Other Ores in China 2020 Exports | Imports : $7.2M | $110M, World Rnk 11 / 127 Rnk 1083 / 1215 | World Rnk 1 / 118 Rnk 601 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.87M | $19.1M, India | Australia
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
Exports In 2020, China exported $7.2M in Other Ores, making it the 11th largest exporter of Other Ores in the world. At the same year, Other Ores was the 1083rd most exported product in China. The main destination of Other Ores exports from China are: Oman ($3.13M), India ($3.04M), Canada ($400k), United States ($284k), and Italy ($94.8k).
The fastest growing export markets for Other Ores of China between 2019 and 2020 were India ($1.87M), Oman ($310k), and Spain ($4.66k).
Imports In 2020, China imported $110M in Other Ores, becoming the 1st largest importer of Other Ores in the world. At the same year, Other Ores was the 601st most imported product in China. China imports Other Ores primarily from: Australia ($48.5M), Russia ($28.1M), Tajikistan ($13.9M), Democratic Republic of the Congo ($6.16M), and Colombia ($3.6M).
The fastest growing import markets in Other Ores for China between 2019 and 2020 were Australia ($19.1M), Colombia ($2.55M), and Democratic Republic of the Congo ($1.07M).
Tariffs In 2019, the average tariff for China in Other Ores was 2.32%. The countries with the highest import tariffs for Other Ores were Burkina Faso (Most Favoured Nation duty rate treatement, 3%), Botswana (Most Favoured Nation duty rate treatement, 3%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 3%), Cameroon (Most Favoured Nation duty rate treatement, 3%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 3%).
December 2022
Overview In December 2022 China's Other Ores exports accounted up to $25.1k and imports accounted up to $21.4M, resulting in a negative trade balance of $21.4M. Between January 2021 and December 2022 the exports of China's Other Ores have increased by $15.1k (150%) from $10k to $25.1k, while imports increased by $18.4M (608%) from $3.02M to $21.4M.
Destinations In December 2022, Other Ores were exported mostly to Russia ($24.6k), United Kingdom ($300), Hong Kong ($145), Singapore ($84), and Japan ($10), and were imported mostly from Canada ($8.38M), Russia ($4.26M), Australia ($3.11M), Tajikistan ($2.05M), and Burma ($1.74M).
Growth In December 2022, the increase in Other Ores's year-by-year exports was explained primarily by an increase in exports to . In December 2022, the increase in Other Ores's year-by-year imports was explained primarily by an increase in imports from Bolivia ($377k or 85.1%), Nigeria ($191k or 485%), and Ethiopia ($113k or 10.4k%).
EXPORT GROWTH (January 2021 - December 2022): $15.1k, (150%)
IMPORT GROWTH (December 2021 - December 2022): $18.4M, (608%)
MAIN EXPORTER (December 2022): Shandong Province, $24.6k
MAIN DESTINATION (December 2022): Russia, $24.6k
This section shows Other Ores'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 Other Ores over time.
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EXPORTS (2020): $7.2M
IMPORTS (2020): $110M
NET TRADE (2020): -$102M
In 2020, China exported $7.2M in Other Ores. The main destinations of China exports on Other Ores were Oman ($3.13M), India ($3.04M), Canada ($400k), United States ($284k), and Italy ($94.8k).
In 2020, China imported $110M in Other Ores, mainly from Australia ($48.5M), Russia ($28.1M), Tajikistan ($13.9M), Democratic Republic of the Congo ($6.16M), and Colombia ($3.6M).
THE FASTEST GROWING Other Ores EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Other Ores were:
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