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2022
Exports $1.17BWorld Rnk 6 / 110
Flag Rnk 402 / 1216
2022
Destination $36.4M India
2021 - 2022
FASTEST GROWING MARKET $36.4MUnited States
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $1.28BWorld Rnk 6 / 188
Flag Rnk 185 / 1212
2022
Origin $26.3M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $26.3MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.17B in Hormones, making it the 6th largest exporter of Hormones in the world. At the same year, Hormones was the 402nd most exported product in China. The main destination of Hormones exports from China are: India ($238M), Italy ($142M), United States ($138M), Germany ($55.7M), and Brazil ($52.6M).

The fastest growing export markets for Hormones of China between 2021 and 2022 were United States ($36.4M), Italy ($22M), and Spain ($13M).

Imports In 2022, China imported $1.28B in Hormones, becoming the 6th largest importer of Hormones in the world. At the same year, Hormones was the 185th most imported product in China. China imports Hormones primarily from: Denmark ($1.17B), United States ($47.9M), Germany ($17.8M), France ($13.5M), and Italy ($9.65M).

The fastest growing import markets in Hormones for China between 2021 and 2022 were United States ($26.3M), France ($4.5M), and Italy ($2.69M).

COMPANIES In 2023, leading companies such as Cloud Network Technology (1) and Cinmar (1) were at the forefront of shipping Hormones from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Hormones exports accounted up to $113M and imports accounted up to $145M, resulting in a negative trade balance of $32.2M. Between November 2023 and November 2024 the exports of China's   Hormones have increased by $20.3M (21.8%) from $93M to $113M, while imports decreased by $-51M (-26%) from $197M to $145M.

Destinations In November 2024, Hormones were exported mostly to India ($17.3M), United States ($15.7M), Russia ($8.4M), United Kingdom ($7.73M), and Netherlands ($7.25M), and were imported mostly from Denmark ($129M), Germany ($10.2M), Puerto Rico ($2.24M), Chinese Taipei ($1.54M), and United States ($838k).

Growth In November 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($4.41M or 386%), Germany ($3.85M or 72.1%), and Italy ($2.85M or 17.4%). In November 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from Denmark ($-65.6M or -34.8%), Germany ($-5.02M or -23.1%), and China ($-236k or -98.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$20.3M(21.8%)
IMPORT GROWTH (November 2023 - November 2024)$-51M(-26%)
MAIN EXPORTER (November 2024)Zhejiang Province$39.3M
MAIN DESTINATION (November 2024)India$17.3M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.17B
IMPORTS (2022)$1.28B
NET TRADE (2022)-$115M

In 2022, China exported $1.17B in Hormones. The main destinations of China exports on Hormones were India ($238M), Italy ($142M), United States ($138M), Germany ($55.7M), and Brazil ($52.6M).

In 2022, China imported $1.28B in Hormones, mainly from Denmark ($1.17B), United States ($47.9M), Germany ($17.8M), France ($13.5M), and Italy ($9.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$36.4M (36%)
Italy$22M (18.3%)
Spain$13M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY China WERE (2021 - 2022):
Iran-$30M (-74.6%)
India-$20.5M (-7.92%)
Denmark-$19.1M (-97.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hormones were:
Ireland $7.02B
Switzerland $2.8B
United States $2.79B
In 2022, China's main importing competitors in Hormones were:
United States $6.4B
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $73.3M
TOP IMPORT POTENTIALUnited States+ $43.6M

Hormones’s highest export potential is United States. With an export gap of $73.3M.   Hormones’s highest import potential is United States with an import gap of $43.6M.

See methodology.

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