Cyclic Hydrocarbons in China

EXPORTS (2019): $563M, World Rnk 18 / 115
Flag Rnk 494 / 1216

TOP DESTINATION (2019): $102M, Germany

FASTEST GROWING MARKET (2018 - 2019): $24M, Chinese Taipei

IMPORTS (2019): $19.2B, World Rnk 1 / 189
Flag Rnk 13 / 1212

TOP ORIGIN (2019): $6.36B, South Korea

FASTEST GROWING ORIGIN (2018 - 2019): $448M, Saudi Arabia

ECONOMIC COMPLEXITY of China (2019): 1.06, Rnk 29 / 157

PRODUCT COMPLEXITY  IN Cyclic Hydrocarbons (2019): 0.76, Rnk 258 / 1029

Exports: In 2019, China exported $563M in Cyclic Hydrocarbons, making it the 18th largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 494th most exported product in China. The main destination of Cyclic Hydrocarbons exports from China are: Germany ($102M), India ($85.9M), South Korea ($72.7M), Japan ($70M), and Chinese Taipei ($64.5M).

The fastest growing export markets for Cyclic Hydrocarbons of China between 2018 and 2019 were Chinese Taipei ($24M), Germany ($17.7M), and Hong Kong ($15.3M).

Imports: In 2019, China imported $19.2B in Cyclic Hydrocarbons, becoming the 1st largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 13th most imported product in China. China imports Cyclic Hydrocarbons primarily from: South Korea ($6.36B), Japan ($2.97B), Saudi Arabia ($1.81B), India ($1.7B), and Chinese Taipei ($1.33B).

The fastest growing import markets in Cyclic Hydrocarbons for China between 2018 and 2019 were Saudi Arabia ($448M), Indonesia ($214M), and Oman ($139M).

Tariffs: In 2018, the average tariff for China in Cyclic Hydrocarbons was 1.93%. The countries with the highest import tariffs for Cyclic Hydrocarbons were Angola (2%), Burundi (2%), Benin (2%), Burkina Faso (2%), and Botswana (2%).

Overview: In December 2020 China's Cyclic Hydrocarbons exports accounted up to $49M and imports accounted up to $938M, resulting in a negative trade balance of $889M. Between December 2019 and December 2020 the exports of China's   Cyclic Hydrocarbons have increased by $31.9M (186%) from $17.2M to $49M, while imports decreased by $-507M (-35.1%) from $1.44B to $938M.

Destinations: In December 2020 Cyclic Hydrocarbons exported mostly to India ($4.36M), South Korea ($3.94M), Germany ($2.16M), Vietnam ($1.28M), and El Salvador ($1.26M), and imported mostly from South Korea ($291M), Saudi Arabia ($106M), Japan ($101M), Taiwan ($86.8M), and Brunei ($69.7M).

Growth: In December 2020, the increase in Cyclic Hydrocarbons's year-by-year exports was explained primarily by an increase in exports to South Korea ($11M or 623%), Vietnam ($9.21M or 4.03k%), and Germany ($5.16M or 239%). In December 2020, the decrease in Cyclic Hydrocarbons's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-161M or -35.6%), Japan ($-103M or -50.6%), and Saudi Arabia ($-85.3M or -44.5%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (December 2019 - December 2020): $31.9M, (186%)

IMPORT GROWTH (December 2019 - December 2020): $-507M, (-35.1%)

MAIN EXPORTER (December 2020): Jiangsu Province, $3.88M

MAIN DESTINATION (December 2020): India, $4.36M

This section shows Cyclic Hydrocarbons'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 Cyclic Hydrocarbons over time.

Value

EXPORTS (2019): $563M

IMPORTS (2019): $19.2B

NET TRADE (2019): -$18.7B

In 2019, China exported $563M in Cyclic Hydrocarbons. The main destinations of China exports on Cyclic Hydrocarbons were Germany ($102M), India ($85.9M), South Korea ($72.7M), Japan ($70M), and Chinese Taipei ($64.5M).

In 2019, China imported $19.2B in Cyclic Hydrocarbons, mainly from South Korea ($6.36B), Japan ($2.97B), Saudi Arabia ($1.81B), India ($1.7B), and Chinese Taipei ($1.33B).

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IN 2019, China HAD A POSITIVE NET TRADE IN Cyclic Hydrocarbons WITH:

IN 2019, China HAD A NEGATIVE NET TRADE IN Cyclic Hydrocarbons WITH:

Flow

THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR China WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY China WERE (2018 - 2019):

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Market Concentration

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Type

In 2018, China's main exporting competitors in Cyclic Hydrocarbons were:

In 2018, China's main importing competitors in Cyclic Hydrocarbons were:

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Tariffs by Country

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In 2018, the average tariff for China in Cyclic Hydrocarbons was 1.93%.

The countries with the highest tariffs for Cyclic Hydrocarbons in China were Angola (2%), Burundi (2%), Benin (2%), Burkina Faso (2%), and Botswana (2%).

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