Graphite in China 2020 Exports | Imports : $290M | $18.3M, World Rnk 1 / 96 Rnk 618 / 1215 | World Rnk 7 / 153 Rnk 932 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $8.22M | $844k, South Korea | Japan
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Graphite: -1.1, Rnk 867 / 1029
Exports In 2020, China exported $290M in Graphite, making it the 1st largest exporter of Graphite in the world. At the same year, Graphite was the 618th most exported product in China. The main destination of Graphite exports from China are: South Korea ($101M), Japan ($91M), India ($14.6M), United States ($14.2M), and Germany ($10M).
The fastest growing export markets for Graphite of China between 2019 and 2020 were South Korea ($8.22M), Belgium ($2.35M), and United Kingdom ($2.29M).
Imports In 2020, China imported $18.3M in Graphite, becoming the 7th largest importer of Graphite in the world. At the same year, Graphite was the 932nd most imported product in China. China imports Graphite primarily from: Madagascar ($6.94M), Japan ($3.29M), Germany ($1.1M), Mozambique ($1.09M), and United States ($987k).
The fastest growing import markets in Graphite for China between 2019 and 2020 were Japan ($844k), Namibia ($612k), and South Korea ($315k).
Tariffs In 2018, the average tariff for China in Graphite was 2.33%. The countries with the highest import tariffs for Graphite were Burkina Faso (Most Favoured Nation duty rate treatement, 3%), Botswana (Most Favoured Nation duty rate treatement, 3%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 3%), Cameroon (Most Favoured Nation duty rate treatement, 3%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 3%).
December 2022
Overview In December 2022 China's Graphite exports accounted up to $35.1M and imports accounted up to $6.93M, resulting in a positive trade balance of $28.1M. Between December 2021 and December 2022 the exports of China's Graphite have increased by $2.44M (7.47%) from $32.6M to $35.1M, while imports increased by $2.32M (50.3%) from $4.61M to $6.93M.
Destinations In December 2022, Graphite were exported mostly to South Korea ($13.8M), United States ($9.22M), Japan ($7.87M), India ($1.31M), and Germany ($454k), and were imported mostly from Madagascar ($4.39M), Mozambique ($1.6M), Tanzania ($208k), South Korea ($205k), and Germany ($192k).
Growth In December 2022, the increase in Graphite's year-by-year exports was explained primarily by an increase in exports to United States ($5.35M or 1.16k%), South Korea ($2.73M or 35.4%), and Netherlands ($1.08M or 185%). In December 2022, the increase in Graphite's year-by-year imports was explained primarily by an increase in imports from Mozambique ($3.06M or 1.64k%), Japan ($594k or 361%), and Madagascar ($200k or 12.4%).
EXPORT GROWTH (December 2021 - December 2022): $2.44M, (7.47%)
IMPORT GROWTH (December 2021 - December 2022): $2.32M, (50.3%)
MAIN EXPORTER (December 2022): Shandong Province, $15.6M
MAIN DESTINATION (December 2022): South Korea, $13.8M
This section shows Graphite'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 Graphite over time.
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EXPORTS (2020): $290M
IMPORTS (2020): $18.3M
NET TRADE (2020): $271M
In 2020, China exported $290M in Graphite. The main destinations of China exports on Graphite were South Korea ($101M), Japan ($91M), India ($14.6M), United States ($14.2M), and Germany ($10M).
In 2020, China imported $18.3M in Graphite, mainly from Madagascar ($6.94M), Japan ($3.29M), Germany ($1.1M), Mozambique ($1.09M), and United States ($987k).
THE FASTEST GROWING Graphite EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Graphite BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Graphite were:
In 2020, China's main importing competitors in Graphite were:
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