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2023
Exports $5.61MWorld Rnk 20 / 66
Flag Rnk 1124 / 1215
2023
Destination $537k Malaysia
2022 - 2023
FASTEST GROWING MARKET $537kSerbia
2023
PRODUCT COMPLEXITY IN Lignite-1.57Rnk 955 / 1025
2023
Imports $10.7BWorld Rnk 1 / 111
Flag Rnk 28 / 1214
2023
Origin $96M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $96MMongolia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $5.61M in Lignite, making it the 20th largest exporter of Lignite in the world. At the same year, Lignite was the 1124th most exported product in China. The main destination of Lignite exports from China are: Malaysia ($1.12M), Japan ($1.01M), Burma ($600k), Serbia ($537k), and Canada ($492k).

The fastest growing export markets for Lignite of China between 2022 and 2023 were Serbia ($537k), Canada ($492k), and Malaysia ($466k).

Imports In 2023, China imported $10.7B in Lignite, becoming the 1st largest importer of Lignite in the world. At the same year, Lignite was the 28th most imported product in China. China imports Lignite primarily from: Indonesia ($10.2B), Philippines ($424M), Mongolia ($104M), Russia ($37.6M), and Burma ($9.4M).

The fastest growing import markets in Lignite for China between 2022 and 2023 were Mongolia ($96M), Burma ($5.5M), and Laos ($3.53M).

COMPANIES In 2024, leading companies such as Melissa & Doug (12), QVC Inc (6), and Conair (5) were at the forefront of shipping Lignite from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Lignite exports accounted up to $12.8k and imports accounted up to $1.16B, resulting in a negative trade balance of $1.16B. Between October 2023 and December 2024 the exports of China's   Lignite have decreased by $-34.5k (-73%) from $47.3k to $12.8k, while imports increased by $136M (13.3%) from $1.02B to $1.16B.

Destinations In December 2024, Lignite were exported mostly to Mongolia ($12.8k), and were imported mostly from Indonesia ($1.07B), Philippines ($40.1M), Mongolia ($29.5M), Russia ($15.8M), and Burma ($1.68M).

Growth In December 2024, the decrease in Lignite's year-by-year exports was explained primarily by a decrease in exports to . In December 2024, the increase in Lignite's year-by-year imports was explained primarily by an increase in imports from Philippines ($22.1M or 78.7%), Mongolia ($2.05M or 66.1%), and Burma ($296k or 44.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - December 2024)$-34.5k(-73%)
IMPORT GROWTH (December 2023 - December 2024)$136M(13.3%)
MAIN EXPORTER (December 2024)Yunnan Province$111k
MAIN DESTINATION (December 2024)Mongolia$12.8k

This section shows Lignite'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 Lignite over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.61M
IMPORTS (2023)$10.7B
NET TRADE (2023)-$10.7B

In 2023, China exported $5.61M in Lignite. The main destinations of China exports on Lignite were Malaysia ($1.12M), Japan ($1.01M), Burma ($600k), Serbia ($537k), and Canada ($492k).

In 2023, China imported $10.7B in Lignite, mainly from Indonesia ($10.2B), Philippines ($424M), Mongolia ($104M), Russia ($37.6M), and Burma ($9.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR China WERE (2022 - 2023):
Serbia$537k (1%)
Canada$492k (1%)
Malaysia$466k (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY China WERE (2022 - 2023):
Mongolia-$559k (-100%)
Japan-$312k (-23.6%)
Saudi Arabia-$171k (-53.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Lignite were:
Indonesia $10.7B
Philippines $424M
Germany $135M
In 2023, China's main importing competitors in Lignite were:
Serbia $381M
Pakistan $114M

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $208k
TOP IMPORT POTENTIALRussia+ $82.6M

Lignite’s highest export potential is India. With an export gap of $208k.   Lignite’s highest import potential is Russia with an import gap of $82.6M.

See methodology.

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