Phosphoric Esters and Salts in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $705M in Phosphoric Esters and Salts, making it the 1st largest exporter of Phosphoric Esters and Salts in the world. At the same year, Phosphoric Esters and Salts was the 518th most exported product in China. The main destination of Phosphoric Esters and Salts exports from China are: United States ($120M), South Korea ($82.9M), Netherlands ($81.1M), Germany ($28.3M), and Spain ($25.3M).

The fastest growing export markets for Phosphoric Esters and Salts of China between 2021 and 2022 were Brazil ($9.28M), Indonesia ($7.56M), and United Kingdom ($1.46M).

Imports In 2022, China imported $35.2M in Phosphoric Esters and Salts, becoming the 11th largest importer of Phosphoric Esters and Salts in the world. At the same year, Phosphoric Esters and Salts was the 840th most imported product in China. China imports Phosphoric Esters and Salts primarily from: Japan ($17.3M), Germany ($4.35M), United States ($4.23M), South Korea ($3.79M), and Chinese Taipei ($2.37M).

The fastest growing import markets in Phosphoric Esters and Salts for China between 2021 and 2022 were Chinese Taipei ($852k), United Kingdom ($581k), and Democratic Republic of the Congo ($523k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Phosphoric Esters and Salts from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Phosphoric Esters and Salts exports accounted up to $41.2M and imports accounted up to $1.87M, resulting in a positive trade balance of $39.3M. Between February 2023 and February 2024 the exports of China's Phosphoric Esters and Salts have decreased by $-3.37M (-7.56%) from $44.6M to $41.2M, while imports decreased by $-2.69M (-59%) from $4.57M to $1.87M.

Destinations In February 2024, Phosphoric Esters and Salts were exported mostly to United States ($7.07M), Netherlands ($5.94M), South Korea ($5.36M), Mexico ($2.03M), and Thailand ($2.02M), and were imported mostly from Japan ($924k), Germany ($561k), United Kingdom ($143k), South Korea ($108k), and United States ($59.5k).

Growth In February 2024, the decrease in Phosphoric Esters and Salts's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-6.05M or -50.6%), Mexico ($-3.21M or -83%), and Japan ($-2.62M or -61.5%). In February 2024, the decrease in Phosphoric Esters and Salts's year-by-year imports was explained primarily by a decrease in imports from Japan ($-982k or -65.4%), United Kingdom ($-508k or -84.3%), and Germany ($-444k or -65.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-3.37M(-7.56%)

IMPORT GROWTH (February 2023 - February 2024)$-2.69M(-59%)

MAIN EXPORTER (February 2024)Zhejiang Province$14M

MAIN DESTINATION (February 2024)United States$7.07M

This section shows Phosphoric Esters and Salts'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 Phosphoric Esters and Salts over time.

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