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2022
Exports $3.05BWorld Rnk 1 / 176
Flag Rnk 224 / 1216
2022
Destination $19.3M South Korea
2021 - 2022
FASTEST GROWING MARKET $19.3MUnited States
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter0.71Rnk 271 / 1025
2022
Imports $999MWorld Rnk 2 / 215
Flag Rnk 222 / 1212
2022
Origin $19.6M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $19.6MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.05B in Synthetic Coloring Matter, making it the 1st largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 224th most exported product in China. The main destination of Synthetic Coloring Matter exports from China are: South Korea ($204M), Turkey ($202M), Indonesia ($202M), Pakistan ($170M), and Vietnam ($167M).

The fastest growing export markets for Synthetic Coloring Matter of China between 2021 and 2022 were United States ($19.3M), Russia ($10.3M), and Brazil ($9.17M).

Imports In 2022, China imported $999M in Synthetic Coloring Matter, becoming the 2nd largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 222nd most imported product in China. China imports Synthetic Coloring Matter primarily from: South Korea ($291M), India ($247M), Germany ($72.9M), Chinese Taipei ($69.9M), and Japan ($69.7M).

The fastest growing import markets in Synthetic Coloring Matter for China between 2021 and 2022 were Netherlands ($19.6M), Switzerland ($2.88M), and Hong Kong ($2.09M).

COMPANIES In 2023, leading companies such as Walmart (64), Halyard Health (52), and Acer (33) were at the forefront of shipping Synthetic Coloring Matter from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Synthetic Coloring Matter exports accounted up to $202M and imports accounted up to $76.5M, resulting in a positive trade balance of $126M. Between October 2023 and October 2024 the exports of China's   Synthetic Coloring Matter have increased by $18.4M (10%) from $184M to $202M, while imports decreased by $-13.6M (-15.1%) from $90.1M to $76.5M.

Destinations In October 2024, Synthetic Coloring Matter were exported mostly to United States ($14.6M), Vietnam ($13.6M), Pakistan ($13.2M), Turkey ($13.1M), and Indonesia ($12.1M), and were imported mostly from South Korea ($18.9M), India ($14.1M), Japan ($13.4M), Germany ($7.81M), and Chinese Taipei ($3.93M).

Growth In October 2024, the increase in Synthetic Coloring Matter's year-by-year exports was explained primarily by an increase in exports to Djibouti ($1.08M or 153%), Cote d'Ivoire ($791k or 1.29k%), and Poland ($463k or 94.1%). In October 2024, the decrease in Synthetic Coloring Matter's year-by-year imports was explained primarily by a decrease in imports from India ($-7.83M or -40.7%), Japan ($-7.57M or -55.5%), and South Korea ($-5.48M or -19.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$18.4M(10%)
IMPORT GROWTH (October 2023 - October 2024)$-13.6M(-15.1%)
MAIN EXPORTER (October 2024)Zhejiang Province$96.2M
MAIN DESTINATION (October 2024)United States$14.6M

This section shows Synthetic Coloring Matter'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 Synthetic Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.05B
IMPORTS (2022)$999M
NET TRADE (2022)$2.05B

In 2022, China exported $3.05B in Synthetic Coloring Matter. The main destinations of China exports on Synthetic Coloring Matter were South Korea ($204M), Turkey ($202M), Indonesia ($202M), Pakistan ($170M), and Vietnam ($167M).

In 2022, China imported $999M in Synthetic Coloring Matter, mainly from South Korea ($291M), India ($247M), Germany ($72.9M), Chinese Taipei ($69.9M), and Japan ($69.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$19.3M (13.2%)
Russia$10.3M (54.4%)
Brazil$9.17M (7.47%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY China WERE (2021 - 2022):
India-$62.6M (-30.2%)
Chinese Taipei-$46.9M (-24.8%)
South Korea-$39.1M (-16.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Synthetic Coloring Matter were:
India $2.92B
Germany $1.36B
In 2022, China's main importing competitors in Synthetic Coloring Matter were:
United States $1.02B
Germany $755M

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Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $80.6M
TOP IMPORT POTENTIALIndia+ $184M

Synthetic Coloring Matter’s highest export potential is India. With an export gap of $80.6M.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $184M.

See methodology.

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