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2023
Exports $130MWorld Rnk 3 / 91
Flag Rnk 826 / 1215
2023
Destination $11.4M Germany
2022 - 2023
FASTEST GROWING MARKET $11.4MUnited States
2023
PRODUCT COMPLEXITY IN Cermets1.83Rnk 12 / 1025
2023
Imports $71.1MWorld Rnk 3 / 134
Flag Rnk 700 / 1214
2023
Origin $1.57M Germany
2022 - 2023
FASTEST GROWING ORIGIN $1.57MChinese Taipei
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $130M in Cermets, making it the 3rd largest exporter of Cermets in the world. At the same year, Cermets was the 826th most exported product in China. The main destination of Cermets exports from China are: Germany ($46.4M), United States ($15.1M), Turkey ($15M), Finland ($8.26M), and Brazil ($6.16M).

The fastest growing export markets for Cermets of China between 2022 and 2023 were United States ($11.4M), Turkey ($3.47M), and India ($612k).

Imports In 2023, China imported $71.1M in Cermets, becoming the 3rd largest importer of Cermets in the world. At the same year, Cermets was the 700th most imported product in China. China imports Cermets primarily from: Germany ($25.8M), Japan ($16.8M), United States ($6.79M), Chinese Taipei ($5.77M), and South Korea ($4.61M).

The fastest growing import markets in Cermets for China between 2022 and 2023 were Chinese Taipei ($1.57M), Vietnam ($953k), and France ($454k).

Latest Trends

December 2024

About

Overview In December 2024 China's Cermets exports accounted up to $6.65M and imports accounted up to $10.7M, resulting in a negative trade balance of $4.09M. Between December 2023 and December 2024 the exports of China's   Cermets have increased by $889k (15.4%) from $5.77M to $6.65M, while imports increased by $2.8M (35.3%) from $7.94M to $10.7M.

Destinations In December 2024, Cermets were exported mostly to United States ($2.23M), Germany ($1.52M), Canada ($529k), Singapore ($405k), and South Korea ($378k), and were imported mostly from Japan ($3.39M), China ($2.04M), Germany ($1.16M), United States ($1.15M), and South Korea ($643k).

Growth In December 2024, the increase in Cermets's year-by-year exports was explained primarily by an increase in exports to United States ($383k or 47.4%), Chinese Taipei ($264k or 21k%), and Italy ($178k or 731%). In December 2024, the increase in Cermets's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($386k or 182%), Ireland ($284k or 1.03k%), and Japan ($167k or 13.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$889k(15.4%)
IMPORT GROWTH (December 2023 - December 2024)$2.8M(35.3%)
MAIN EXPORTER (December 2024)Sichuan Province$2.72M
MAIN DESTINATION (December 2024)United States$2.23M

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 (2023)$130M
IMPORTS (2023)$71.1M
NET TRADE (2023)$58.5M

In 2023, China exported $130M in Cermets. The main destinations of China exports on Cermets were Germany ($46.4M), United States ($15.1M), Turkey ($15M), Finland ($8.26M), and Brazil ($6.16M).

In 2023, China imported $71.1M in Cermets, mainly from Germany ($25.8M), Japan ($16.8M), United States ($6.79M), Chinese Taipei ($5.77M), and South Korea ($4.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cermets EXPORT MARKETS FOR China WERE (2022 - 2023):
United States$11.4M (306%)
Turkey$3.47M (30%)
India$612k (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cermets BY China WERE (2022 - 2023):
South Korea-$84.1M (-96.7%)
Germany-$15.9M (-25.5%)
Saudi Arabia-$5.21M (-90.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Cermets were:
Germany $287M
Austria $226M
In 2023, China's main importing competitors in Cermets were:
Germany $307M
United States $104M

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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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