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Exports In 2022, China exported $14.4M in Nitric Acids, making it the 8th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1069th most exported product in China. The main destination of Nitric Acids exports from China are: Vietnam ($2.15M), Indonesia ($2.09M), India ($1.73M), Japan ($1.21M), and Turkey ($1.16M).

The fastest growing export markets for Nitric Acids of China between 2021 and 2022 were India ($1.69M), Japan ($1.21M), and Vietnam ($838k).

Imports In 2022, China imported $19.2M in Nitric Acids, becoming the 8th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 933rd most imported product in China. China imports Nitric Acids primarily from: South Korea ($16.5M), Chinese Taipei ($1.21M), Germany ($724k), Japan ($381k), and United States ($221k).

The fastest growing import markets in Nitric Acids for China between 2021 and 2022 were South Korea ($3.06M), France ($15k), and Malaysia ($8.44k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$256k(30.7%)
IMPORT GROWTH (July 2023 - July 2024)$-132k(-10.1%)
MAIN EXPORTER (July 2024)Henan Province$571k
MAIN DESTINATION (July 2024)Indonesia$379k

This section shows Nitric Acids'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 Nitric Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.4M
IMPORTS (2022)$19.2M
NET TRADE (2022)-$4.88M

In 2022, China exported $14.4M in Nitric Acids. The main destinations of China exports on Nitric Acids were Vietnam ($2.15M), Indonesia ($2.09M), India ($1.73M), Japan ($1.21M), and Turkey ($1.16M).

In 2022, China imported $19.2M in Nitric Acids, mainly from South Korea ($16.5M), Chinese Taipei ($1.21M), Germany ($724k), Japan ($381k), and United States ($221k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR China WERE (2021 - 2022):
India$1.69M (4.55k%)
Japan$1.21M (7.1M%)
Vietnam$838k (64%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY China WERE (2021 - 2022):
Thailand-$1.27M (-86.3%)
Malaysia-$1.07M (-48.2%)
Philippines-$222k (-92%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Nitric Acids were:
In 2022, China's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $842k
TOP IMPORT POTENTIALGermany+ $685k

Nitric Acids’s highest export potential is India. With an export gap of $842k.   Nitric Acids’s highest import potential is Germany with an import gap of $685k.

See methodology.

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