Vinyl Chloride Polymers in China 2021 Exports | Imports : $3.6B | $1.42B, World Rnk 2 / 144 Rnk 177 / 1215 | World Rnk 4 / 211 Rnk 180 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $413M | $93.5M, India | Chinese Taipei
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Vinyl Chloride Polymers: 0.5, Rnk 371 / 1029
Exports In 2021, China exported $3.6B in Vinyl Chloride Polymers, making it the 2nd largest exporter of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 177th most exported product in China. The main destination of Vinyl Chloride Polymers exports from China are: India ($493M), Vietnam ($421M), Bangladesh ($236M), Brazil ($170M), and South Korea ($154M).
The fastest growing export markets for Vinyl Chloride Polymers of China between 2020 and 2021 were India ($413M), Vietnam ($292M), and Bangladesh ($172M).
Imports In 2021, China imported $1.42B in Vinyl Chloride Polymers, becoming the 4th largest importer of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 180th most imported product in China. China imports Vinyl Chloride Polymers primarily from: Chinese Taipei ($346M), Japan ($328M), United States ($138M), Germany ($123M), and Hong Kong ($82.3M).
The fastest growing import markets in Vinyl Chloride Polymers for China between 2020 and 2021 were Chinese Taipei ($93.5M), Hong Kong ($64.5M), and Japan ($43.8M).
Tariffs In 2018, the average tariff for China in Vinyl Chloride Polymers was 6.13%. The countries with the highest import tariffs for Vinyl Chloride Polymers were Hong Kong (Most Favoured Nation duty rate treatment, 8%), Bangladesh (Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement), 7.8%), Burkina Faso (Most Favoured Nation duty rate treatment, 7.75%), Botswana (Most Favoured Nation duty rate treatment, 7.75%), and Cote d'Ivoire (Most Favoured Nation duty rate treatment, 7.75%).
April 2023
Overview In April 2023 China's Vinyl Chloride Polymers exports accounted up to $261M and imports accounted up to $95.7M, resulting in a positive trade balance of $165M. Between April 2022 and April 2023 the exports of China's Vinyl Chloride Polymers have decreased by $-272M (-51%) from $533M to $261M, while imports decreased by $-24M (-20.1%) from $120M to $95.7M.
Destinations In April 2023, Vinyl Chloride Polymers were exported mostly to India ($40.8M), Russia ($20.3M), Japan ($12.6M), Egypt ($11.6M), and Vietnam ($11.3M), and were imported mostly from United States ($24.1M), Japan ($22.3M), Taiwan ($9.66M), France ($5.88M), and Germany ($5.35M).
Growth In April 2023, the decrease in Vinyl Chloride Polymers's year-by-year exports was explained primarily by a decrease in exports to Brazil ($-14.2M or -88.9%), Bangladesh ($-6.91M or -34.3%), and Thailand ($-6.05M or -50%). In April 2023, the decrease in Vinyl Chloride Polymers's year-by-year imports was explained primarily by a decrease in imports from United States ($-15.5M or -65.8%), Taiwan ($-11.5M or -30.3%), and Malaysia ($-3.78M or -55.2%).
EXPORT GROWTH (April 2022 - April 2023): $-272M, (-51%)
IMPORT GROWTH (April 2022 - April 2023): $-24M, (-20.1%)
MAIN EXPORTER (April 2023): Shandong Province, $62.4M
MAIN DESTINATION (April 2023): India, $40.8M
This section shows Vinyl Chloride Polymers'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 Vinyl Chloride Polymers over time.
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EXPORTS (2021): $3.6B
IMPORTS (2021): $1.42B
NET TRADE (2021): $2.18B
In 2021, China exported $3.6B in Vinyl Chloride Polymers. The main destinations of China exports on Vinyl Chloride Polymers were India ($493M), Vietnam ($421M), Bangladesh ($236M), Brazil ($170M), and South Korea ($154M).
In 2021, China imported $1.42B in Vinyl Chloride Polymers, mainly from Chinese Taipei ($346M), Japan ($328M), United States ($138M), Germany ($123M), and Hong Kong ($82.3M).
THE FASTEST GROWING Vinyl Chloride Polymers EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vinyl Chloride Polymers BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Vinyl Chloride Polymers were:
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