Exports In 2021, China exported $4.42B in Laboratory Reagents, making it the 3rd largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 142nd most exported product in China. The main destination of Laboratory Reagents exports from China are: Germany ($874M), United States ($560M), Hong Kong ($272M), Thailand ($228M), and Netherlands ($141M).
The fastest growing export markets for Laboratory Reagents of China between 2020 and 2021 were Germany ($768M), Thailand ($195M), and United States ($172M).
Imports In 2021, China imported $2.81B in Laboratory Reagents, becoming the 4th largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 116th most imported product in China. China imports Laboratory Reagents primarily from: United States ($1.11B), Germany ($340M), Japan ($303M), Singapore ($262M), and United Kingdom ($145M).
The fastest growing import markets in Laboratory Reagents for China between 2020 and 2021 were United States ($99.7M), Singapore ($90.6M), and Germany ($86M).
Tariffs In 2018, the average tariff for China in Laboratory Reagents was 3.49%. The countries with the highest import tariffs for Laboratory Reagents were Burkina Faso (Most Favoured Nation duty rate treatment, 4.5%), Botswana (Most Favoured Nation duty rate treatment, 4.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 4.5%), Cameroon (Most Favoured Nation duty rate treatment, 4.5%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 4.5%).