Nitrile Compounds in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $1.77B in Nitrile Compounds, making it the 1st largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 322nd most exported product in China. The main destination of Nitrile Compounds exports from China are: India ($447M), South Korea ($224M), United States ($207M), Brazil ($189M), and Belgium ($75.4M).

Imports In 2022, China imported $466M in Nitrile Compounds, becoming the 5th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 364th most imported product in China. China imports Nitrile Compounds primarily from: United States ($126M), South Korea ($70.7M), Chinese Taipei ($62.7M), Germany ($58.1M), and Netherlands ($56.1M).

The fastest growing import markets in Nitrile Compounds for China between 2021 and 2022 were Germany ($41.3M), France ($9.43M), and China ($4.93M).

COMPANIES In 2023, leading companies such as ASUS COMPUTER INTERNATIONAL (3.06k), DUPONT SPECIALTY PRODUCTS USA, LLC (1.4k), and COSTCO WHOLESALE COPRORATION (812) were at the forefront of shipping Nitrile Compounds from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Nitrile Compounds exports accounted up to $61.9M and imports accounted up to $15M, resulting in a positive trade balance of $46.9M. Between February 2023 and February 2024 the exports of China's Nitrile Compounds have decreased by $-52.5M (-45.9%) from $114M to $61.9M, while imports decreased by $-28.9M (-65.8%) from $43.9M to $15M.

Destinations In February 2024, Nitrile Compounds were exported mostly to India ($19M), South Korea ($5.95M), United States ($5.52M), Brazil ($5.5M), and Belgium ($4.62M), and were imported mostly from Taiwan ($6.56M), India ($3.4M), China ($2.65M), South Korea ($1.3M), and Germany ($353k).

Growth In February 2024, the decrease in Nitrile Compounds's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-10.9M or -90.6%), United States ($-5.58M or -23.5%), and Netherlands ($-2.38M or -55.1%). In February 2024, the decrease in Nitrile Compounds's year-by-year imports was explained primarily by a decrease in imports from United States ($-82.7M or -81.7%), France ($-26.6M or -97.4%), and South Korea ($-7.75M or -41.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-52.5M(-45.9%)

IMPORT GROWTH (February 2023 - February 2024)$-28.9M(-65.8%)

MAIN EXPORTER (February 2024)Jiangsu Province$42.2M

MAIN DESTINATION (February 2024)India$19M

This section shows Nitrile Compounds'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 Nitrile Compounds over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download