Raw Plastic Sheeting in China 2021 Exports | Imports : $9.23B | $6.37B, World Rnk 1 / 199 Rnk 75 / 1215 | World Rnk 2 / 225 Rnk 55 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $231M | $327M, Vietnam | Japan
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Raw Plastic Sheeting: 0.24, Rnk 468 / 1029
Exports In 2021, China exported $9.23B in Raw Plastic Sheeting, making it the 1st largest exporter of Raw Plastic Sheeting in the world. At the same year, Raw Plastic Sheeting was the 75th most exported product in China. The main destination of Raw Plastic Sheeting exports from China are: Vietnam ($1.16B), India ($530M), United States ($512M), Japan ($451M), and South Korea ($446M).
The fastest growing export markets for Raw Plastic Sheeting of China between 2020 and 2021 were Vietnam ($231M), India ($214M), and Indonesia ($136M).
Imports In 2021, China imported $6.37B in Raw Plastic Sheeting, becoming the 2nd largest importer of Raw Plastic Sheeting in the world. At the same year, Raw Plastic Sheeting was the 55th most imported product in China. China imports Raw Plastic Sheeting primarily from: Japan ($2.57B), South Korea ($1.24B), Chinese Taipei ($912M), United States ($728M), and Germany ($223M).
The fastest growing import markets in Raw Plastic Sheeting for China between 2020 and 2021 were Japan ($327M), South Korea ($210M), and United States ($186M).
Tariffs In 2018, the average tariff for China in Raw Plastic Sheeting was 5.59%. The countries with the highest import tariffs for Raw Plastic Sheeting were Hong Kong (Most Favoured Nation duty rate treatment, 7.85%), Taiwan (Most Favoured Nation duty rate treatment, 7.58%), Macau (Most Favoured Nation duty rate treatment, 7.33%), India (Most Favoured Nation duty rate treatment, 7.2%), and Sri Lanka (Most Favoured Nation duty rate treatment, 7.2%).
March 2023
Overview In March 2023 China's Raw Plastic Sheeting exports accounted up to $1.09B and imports accounted up to $521M, resulting in a positive trade balance of $566M. Between March 2022 and March 2023 the exports of China's Raw Plastic Sheeting have increased by $131M (13.8%) from $955M to $1.09B, while imports decreased by $-174M (-25.1%) from $695M to $521M.
Destinations In March 2023, Raw Plastic Sheeting were exported mostly to Vietnam ($104M), United States ($72.3M), India ($71M), South Korea ($57.8M), and Thailand ($50.2M), and were imported mostly from Japan ($219M), South Korea ($101M), United States ($63.4M), Taiwan ($48.8M), and Germany ($30.1M).
Growth In March 2023, the increase in Raw Plastic Sheeting's year-by-year exports was explained primarily by an increase in exports to Indonesia ($21.1M or 76.2%), Russia ($20.9M or 94.4%), and India ($19.4M or 45.2%). In March 2023, the decrease in Raw Plastic Sheeting's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-21.4M or -11.8%), China ($-8.16M or -49.3%), and Belgium ($-6.36M or -57.7%).
EXPORT GROWTH (March 2022 - March 2023): $131M, (13.8%)
IMPORT GROWTH (March 2022 - March 2023): $-174M, (-25.1%)
MAIN EXPORTER (March 2023): Guangdong Province, $262M
MAIN DESTINATION (March 2023): Vietnam, $104M
This section shows Raw Plastic Sheeting'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 Raw Plastic Sheeting over time.
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EXPORTS (2021): $9.23B
IMPORTS (2021): $6.37B
NET TRADE (2021): $2.85B
In 2021, China exported $9.23B in Raw Plastic Sheeting. The main destinations of China exports on Raw Plastic Sheeting were Vietnam ($1.16B), India ($530M), United States ($512M), Japan ($451M), and South Korea ($446M).
In 2021, China imported $6.37B in Raw Plastic Sheeting, mainly from Japan ($2.57B), South Korea ($1.24B), Chinese Taipei ($912M), United States ($728M), and Germany ($223M).
THE FASTEST GROWING Raw Plastic Sheeting EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Plastic Sheeting BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Raw Plastic Sheeting were:
In 2021, China's main importing competitors in Raw Plastic Sheeting were:
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