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2022
Exports $203MWorld Rnk 3 / 87
Flag Rnk 765 / 1216
2022
Destination $30.4M Germany
2021 - 2022
FASTEST GROWING MARKET $30.4MGermany
2022
PRODUCT COMPLEXITY IN Cermets1.9Rnk 12 / 1025
2022
Imports $110MWorld Rnk 3 / 136
Flag Rnk 633 / 1212
2022
Origin $6.91M Germany
2021 - 2022
FASTEST GROWING ORIGIN $6.91MChina
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $203M in Cermets, making it the 3rd largest exporter of Cermets in the world. At the same year, Cermets was the 765th most exported product in China. The main destination of Cermets exports from China are: Germany ($64.3M), South Korea ($46.5M), China ($20.6M), United States ($8.27M), and Canada ($8.25M).

The fastest growing export markets for Cermets of China between 2021 and 2022 were Germany ($30.4M), South Korea ($13.7M), and China ($6.91M).

Imports In 2022, China imported $110M in Cermets, becoming the 3rd largest importer of Cermets in the world. At the same year, Cermets was the 633rd most imported product in China. China imports Cermets primarily from: Germany ($31.8M), South Korea ($23.2M), China ($20.6M), Japan ($15.8M), and United States ($4.4M).

The fastest growing import markets in Cermets for China between 2021 and 2022 were China ($6.91M), South Korea ($4.73M), and Japan ($3.44M).

Latest Trends

August 2024

About

Overview In August 2024 China's Cermets exports accounted up to $4.89M and imports accounted up to $9.71M, resulting in a negative trade balance of $4.81M. Between August 2023 and August 2024 the exports of China's   Cermets have decreased by $-903k (-15.6%) from $5.8M to $4.89M, while imports increased by $2.84M (41.4%) from $6.87M to $9.71M.

Destinations In August 2024, Cermets were exported mostly to Germany ($1.41M), United States ($943k), Canada ($354k), Italy ($301k), and India ($269k), and were imported mostly from China ($2.18M), Japan ($2.01M), Germany ($1.72M), United States ($803k), and South Korea ($792k).

Growth In August 2024, the decrease in Cermets's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-232k or -67.6%), Australia ($-97.7k or -86.5%), and Italy ($-92.9k or -79.2%). In August 2024, the increase in Cermets's year-by-year imports was explained primarily by an increase in imports from South Korea ($253k or 55.2%), Italy ($28.5k or 53.7%), and United Kingdom ($24.6k or 604%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-903k(-15.6%)
IMPORT GROWTH (August 2023 - August 2024)$2.84M(41.4%)
MAIN EXPORTER (August 2024)Sichuan Province$2.54M
MAIN DESTINATION (August 2024)Germany$1.41M

This section shows Cermets'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 Cermets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$203M
IMPORTS (2022)$110M
NET TRADE (2022)$92.9M

In 2022, China exported $203M in Cermets. The main destinations of China exports on Cermets were Germany ($64.3M), South Korea ($46.5M), China ($20.6M), United States ($8.27M), and Canada ($8.25M).

In 2022, China imported $110M in Cermets, mainly from Germany ($31.8M), South Korea ($23.2M), China ($20.6M), Japan ($15.8M), and United States ($4.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermets EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$30.4M (89.8%)
South Korea$13.7M (41.9%)
China$6.91M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermets BY China WERE (2021 - 2022):
Thailand-$1.59M (-45.5%)
Finland-$826k (-10.6%)
Israel-$618k (-89.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cermets were:
Germany $385M
Austria $207M
In 2022, China's main importing competitors in Cermets were:
Germany $340M
United States $115M

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Trade Value of Cermets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.21M
TOP IMPORT POTENTIALUnited States+ $1.8M

Cermets’s highest export potential is United States. With an export gap of $4.21M.   Cermets’s highest import potential is United States with an import gap of $1.8M.

See methodology.

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