Natural Polymers in China 2021 Exports | Imports : $742M | $148M, World Rnk 1 / 119 Rnk 469 / 1215 | World Rnk 5 / 197 Rnk 584 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $25M | $20.4M, Russia | Singapore
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Natural Polymers: 0.69, Rnk 281 / 1029
Exports In 2021, China exported $742M in Natural Polymers, making it the 1st largest exporter of Natural Polymers in the world. At the same year, Natural Polymers was the 469th most exported product in China. The main destination of Natural Polymers exports from China are: United States ($99.3M), Russia ($68.2M), Germany ($53.3M), South Korea ($39.6M), and Netherlands ($31.7M).
The fastest growing export markets for Natural Polymers of China between 2020 and 2021 were Russia ($25M), United States ($21.5M), and South Korea ($15.9M).
Imports In 2021, China imported $148M in Natural Polymers, becoming the 5th largest importer of Natural Polymers in the world. At the same year, Natural Polymers was the 584th most imported product in China. China imports Natural Polymers primarily from: Singapore ($39.6M), United States ($23.7M), United Kingdom ($21.3M), France ($13.1M), and Sweden ($9.48M).
The fastest growing import markets in Natural Polymers for China between 2020 and 2021 were Singapore ($20.4M), United Kingdom ($18.9M), and France ($5.18M).
Tariffs In 2018, the average tariff for China in Natural Polymers was 6.05%. The countries with the highest import tariffs for Natural Polymers were Peru (Most Favoured Nation duty rate treatment, 10%), Burkina Faso (Most Favoured Nation duty rate treatment, 7.67%), Botswana (Most Favoured Nation duty rate treatment, 7.67%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 7.67%), and Cameroon (Most Favoured Nation duty rate treatment, 7.67%).
March 2023
Overview In March 2023 China's Natural Polymers exports accounted up to $110M and imports accounted up to $16.2M, resulting in a positive trade balance of $93.5M. Between March 2022 and March 2023 the exports of China's Natural Polymers have increased by $23M (26.6%) from $86.6M to $110M, while imports decreased by $-21.1M (-56.6%) from $37.3M to $16.2M.
Destinations In March 2023, Natural Polymers were exported mostly to Russia ($11M), Saudi Arabia ($8.83M), United States ($8.81M), Hong Kong ($7.35M), and United Arab Emirates ($6.18M), and were imported mostly from Sweden ($8.37M), France ($1.71M), United States ($1.4M), Japan ($1.22M), and Germany ($1.1M).
Growth In March 2023, the increase in Natural Polymers's year-by-year exports was explained primarily by an increase in exports to Russia ($5.16M or 252%), Saudi Arabia ($4M or 742%), and United Arab Emirates ($3.12M or 278%). In March 2023, the decrease in Natural Polymers's year-by-year imports was explained primarily by a decrease in imports from United States ($-405k or -20.6%), Denmark ($-360k or -77.9%), and China ($-313k or -86.8%).
EXPORT GROWTH (March 2022 - March 2023): $23M, (26.6%)
IMPORT GROWTH (March 2022 - March 2023): $-21.1M, (-56.6%)
MAIN EXPORTER (March 2023): Shandong Province, $29M
MAIN DESTINATION (March 2023): Russia, $11M
This section shows Natural Polymers'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 Natural Polymers over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $742M
IMPORTS (2021): $148M
NET TRADE (2021): $594M
In 2021, China exported $742M in Natural Polymers. The main destinations of China exports on Natural Polymers were United States ($99.3M), Russia ($68.2M), Germany ($53.3M), South Korea ($39.6M), and Netherlands ($31.7M).
In 2021, China imported $148M in Natural Polymers, mainly from Singapore ($39.6M), United States ($23.7M), United Kingdom ($21.3M), France ($13.1M), and Sweden ($9.48M).
THE FASTEST GROWING Natural Polymers EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Polymers BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Natural Polymers were:
In 2021, China's main importing competitors in Natural Polymers were:
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