Hydraulic Brake Fluid in China 2021 Exports | Imports : $15.9M | $58.7M, World Rnk 12 / 138 Rnk 1043 / 1215 | World Rnk 2 / 211 Rnk 760 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.11M | $8.5M, Thailand | Germany
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Hydraulic Brake Fluid: 0.69, Rnk 280 / 1029
Exports In 2021, China exported $15.9M in Hydraulic Brake Fluid, making it the 12th largest exporter of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 1043rd most exported product in China. The main destination of Hydraulic Brake Fluid exports from China are: Nigeria ($2.16M), Thailand ($1.43M), Chinese Taipei ($1.14M), Indonesia ($879k), and Vietnam ($767k).
The fastest growing export markets for Hydraulic Brake Fluid of China between 2020 and 2021 were Thailand ($1.11M), Nigeria ($910k), and Indonesia ($783k).
Imports In 2021, China imported $58.7M in Hydraulic Brake Fluid, becoming the 2nd largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 760th most imported product in China. China imports Hydraulic Brake Fluid primarily from: Germany ($35.2M), Japan ($5.77M), United Kingdom ($3.46M), United States ($2.6M), and Russia ($2.56M).
The fastest growing import markets in Hydraulic Brake Fluid for China between 2020 and 2021 were Germany ($8.5M), Sweden ($884k), and Singapore ($787k).
Tariffs In 2018, the average tariff for China in Hydraulic Brake Fluid was 5.08%. The countries with the highest import tariffs for Hydraulic Brake Fluid were Burkina Faso (Most Favoured Nation duty rate treatment, 6.5%), Botswana (Most Favoured Nation duty rate treatment, 6.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.5%), Cameroon (Most Favoured Nation duty rate treatment, 6.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 6.5%).
March 2023
Overview In March 2023 China's Hydraulic Brake Fluid exports accounted up to $2.44M and imports accounted up to $4.43M, resulting in a negative trade balance of $1.99M. Between March 2022 and March 2023 the exports of China's Hydraulic Brake Fluid have increased by $552k (29.3%) from $1.89M to $2.44M, while imports decreased by $-342k (-7.17%) from $4.77M to $4.43M.
Destinations In March 2023, Hydraulic Brake Fluid were exported mostly to India ($336k), Nigeria ($214k), Taiwan ($173k), Japan ($155k), and Haiti ($149k), and were imported mostly from Germany ($2.27M), United States ($1.02M), Japan ($701k), Italy ($123k), and United Kingdom ($117k).
Growth In March 2023, the increase in Hydraulic Brake Fluid's year-by-year exports was explained primarily by an increase in exports to Nigeria ($298k or 2.07k%), Taiwan ($147k or 559%), and Laos ($59.7k or 4.26k%). In March 2023, the decrease in Hydraulic Brake Fluid's year-by-year imports was explained primarily by a decrease in imports from United States ($-339k or -32.8%), Russia ($-176k or -66.6%), and South Korea ($-33.5k or -53.3%).
EXPORT GROWTH (March 2022 - March 2023): $552k, (29.3%)
IMPORT GROWTH (March 2022 - March 2023): $-342k, (-7.17%)
MAIN EXPORTER (March 2023): Jiangsu Province, $604k
MAIN DESTINATION (March 2023): India, $336k
This section shows Hydraulic Brake Fluid'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 Hydraulic Brake Fluid over time.
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EXPORTS (2021): $15.9M
IMPORTS (2021): $58.7M
NET TRADE (2021): -$42.8M
In 2021, China exported $15.9M in Hydraulic Brake Fluid. The main destinations of China exports on Hydraulic Brake Fluid were Nigeria ($2.16M), Thailand ($1.43M), Chinese Taipei ($1.14M), Indonesia ($879k), and Vietnam ($767k).
In 2021, China imported $58.7M in Hydraulic Brake Fluid, mainly from Germany ($35.2M), Japan ($5.77M), United Kingdom ($3.46M), United States ($2.6M), and Russia ($2.56M).
THE FASTEST GROWING Hydraulic Brake Fluid EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Brake Fluid BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Hydraulic Brake Fluid were:
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