Natural Polymers in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.23B in Natural Polymers, making it the 1st largest exporter of Natural Polymers in the world. At the same year, Natural Polymers was the 394th most exported product in China. The main destination of Natural Polymers exports from China are: United States ($125M), Russia ($101M), Saudi Arabia ($72.8M), United Arab Emirates ($66.4M), and South Korea ($51.7M).

The fastest growing export markets for Natural Polymers of China between 2021 and 2022 were Saudi Arabia ($66.2M), United Arab Emirates ($43.7M), and Russia ($33.2M).

Imports In 2022, China imported $154M in Natural Polymers, becoming the 6th largest importer of Natural Polymers in the world. At the same year, Natural Polymers was the 561st most imported product in China. China imports Natural Polymers primarily from: United States ($33.9M), Singapore ($31.4M), Sweden ($20.4M), France ($13.4M), and United Kingdom ($11.8M).

The fastest growing import markets in Natural Polymers for China between 2021 and 2022 were Sweden ($10.9M), United States ($10.2M), and Vietnam ($1.82M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Natural Polymers from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Natural Polymers exports accounted up to $64.8M and imports accounted up to $6.84M, resulting in a positive trade balance of $57.9M. Between February 2023 and February 2024 the exports of China's Natural Polymers have decreased by $-46.8M (-42%) from $112M to $64.8M, while imports decreased by $-10.2M (-59.9%) from $17.1M to $6.84M.

Destinations In February 2024, Natural Polymers were exported mostly to United States ($8.31M), Saudi Arabia ($7.13M), Russia ($5.92M), Germany ($3.41M), and United Arab Emirates ($3M), and were imported mostly from Sweden ($1.9M), United States ($1.07M), France ($961k), Germany ($734k), and Japan ($537k).

Growth In February 2024, the decrease in Natural Polymers's year-by-year exports was explained primarily by a decrease in exports to France ($-1.47M or -74.3%), Saudi Arabia ($-1.33M or -29.3%), and Indonesia ($-850k or -39.4%). In February 2024, the decrease in Natural Polymers's year-by-year imports was explained primarily by a decrease in imports from Sweden ($-7.67M or -62.8%), Germany ($-538k or -67.3%), and Austria ($-322k or -73.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-46.8M(-42%)

IMPORT GROWTH (February 2023 - February 2024)$-10.2M(-59.9%)

MAIN EXPORTER (February 2024)Shandong Province$26.1M

MAIN DESTINATION (February 2024)United States$8.31M

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.

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