Nitrogen Heterocyclic Compounds in China 2020 Exports | Imports : $10B | $2.9B, World Rnk 3 / 134 Rnk 54 / 1215 | World Rnk 7 / 210 Rnk 94 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $113M | $84.7M, India | Ireland
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds: 1.46, Rnk 65 / 1029
Exports In 2020, China exported $10B in Nitrogen Heterocyclic Compounds, making it the 3rd largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 54th most exported product in China. The main destination of Nitrogen Heterocyclic Compounds exports from China are: India ($1.53B), United States ($1.1B), Brazil ($682M), Japan ($492M), and South Korea ($447M).
The fastest growing export markets for Nitrogen Heterocyclic Compounds of China between 2019 and 2020 were India ($113M), Turkey ($108M), and Russia ($102M).
Imports In 2020, China imported $2.9B in Nitrogen Heterocyclic Compounds, becoming the 7th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 94th most imported product in China. China imports Nitrogen Heterocyclic Compounds primarily from: Ireland ($867M), United States ($274M), Switzerland ($271M), India ($172M), and Finland ($169M).
The fastest growing import markets in Nitrogen Heterocyclic Compounds for China between 2019 and 2020 were Ireland ($84.7M), Finland ($46.2M), and Sweden ($44.2M).
Tariffs In 2018, the average tariff for China in Nitrogen Heterocyclic Compounds was 6.58%. The countries with the highest import tariffs for Nitrogen Heterocyclic Compounds were Angola (Most Favoured Nation duty rate treatement, 9%), Burundi (Most Favoured Nation duty rate treatement, 9%), Benin (Most Favoured Nation duty rate treatement, 9%), Central African Republic (Most Favoured Nation duty rate treatement, 9%), and Republic of the Congo (Most Favoured Nation duty rate treatement, 9%).
December 2022
Overview In December 2022 China's Nitrogen Heterocyclic Compounds exports accounted up to $1.25B and imports accounted up to $367M, resulting in a positive trade balance of $878M. Between December 2021 and December 2022 the exports of China's Nitrogen Heterocyclic Compounds have decreased by $-336M (-21.3%) from $1.58B to $1.25B, while imports increased by $215M (141%) from $152M to $367M.
Destinations In December 2022, Nitrogen Heterocyclic Compounds were exported mostly to Belgium ($236M), India ($132M), United States ($131M), Brazil ($78.4M), and South Korea ($53.2M), and were imported mostly from China ($101M), United States ($77.4M), Ireland ($53.5M), India ($39.3M), and Russia ($13.5M).
Growth In December 2022, the decrease in Nitrogen Heterocyclic Compounds's year-by-year exports was explained primarily by a decrease in exports to Slovenia ($-5.36M or -36.7%), Ireland ($-2.4M or -5.4%), and Hungary ($-2.14M or -39.4%). In December 2022, the increase in Nitrogen Heterocyclic Compounds's year-by-year imports was explained primarily by an increase in imports from United States ($46M or 323%), Japan ($21.9M or 120%), and Finland ($8.72M or 218%).
EXPORT GROWTH (December 2021 - December 2022): $-336M, (-21.3%)
IMPORT GROWTH (December 2021 - December 2022): $215M, (141%)
MAIN EXPORTER (December 2022): Jiangsu Province, $322M
MAIN DESTINATION (December 2022): Belgium, $236M
This section shows Nitrogen Heterocyclic 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 Nitrogen Heterocyclic Compounds over time.
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EXPORTS (2020): $10B
IMPORTS (2020): $2.9B
NET TRADE (2020): $7.11B
In 2020, China exported $10B in Nitrogen Heterocyclic Compounds. The main destinations of China exports on Nitrogen Heterocyclic Compounds were India ($1.53B), United States ($1.1B), Brazil ($682M), Japan ($492M), and South Korea ($447M).
In 2020, China imported $2.9B in Nitrogen Heterocyclic Compounds, mainly from Ireland ($867M), United States ($274M), Switzerland ($271M), India ($172M), and Finland ($169M).
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2020, China's main importing competitors in Nitrogen Heterocyclic Compounds were:
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