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2023
Exports $9.06MWorld Rnk 9 / 108
Flag Rnk 1100 / 1215
2023
Destination $363k Japan
2022 - 2023
FASTEST GROWING MARKET $363kUnited States
2023
Imports $40MWorld Rnk 2 / 165
Flag Rnk 806 / 1214
2023
Origin $5.3M Argentina
2022 - 2023
FASTEST GROWING ORIGIN $5.3MArgentina
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $9.06M in Vegetable Tanning Extracts, making it the 9th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 1100th most exported product in China. The main destination of Vegetable Tanning Extracts exports from China are: Japan ($4.25M), Germany ($1.08M), United States ($645k), Italy ($515k), and Vietnam ($479k).

The fastest growing export markets for Vegetable Tanning Extracts of China between 2022 and 2023 were United States ($363k), Vietnam ($203k), and Djibouti ($150k).

Imports In 2023, China imported $40M in Vegetable Tanning Extracts, becoming the 2nd largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 806th most imported product in China. China imports Vegetable Tanning Extracts primarily from: Argentina ($14.4M), South Africa ($10.7M), Brazil ($7M), India ($2.97M), and Italy ($1.66M).

The fastest growing import markets in Vegetable Tanning Extracts for China between 2022 and 2023 were Argentina ($5.3M), Brazil ($1.91M), and South Africa ($1.78M).

COMPANIES In 2024, leading companies such as Givaudan Fragrances (2) were at the forefront of shipping Vegetable Tanning Extracts from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Vegetable Tanning Extracts exports accounted up to $372k and imports accounted up to $4.58M, resulting in a negative trade balance of $4.2M. Between December 2023 and December 2024 the exports of China's   Vegetable Tanning Extracts have increased by $91.7k (32.8%) from $280k to $372k, while imports increased by $27.3k (0.6%) from $4.55M to $4.58M.

Destinations In December 2024, Vegetable Tanning Extracts were exported mostly to Chinese Taipei ($78.9k), Vietnam ($78.1k), France ($52k), Spain ($33.1k), and New Zealand ($32k), and were imported mostly from South Africa ($2.44M), Argentina ($1.35M), Brazil ($247k), India ($184k), and Italy ($133k).

Growth In December 2024, the increase in Vegetable Tanning Extracts's year-by-year exports was explained primarily by an increase in exports to Japan ($61.3k or 760%) and Vietnam ($17.9k or 35.7%). In December 2024, the increase in Vegetable Tanning Extracts's year-by-year imports was explained primarily by an increase in imports from Brazil ($1.21M or 542%), South Africa ($629k or 241%), and Argentina ($594k or 64%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$91.7k(32.8%)
IMPORT GROWTH (December 2023 - December 2024)$27.3k(0.6%)
MAIN EXPORTER (December 2024)Guangdong Province$216k
MAIN DESTINATION (December 2024)Chinese Taipei$78.9k

This section shows Vegetable Tanning Extracts'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 Vegetable Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.06M
IMPORTS (2023)$40M
NET TRADE (2023)-$30.9M

In 2023, China exported $9.06M in Vegetable Tanning Extracts. The main destinations of China exports on Vegetable Tanning Extracts were Japan ($4.25M), Germany ($1.08M), United States ($645k), Italy ($515k), and Vietnam ($479k).

In 2023, China imported $40M in Vegetable Tanning Extracts, mainly from Argentina ($14.4M), South Africa ($10.7M), Brazil ($7M), India ($2.97M), and Italy ($1.66M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR China WERE (2022 - 2023):
United States$363k (128%)
Vietnam$203k (73.7%)
Djibouti$150k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY China WERE (2022 - 2023):
Japan-$2.46M (-36.6%)
Germany-$644k (-37.4%)
Spain-$398k (-81.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Vegetable Tanning Extracts were:
Argentina $64.6M
South Africa $64.3M
Indonesia $55.3M
In 2023, China's main importing competitors in Vegetable Tanning Extracts were:
India $78.4M
Italy $38.7M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $357k
TOP IMPORT POTENTIALIndia+ $1.24M

Vegetable Tanning Extracts’s highest export potential is India. With an export gap of $357k.   Vegetable Tanning Extracts’s highest import potential is India with an import gap of $1.24M.

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