Ink in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $890M in Ink, making it the 4th largest exporter of Ink in the world. At the same year, Ink was the 468th most exported product in China. The main destination of Ink exports from China are: Germany ($235M), Vietnam ($49.4M), India ($47.6M), Indonesia ($42.1M), and Netherlands ($35.8M).

The fastest growing export markets for Ink of China between 2021 and 2022 were Germany ($233M), Indonesia ($19.4M), and India ($17.2M).

Imports In 2022, China imported $442M in Ink, becoming the 7th largest importer of Ink in the world. At the same year, Ink was the 372nd most imported product in China. China imports Ink primarily from: Japan ($148M), Malaysia ($48.5M), South Korea ($33.6M), Chinese Taipei ($30.7M), and Singapore ($26.7M).

The fastest growing import markets in Ink for China between 2021 and 2022 were Malaysia ($5.62M), United Arab Emirates ($5.09M), and Singapore ($774k).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (1.45k), WAL-MART INC. (1.27k), and AMAZON SERVICES LLC (928) were at the forefront of shipping Ink from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Ink exports accounted up to $35.5M and imports accounted up to $28M, resulting in a positive trade balance of $7.49M. Between February 2023 and February 2024 the exports of China's Ink have increased by $6.14M (21%) from $29.3M to $35.5M, while imports decreased by $-3.92M (-12.3%) from $31.9M to $28M.

Destinations In February 2024, Ink were exported mostly to India ($4.76M), Indonesia ($2.23M), Russia ($2.13M), Thailand ($2.04M), and Pakistan ($1.96M), and were imported mostly from Japan ($9.17M), Malaysia ($3.99M), South Korea ($3.73M), United States ($1.88M), and Germany ($1.39M).

Growth In February 2024, the increase in Ink's year-by-year exports was explained primarily by an increase in exports to Russia ($2.94M or 763%), Kyrgyzstan ($1.2M or 723%), and United Arab Emirates ($825k or 152%). In February 2024, the decrease in Ink's year-by-year imports was explained primarily by a decrease in imports from Japan ($-5.43M or -36.7%), South Korea ($-2.98M or -57.5%), and Taiwan ($-2.05M or -63.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$6.14M(21%)

IMPORT GROWTH (February 2023 - February 2024)$-3.92M(-12.3%)

MAIN EXPORTER (February 2024)Guangdong Province$21.2M

MAIN DESTINATION (February 2024)India$4.76M

This section shows Ink'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 Ink over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$890M

IMPORTS (2022)$442M

NET TRADE (2022)$449M

In 2022, China exported $890M in Ink. The main destinations of China exports on Ink were Germany ($235M), Vietnam ($49.4M), India ($47.6M), Indonesia ($42.1M), and Netherlands ($35.8M).

In 2022, China imported $442M in Ink, mainly from Japan ($148M), Malaysia ($48.5M), South Korea ($33.6M), Chinese Taipei ($30.7M), and Singapore ($26.7M).

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