HS Icon Essential Oils in  Flag China

2021
Exports | Imports
: $418M | $407M, World Rnk 4 / 198
Flag Rnk 601 / 1215 | World Rnk 3 / 216
Flag Rnk 395 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.73M | $29.7M, Hong Kong |  India

2021
ECONOMIC COMPLEXITY of China
: 1.07, Rnk 25 / 131

2021
PRODUCT COMPLEXITY IN Essential Oils
: -1.08, Rnk 850 / 1024

Exports In 2021, China exported $418M in Essential Oils, making it the 4th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 601st most exported product in China. The main destination of Essential Oils exports from China are: United States ($91.4M), Indonesia ($56.6M), United Kingdom ($32.7M), France ($29M), and Germany ($24.6M).

The fastest growing export markets for Essential Oils of China between 2020 and 2021 were Hong Kong ($6.73M), France ($6.15M), and Malaysia ($5.43M).

Imports In 2021, China imported $407M in Essential Oils, becoming the 3rd largest importer of Essential Oils in the world. At the same year, Essential Oils was the 395th most imported product in China. China imports Essential Oils primarily from: India ($127M), United States ($125M), Brazil ($18.8M), Indonesia ($17.1M), and France ($14.6M).

The fastest growing import markets in Essential Oils for China between 2020 and 2021 were India ($29.7M), Vietnam ($8.02M), and Germany ($4.47M).

June 2023

Subnational Monthly Trade

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Time Scale
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EXPORT GROWTH (June 2022 - June 2023): $-17.8M, (-49.1%)

IMPORT GROWTH (June 2022 - June 2023): $4.59M, (19.5%)

MAIN EXPORTER (June 2023): Beijing, $5.36M

MAIN DESTINATION (June 2023): Hong Kong, $3.46M

This section shows Essential Oils'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 Essential Oils over time.

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Historical Data

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EXPORTS (2021): $418M

IMPORTS (2021): $407M

NET TRADE (2021): $11.7M

In 2021, China exported $418M in Essential Oils. The main destinations of China exports on Essential Oils were United States ($91.4M), Indonesia ($56.6M), United Kingdom ($32.7M), France ($29M), and Germany ($24.6M).

In 2021, China imported $407M in Essential Oils, mainly from India ($127M), United States ($125M), Brazil ($18.8M), Indonesia ($17.1M), and France ($14.6M).

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Flow

THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Essential Oils were:

In 2021, China's main importing competitors in Essential Oils were:

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