Turkey ($2.45M), Thailand ($1.98M), and Germany ($1.71M).
Growth In November 2021, the increase in Carbonates's year-by-year exports was explained primarily by an increase in exports to Philippines ($2.14M or 185%), South Africa ($932k or 36.2%), and United Arab Emirates ($420k or 82.8%). In November 2021, the increase in Carbonates's year-by-year imports was explained primarily by an increase in imports from United States ($6.5M or 1.64k%), Chile ($2.32M or 27.1%), and Turkey ($396k or 290%).
EXPORT GROWTH (November 2020 - November 2021): $29.5M, (40.8%)
IMPORT GROWTH (November 2020 - November 2021): $22.8M, (46%)
MAIN EXPORTER (November 2021): Shandong Province, $25.8M
MAIN DESTINATION (November 2021): South Korea, $27.8M
This section shows Carbonates'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 Carbonates over time.
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EXPORTS (2020): $868M
IMPORTS (2020): $353M
NET TRADE (2020): $515M
In 2020, China exported $868M in Carbonates. The main destinations of China exports on Carbonates were South Korea ($129M), Japan ($60.8M), Indonesia ($59.6M), Vietnam ($49M), and Thailand ($40.4M).
In 2020, China imported $353M in Carbonates, mainly from Chile ($161M), Argentina ($56.1M), United States ($29.6M), Turkey ($14.3M), and Germany ($12.6M).
IN 2020, China HAD A POSITIVE NET TRADE IN Carbonates WITH:
IN 2020, China HAD A NEGATIVE NET TRADE IN Carbonates WITH:
THE FASTEST GROWING Carbonates EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbonates BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Carbonates were:
In 2019, China's main importing competitors in Carbonates were:
In 2018, the average tariff for China in Carbonates was 4.32%.
The countries with the highest tariffs for Carbonates in China were Burkina Faso (Most Favoured Nation duty rate treatement, 5.5%), Botswana (Most Favoured Nation duty rate treatement, 5.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.5%), Cameroon (Most Favoured Nation duty rate treatement, 5.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 5.5%).
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