Enzymes in China 2020 Exports | Imports : $433M | $272M, World Rnk 5 / 130 Rnk 535 / 1215 | World Rnk 4 / 199 Rnk 433 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14M | $11M, United States | Israel
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Enzymes: 1.03, Rnk 163 / 1029
Exports In 2020, China exported $433M in Enzymes, making it the 5th largest exporter of Enzymes in the world. At the same year, Enzymes was the 535th most exported product in China. The main destination of Enzymes exports from China are: United States ($76.7M), India ($37.5M), Denmark ($29.6M), South Korea ($27.6M), and Germany ($22.9M).
The fastest growing export markets for Enzymes of China between 2019 and 2020 were United States ($14M), Lithuania ($11.5M), and South Korea ($10.4M).
Imports In 2020, China imported $272M in Enzymes, becoming the 4th largest importer of Enzymes in the world. At the same year, Enzymes was the 433rd most imported product in China. China imports Enzymes primarily from: United States ($62.2M), Denmark ($54.2M), Japan ($35M), Germany ($25.6M), and France ($12.8M).
The fastest growing import markets in Enzymes for China between 2019 and 2020 were Israel ($11M), Germany ($7.39M), and United States ($7.39M).
December 2022
Overview In December 2022 China's Enzymes exports accounted up to $45.5M and imports accounted up to $38M, resulting in a positive trade balance of $7.57M. Between December 2021 and December 2022 the exports of China's Enzymes have increased by $922k (2.07%) from $44.6M to $45.5M, while imports increased by $1.81M (5.01%) from $36.2M to $38M.
Destinations In December 2022, Enzymes were exported mostly to United States ($6.36M), India ($4.8M), Denmark ($4.52M), Russia ($3.53M), and Germany ($2.87M), and were imported mostly from United States ($13M), Denmark ($6.33M), Japan ($5.31M), Austria ($2.49M), and Switzerland ($1.98M).
Growth In December 2022, the increase in Enzymes's year-by-year exports was explained primarily by an increase in exports to United States ($3.61M or 54.1%), Belgium ($2.56M or 203%), and Russia ($1.94M or 201%). In December 2022, the increase in Enzymes's year-by-year imports was explained primarily by an increase in imports from Switzerland ($2.75M or 2.44k%), Austria ($2.32M or 2.18k%), and United States ($2.21M or 24.2%).
EXPORT GROWTH (December 2021 - December 2022): $922k, (2.07%)
IMPORT GROWTH (December 2021 - December 2022): $1.81M, (5.01%)
MAIN EXPORTER (December 2022): Jiangsu Province, $10.7M
MAIN DESTINATION (December 2022): United States, $6.36M
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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EXPORTS (2020): $433M
IMPORTS (2020): $272M
NET TRADE (2020): $161M
In 2020, China exported $433M in Enzymes. The main destinations of China exports on Enzymes were United States ($76.7M), India ($37.5M), Denmark ($29.6M), South Korea ($27.6M), and Germany ($22.9M).
In 2020, China imported $272M in Enzymes, mainly from United States ($62.2M), Denmark ($54.2M), Japan ($35M), Germany ($25.6M), and France ($12.8M).
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Enzymes were:
In 2020, China's main importing competitors in Enzymes were:
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