Enzymes in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $611M in Enzymes, making it the 4th largest exporter of Enzymes in the world. At the same year, Enzymes was the 544th most exported product in China. The main destination of Enzymes exports from China are: United States ($80M), India ($64.4M), Denmark ($50.7M), Germany ($42.7M), and Russia ($31.3M).

The fastest growing export markets for Enzymes of China between 2021 and 2022 were India ($17.7M), United States ($13M), and Russia ($12.4M).

Imports In 2022, China imported $363M in Enzymes, becoming the 4th largest importer of Enzymes in the world. At the same year, Enzymes was the 416th most imported product in China. China imports Enzymes primarily from: United States ($93.1M), Denmark ($63.5M), Japan ($45.1M), Austria ($44M), and Germany ($25.1M).

The fastest growing import markets in Enzymes for China between 2021 and 2022 were United States ($20.2M), Switzerland ($4.09M), and United Kingdom ($2.21M).

COMPANIES In 2023, leading companies such as Fuyao Glass (1), Cloud Network Technology (1), and At Home Procurement (1) were at the forefront of shipping Enzymes from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Enzymes exports accounted up to $54M and imports accounted up to $28.2M, resulting in a positive trade balance of $25.8M. Between October 2023 and October 2024 the exports of China's Enzymes have increased by $13M (31.6%) from $41.1M to $54M, while imports increased by $886k (3.25%) from $27.3M to $28.2M.

Destinations In October 2024, Enzymes were exported mostly to Denmark ($6.41M), United States ($4.55M), India ($4.35M), Brazil ($4.07M), and Russia ($3.3M), and were imported mostly from United States ($6.45M), Denmark ($5.57M), Japan ($5.39M), Germany ($1.77M), and Finland ($1.63M).

Growth In October 2024, the increase in Enzymes's year-by-year exports was explained primarily by an increase in exports to Japan ($1.24M or 94.3%), Denmark ($675k or 24.6%), and Brazil ($578k or 30.8%). In October 2024, the increase in Enzymes's year-by-year imports was explained primarily by an increase in imports from Finland ($371k or 101%), China ($273k or 119%), and Singapore ($257k or 131%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2023 - October 2024)$13M(31.6%)

IMPORT GROWTH (October 2023 - October 2024)$886k(3.25%)

MAIN EXPORTER (October 2024)Jiangsu Province$18M

MAIN DESTINATION (October 2024)Denmark$6.41M

This section shows Enzymes'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 Enzymes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$611M

IMPORTS (2022)$363M

NET TRADE (2022)$248M

In 2022, China exported $611M in Enzymes. The main destinations of China exports on Enzymes were United States ($80M), India ($64.4M), Denmark ($50.7M), Germany ($42.7M), and Russia ($31.3M).

In 2022, China imported $363M in Enzymes, mainly from United States ($93.1M), Denmark ($63.5M), Japan ($45.1M), Austria ($44M), and Germany ($25.1M).

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