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2022
Exports $42.1BWorld Rnk 1 / 222
Flag Rnk 16 / 96
2022
Destination $1.89B Brazil
2021 - 2022
FASTEST GROWING MARKET $1.89BBrazil
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.1.97Rnk 6 / 1025
2022
Imports $14.7BWorld Rnk 4 / 226
Flag Rnk 24 / 96
2022
Origin $254M Japan
2021 - 2022
FASTEST GROWING ORIGIN $254MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $42.1B in Chemical products n.e.s., making it the 1st largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 16th most exported product in China. The main destination of Chemical products n.e.s. exports from China are: Brazil ($3.15B), Netherlands ($2.78B), Vietnam ($2.5B), South Korea ($2.46B), and Malaysia ($2.38B).

The fastest growing export markets for Chemical products n.e.s. of China between 2021 and 2022 were Brazil ($1.89B), Netherlands ($1.44B), and United Kingdom ($1.31B).

Imports In 2022, China imported $14.7B in Chemical products n.e.s., becoming the 4th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 24th most imported product in China. China imports Chemical products n.e.s. primarily from: Japan ($3.05B), United States ($2.37B), South Korea ($1.7B), Chinese Taipei ($1.56B), and Germany ($1.11B).

The fastest growing import markets in Chemical products n.e.s. for China between 2021 and 2022 were Indonesia ($254M), Chinese Taipei ($227M), and Vietnam ($60.1M).

COMPANIES In 2023, leading companies such as Wistron (444), General Motors (251), and CrimsonLogic (127) were at the forefront of shipping Chemical products n.e.s. from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Chemical products n.e.s. exports accounted up to $2.46B and imports accounted up to $2.09B, resulting in a positive trade balance of $368M. Between July 2023 and July 2024 the exports of China's   Chemical products n.e.s. have decreased by $-328M (-11.8%) from $2.78B to $2.46B, while imports increased by $90.5M (4.53%) from $2B to $2.09B.

Destinations In July 2024, Chemical products n.e.s. were exported mostly to Brazil ($284M), United States ($173M), Thailand ($118M), Russia ($114M), and South Korea ($114M), and were imported mostly from United States ($360M), Germany ($322M), Japan ($318M), Indonesia ($219M), and South Korea ($161M).

Growth In July 2024, the decrease in Chemical products n.e.s.'s year-by-year exports was explained primarily by a decrease in exports to Germany ($-459M or -88.8%), United Kingdom ($-440M or -96.3%), and United States ($-353M or -60.6%). In July 2024, the increase in Chemical products n.e.s.'s year-by-year imports was explained primarily by an increase in imports from Indonesia ($42.7M or 17%), Philippines ($10.4M or 175%), and Russia ($6.06M or 176%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-328M(-11.8%)
IMPORT GROWTH (July 2023 - July 2024)$90.5M(4.53%)
MAIN EXPORTER (July 2024)Jiangsu Province$494M
MAIN DESTINATION (July 2024)Brazil$284M

This section shows Chemical products n.e.s.'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 products n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.1B
IMPORTS (2022)$14.7B
NET TRADE (2022)$27.4B

In 2022, China exported $42.1B in Chemical products n.e.s.. The main destinations of China exports on Chemical products n.e.s. were Brazil ($3.15B), Netherlands ($2.78B), Vietnam ($2.5B), South Korea ($2.46B), and Malaysia ($2.38B).

In 2022, China imported $14.7B in Chemical products n.e.s., mainly from Japan ($3.05B), United States ($2.37B), South Korea ($1.7B), Chinese Taipei ($1.56B), and Germany ($1.11B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR China WERE (2021 - 2022):
Brazil$1.89B (150%)
Netherlands$1.44B (108%)
United Kingdom$1.31B (321%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY China WERE (2021 - 2022):
Germany-$601M (-45.2%)
United States-$347M (-14.4%)
Hong Kong-$229M (-36.7%)
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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 products n.e.s. were:
United States $30.3B
Germany $26.5B
In 2022, China's main importing competitors in Chemical products n.e.s. were:
United States $17.8B
Germany $17.8B
Netherlands $16.9B

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.03B
TOP IMPORT POTENTIALGermany+ $518M

Chemical products n.e.s.’s highest export potential is India. With an export gap of $1.03B.   Chemical products n.e.s.’s highest import potential is Germany with an import gap of $518M.

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