Diazo, Azo or Aoxy Compounds in China 2021 Exports | Imports : $283M | $32.1M, World Rnk 1 / 72 Rnk 668 / 1215 | World Rnk 7 / 158 Rnk 864 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $24.6M | $2.8M, South Korea | South Korea
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Diazo, Azo or Aoxy Compounds: 1.05, Rnk 157 / 1029
Exports In 2021, China exported $283M in Diazo, Azo or Aoxy Compounds, making it the 1st largest exporter of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 668th most exported product in China. The main destination of Diazo, Azo or Aoxy Compounds exports from China are: South Korea ($63.3M), India ($27.8M), Italy ($16.3M), Thailand ($14.6M), and Chinese Taipei ($13.6M).
The fastest growing export markets for Diazo, Azo or Aoxy Compounds of China between 2020 and 2021 were South Korea ($24.6M), Italy ($10.2M), and India ($8.83M).
Imports In 2021, China imported $32.1M in Diazo, Azo or Aoxy Compounds, becoming the 7th largest importer of Diazo, Azo or Aoxy Compounds in the world. At the same year, Diazo, Azo or Aoxy Compounds was the 864th most imported product in China. China imports Diazo, Azo or Aoxy Compounds primarily from: Japan ($11.3M), South Korea ($7.35M), India ($7.24M), Hong Kong ($3.26M), and Indonesia ($934k).
The fastest growing import markets in Diazo, Azo or Aoxy Compounds for China between 2020 and 2021 were South Korea ($2.8M), Hong Kong ($1.31M), and Japan ($732k).
Tariffs In 2018, the average tariff for China in Diazo, Azo or Aoxy Compounds was 5.08%. The countries with the highest import tariffs for Diazo, Azo or Aoxy Compounds were Burkina Faso (Most Favoured Nation duty rate treatment, 6.5%), Botswana (Most Favoured Nation duty rate treatment, 6.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.5%), Cameroon (Most Favoured Nation duty rate treatment, 6.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6.5%).
April 2023
Overview In April 2023 China's Diazo, Azo or Aoxy Compounds exports accounted up to $19.6M and imports accounted up to $2.62M, resulting in a positive trade balance of $17M. Between April 2022 and April 2023 the exports of China's Diazo, Azo or Aoxy Compounds have increased by $2.23M (12.9%) from $17.3M to $19.6M, while imports decreased by $-819k (-23.8%) from $3.44M to $2.62M.
Destinations In April 2023, Diazo, Azo or Aoxy Compounds were exported mostly to India ($3.86M), South Korea ($2.43M), Vietnam ($1.81M), Brazil ($1.14M), and Taiwan ($1.12M), and were imported mostly from Japan ($1.33M), South Korea ($840k), India ($374k), Italy ($71.3k), and United States ($4.94k).
Growth In April 2023, the increase in Diazo, Azo or Aoxy Compounds's year-by-year exports was explained primarily by an increase in exports to India ($3.24M or 261%), Thailand ($1.37M or 251%), and Turkey ($1.28M or 274%). In April 2023, the decrease in Diazo, Azo or Aoxy Compounds's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-583k or -42.6%), United States ($-180k or -94.2%), and Indonesia ($-77.6k or -52.3%).
EXPORT GROWTH (April 2022 - April 2023): $2.23M, (12.9%)
IMPORT GROWTH (April 2022 - April 2023): $-819k, (-23.8%)
MAIN EXPORTER (April 2023): Jiangxi Province, $4.54M
MAIN DESTINATION (April 2023): India, $3.86M
This section shows Diazo, Azo or Aoxy Compounds'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 Diazo, Azo or Aoxy Compounds over time.
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EXPORTS (2021): $283M
IMPORTS (2021): $32.1M
NET TRADE (2021): $250M
In 2021, China exported $283M in Diazo, Azo or Aoxy Compounds. The main destinations of China exports on Diazo, Azo or Aoxy Compounds were South Korea ($63.3M), India ($27.8M), Italy ($16.3M), Thailand ($14.6M), and Chinese Taipei ($13.6M).
In 2021, China imported $32.1M in Diazo, Azo or Aoxy Compounds, mainly from Japan ($11.3M), South Korea ($7.35M), India ($7.24M), Hong Kong ($3.26M), and Indonesia ($934k).
THE FASTEST GROWING Diazo, Azo or Aoxy Compounds EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diazo, Azo or Aoxy Compounds BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Diazo, Azo or Aoxy Compounds were:
In 2021, China's main importing competitors in Diazo, Azo or Aoxy Compounds were:
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