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2022
Exports $4.49BWorld Rnk 5 / 214
Flag Rnk 157 / 1216
2022
Destination $94M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $94MChina
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments1.69Rnk 26 / 1025
2022
Imports $8.3BWorld Rnk 1 / 225
Flag Rnk 43 / 1212
2022
Origin $96M United States
2021 - 2022
FASTEST GROWING ORIGIN $96MSingapore
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.49B in Chemical Analysis Instruments, making it the 5th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 157th most exported product in China. The main destination of Chemical Analysis Instruments exports from China are: Hong Kong ($593M), United States ($540M), China ($430M), Germany ($327M), and Japan ($252M).

The fastest growing export markets for Chemical Analysis Instruments of China between 2021 and 2022 were China ($94M), Russia ($68.5M), and Hong Kong ($62M).

Imports In 2022, China imported $8.3B in Chemical Analysis Instruments, becoming the 1st largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 43rd most imported product in China. China imports Chemical Analysis Instruments primarily from: United States ($1.75B), Singapore ($1.5B), Germany ($1.31B), Japan ($1.18B), and China ($430M).

The fastest growing import markets in Chemical Analysis Instruments for China between 2021 and 2022 were Singapore ($96M), China ($94M), and Israel ($60.9M).

COMPANIES In 2023, leading companies such as CrimsonLogic (14), Cinmar (3), and Jo-Ann Stores (2) were at the forefront of shipping Chemical Analysis Instruments from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Chemical Analysis Instruments exports accounted up to $283M and imports accounted up to $680M, resulting in a negative trade balance of $397M. Between October 2023 and October 2024 the exports of China's   Chemical Analysis Instruments have increased by $1.21M (0.43%) from $282M to $283M, while imports decreased by $-95.7M (-12.3%) from $776M to $680M.

Destinations In October 2024, Chemical Analysis Instruments were exported mostly to United States ($43.9M), Russia ($23.7M), Hong Kong ($20.6M), Germany ($16.1M), and India ($14.2M), and were imported mostly from United States ($165M), Germany ($135M), Japan ($106M), Singapore ($52.1M), and Switzerland ($42.1M).

Growth In October 2024, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to Russia ($10.1M or 219%), United States ($5.81M or 15.5%), and Brazil ($3.76M or 170%). In October 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from Japan ($-61.4M or -45.4%), Singapore ($-41.1M or -32.6%), and China ($-15.5M or -52.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.21M(0.43%)
IMPORT GROWTH (October 2023 - October 2024)$-95.7M(-12.3%)
MAIN EXPORTER (October 2024)Guangdong Province$101M
MAIN DESTINATION (October 2024)United States$43.9M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.49B
IMPORTS (2022)$8.3B
NET TRADE (2022)-$3.81B

In 2022, China exported $4.49B in Chemical Analysis Instruments. The main destinations of China exports on Chemical Analysis Instruments were Hong Kong ($593M), United States ($540M), China ($430M), Germany ($327M), and Japan ($252M).

In 2022, China imported $8.3B in Chemical Analysis Instruments, mainly from United States ($1.75B), Singapore ($1.5B), Germany ($1.31B), Japan ($1.18B), and China ($430M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR China WERE (2021 - 2022):
China$94M (28%)
Russia$68.5M (110%)
Hong Kong$62M (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY China WERE (2021 - 2022):
Austria-$24.3M (-62.1%)
Latvia-$19.5M (-70.2%)
Australia-$16.6M (-34%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Chemical Analysis Instruments were:
United States $10.9B
Germany $8.97B
Japan $5.27B
In 2022, China's main importing competitors in Chemical Analysis Instruments were:
United States $7.97B
Germany $4.94B

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $193M
TOP IMPORT POTENTIALJapan+ $191M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $193M.   Chemical Analysis Instruments’s highest import potential is Japan with an import gap of $191M.

See methodology.

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