Liquid Fuel Furnaces in China 2021 Exports | Imports : $196M | $144M, World Rnk 3 / 143 Rnk 736 / 1215 | World Rnk 3 / 210 Rnk 588 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $12.5M | $2.52M, Kazakhstan | Denmark
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Liquid Fuel Furnaces: 1.15, Rnk 115 / 1024
Exports In 2021, China exported $196M in Liquid Fuel Furnaces, making it the 3rd largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 736th most exported product in China. The main destination of Liquid Fuel Furnaces exports from China are: United States ($16.6M), Malaysia ($14.6M), Indonesia ($14.6M), Kazakhstan ($13.5M), and Italy ($8.68M).
The fastest growing export markets for Liquid Fuel Furnaces of China between 2020 and 2021 were Kazakhstan ($12.5M), Iran ($7.89M), and Nigeria ($4.3M).
Imports In 2021, China imported $144M in Liquid Fuel Furnaces, becoming the 3rd largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 588th most imported product in China. China imports Liquid Fuel Furnaces primarily from: Italy ($56.7M), Germany ($24.5M), South Korea ($9.65M), United States ($8.72M), and Japan ($8.35M).
The fastest growing import markets in Liquid Fuel Furnaces for China between 2020 and 2021 were Denmark ($2.52M), Hong Kong ($2.04M), and Sweden ($1.15M).
June 2023
Overview In June 2023 China's Liquid Fuel Furnaces exports accounted up to $13M and imports accounted up to $19.6M, resulting in a negative trade balance of $6.59M. Between June 2022 and June 2023 the exports of China's Liquid Fuel Furnaces have decreased by $-3.7M (-22.1%) from $16.7M to $13M, while imports increased by $2.61M (15.4%) from $17M to $19.6M.
Destinations In June 2023, Liquid Fuel Furnaces were exported mostly to Indonesia ($1.56M), Russia ($1.2M), United States ($1.11M), Germany ($685k), and Kuwait ($651k), and were imported mostly from Finland ($5.57M), Belgium ($4.48M), Italy ($4.15M), Germany ($2.51M), and France ($465k).
Growth In June 2023, the decrease in Liquid Fuel Furnaces's year-by-year exports was explained primarily by a decrease in exports to Kazakhstan ($-5.82M or -99.3%), Iraq ($-3.16M or -99.8%), and Turkey ($-1.12M or -95.3%). In June 2023, the increase in Liquid Fuel Furnaces's year-by-year imports was explained primarily by an increase in imports from Czechia ($1.3M or 9.44k%), United States ($573k or 61.4%), and Germany ($333k or 22.1%).
EXPORT GROWTH (June 2022 - June 2023): $-3.7M, (-22.1%)
IMPORT GROWTH (June 2022 - June 2023): $2.61M, (15.4%)
MAIN EXPORTER (June 2023): Shanghai Province, $4.98M
MAIN DESTINATION (June 2023): Indonesia, $1.56M
This section shows Liquid Fuel Furnaces'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 Liquid Fuel Furnaces over time.
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EXPORTS (2021): $196M
IMPORTS (2021): $144M
NET TRADE (2021): $51.8M
In 2021, China exported $196M in Liquid Fuel Furnaces. The main destinations of China exports on Liquid Fuel Furnaces were United States ($16.6M), Malaysia ($14.6M), Indonesia ($14.6M), Kazakhstan ($13.5M), and Italy ($8.68M).
In 2021, China imported $144M in Liquid Fuel Furnaces, mainly from Italy ($56.7M), Germany ($24.5M), South Korea ($9.65M), United States ($8.72M), and Japan ($8.35M).
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Liquid Fuel Furnaces were:
In 2021, China's main importing competitors in Liquid Fuel Furnaces were:
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