Cellulose in China 2021 Exports | Imports : $870M | $534M, World Rnk 3 / 135 Rnk 433 / 1215 | World Rnk 1 / 201 Rnk 338 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $24.9M | $75.1M, Russia | United States
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Cellulose: 0.7, Rnk 275 / 1029
Exports In 2021, China exported $870M in Cellulose, making it the 3rd largest exporter of Cellulose in the world. At the same year, Cellulose was the 433rd most exported product in China. The main destination of Cellulose exports from China are: India ($88.8M), Russia ($72.9M), Thailand ($38.7M), Vietnam ($34M), and United States ($32.8M).
The fastest growing export markets for Cellulose of China between 2020 and 2021 were Russia ($24.9M), Hong Kong ($17.1M), and India ($15.8M).
Imports In 2021, China imported $534M in Cellulose, becoming the 1st largest importer of Cellulose in the world. At the same year, Cellulose was the 338th most imported product in China. China imports Cellulose primarily from: United States ($293M), Japan ($75.9M), Germany ($54.1M), South Korea ($36.7M), and Hong Kong ($21.4M).
The fastest growing import markets in Cellulose for China between 2020 and 2021 were United States ($75.1M), Japan ($18.2M), and Germany ($7.15M).
Tariffs In 2018, the average tariff for China in Cellulose was 5.11%. The countries with the highest import tariffs for Cellulose were Burkina Faso (Most Favoured Nation duty rate treatment, 6.5%), Botswana (Most Favoured Nation duty rate treatment, 6.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.5%), Cameroon (Most Favoured Nation duty rate treatment, 6.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6.5%).
February 2023
Overview In February 2023 China's Cellulose exports accounted up to $88.4M and imports accounted up to $51.1M, resulting in a positive trade balance of $37.4M. Between February 2022 and February 2023 the exports of China's Cellulose have increased by $12.1M (15.9%) from $76.3M to $88.4M, while imports increased by $16.4M (47.2%) from $34.7M to $51.1M.
Destinations In February 2023, Cellulose were exported mostly to India ($13.7M), Russia ($11.1M), Brazil ($4.51M), Vietnam ($4.49M), and Saudi Arabia ($3.49M), and were imported mostly from United States ($27.6M), Japan ($8.86M), Germany ($6.76M), South Korea ($3.76M), and Netherlands ($854k).
Growth In February 2023, the increase in Cellulose's year-by-year exports was explained primarily by an increase in exports to Russia ($10.5M or 424%), India ($7.82M or 110%), and Saudi Arabia ($2.69M or 300%). In February 2023, the increase in Cellulose's year-by-year imports was explained primarily by an increase in imports from Thailand ($1.29M or 110%), Japan ($898k or 17.6%), and Taiwan ($541k or 148%).
EXPORT GROWTH (February 2022 - February 2023): $12.1M, (15.9%)
IMPORT GROWTH (February 2022 - February 2023): $16.4M, (47.2%)
MAIN EXPORTER (February 2023): Shandong Province, $22.9M
MAIN DESTINATION (February 2023): India, $13.7M
This section shows Cellulose'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 Cellulose over time.
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EXPORTS (2021): $870M
IMPORTS (2021): $534M
NET TRADE (2021): $336M
In 2021, China exported $870M in Cellulose. The main destinations of China exports on Cellulose were India ($88.8M), Russia ($72.9M), Thailand ($38.7M), Vietnam ($34M), and United States ($32.8M).
In 2021, China imported $534M in Cellulose, mainly from United States ($293M), Japan ($75.9M), Germany ($54.1M), South Korea ($36.7M), and Hong Kong ($21.4M).
In 2021, China's main exporting competitors in Cellulose were:
In 2021, China's main importing competitors in Cellulose were:
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