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2022
Exports $6.8BWorld Rnk 1 / 162
Flag Rnk 50 / 96
2022
Destination $281M United States
2021 - 2022
FASTEST GROWING MARKET $281MUnited States
2022
PRODUCT COMPLEXITY IN Cermet articles1.9Rnk 12 / 1025
2022
Imports $7.35BWorld Rnk 1 / 203
Flag Rnk 32 / 96
2022
Origin $1.34B Democratic Republic of the Congo
2021 - 2022
FASTEST GROWING ORIGIN $1.34BDemocratic Republic of the Congo
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $6.8B in Cermet articles, making it the 1st largest exporter of Cermet articles in the world. At the same year, Cermet articles was the 50th most exported product in China. The main destination of Cermet articles exports from China are: United States ($711M), South Korea ($680M), Japan ($629M), Canada ($513M), and Netherlands ($463M).

The fastest growing export markets for Cermet articles of China between 2021 and 2022 were United States ($281M), Canada ($248M), and India ($156M).

Imports In 2022, China imported $7.35B in Cermet articles, becoming the 1st largest importer of Cermet articles in the world. At the same year, Cermet articles was the 32nd most imported product in China. China imports Cermet articles primarily from: Democratic Republic of the Congo ($5.74B), United States ($294M), Japan ($193M), Indonesia ($128M), and Russia ($93.2M).

The fastest growing import markets in Cermet articles for China between 2021 and 2022 were Democratic Republic of the Congo ($1.34B), Indonesia ($91.8M), and United States ($50M).

COMPANIES In 2023, leading companies such as TE Connectivity (38), At Home Procurement (20), and Tmall (14) were at the forefront of shipping Cermet articles from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Cermet articles exports accounted up to $414M and imports accounted up to $411M, resulting in a positive trade balance of $3.16M. Between September 2023 and September 2024 the exports of China's   Cermet articles have increased by $11.1M (2.76%) from $403M to $414M, while imports increased by $76.2M (22.8%) from $334M to $411M.

Destinations In September 2024, Cermet articles were exported mostly to Netherlands ($57.5M), United States ($47.8M), Japan ($41.6M), South Korea ($35.9M), and Russia ($29M), and were imported mostly from Democratic Republic of the Congo ($282M), United States ($32.8M), Japan ($13.5M), Russia ($13.3M), and Germany ($10.9M).

Growth In September 2024, the increase in Cermet articles's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($10.9M or 307%), United States ($10.8M or 22%), and United Kingdom ($7.59M or 137%). In September 2024, the increase in Cermet articles's year-by-year imports was explained primarily by an increase in imports from China ($39.7M or 949%), Russia ($6.97M or 52.6%), and United Kingdom ($1.4M or 47.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$11.1M(2.76%)
IMPORT GROWTH (September 2023 - September 2024)$76.2M(22.8%)
MAIN EXPORTER (September 2024)Guangdong Province$144M
MAIN DESTINATION (September 2024)Netherlands$57.5M

This section shows Cermet articles'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 Cermet articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.8B
IMPORTS (2022)$7.35B
NET TRADE (2022)-$544M

In 2022, China exported $6.8B in Cermet articles. The main destinations of China exports on Cermet articles were United States ($711M), South Korea ($680M), Japan ($629M), Canada ($513M), and Netherlands ($463M).

In 2022, China imported $7.35B in Cermet articles, mainly from Democratic Republic of the Congo ($5.74B), United States ($294M), Japan ($193M), Indonesia ($128M), and Russia ($93.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermet articles EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$281M (65.3%)
Canada$248M (93.6%)
India$156M (60.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermet articles BY China WERE (2021 - 2022):
Austria-$48.8M (-82.7%)
Saudi Arabia-$17.5M (-42.1%)
Ukraine-$16M (-62.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cermet articles were:
Democratic Republic of the Congo $5.99B
United States $3B
In 2022, China's main importing competitors in Cermet articles were:
United States $3.94B
Germany $2.4B

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Trade Value of Cermet articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $148M
TOP IMPORT POTENTIALRussia+ $59M

Cermet articles’s highest export potential is India. With an export gap of $148M.   Cermet articles’s highest import potential is Russia with an import gap of $59M.

See methodology.

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