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2023
Exports $624MWorld Rnk 3 / 180
Flag Rnk 521 / 1215
2023
Destination $4.79M India
2022 - 2023
FASTEST GROWING MARKET $4.79MPhilippines
2023
PRODUCT COMPLEXITY IN Abrasive Powder1.13Rnk 133 / 1025
2023
Imports $158MWorld Rnk 6 / 221
Flag Rnk 548 / 1214
2023
Origin $819k Japan
2022 - 2023
FASTEST GROWING ORIGIN $819kPortugal
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $624M in Abrasive Powder, making it the 3rd largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 521st most exported product in China. The main destination of Abrasive Powder exports from China are: India ($62.1M), Vietnam ($45.5M), United States ($44.2M), Russia ($39.6M), and Germany ($26.2M).

The fastest growing export markets for Abrasive Powder of China between 2022 and 2023 were Philippines ($4.79M), Italy ($2.48M), and Greece ($2.48M).

Imports In 2023, China imported $158M in Abrasive Powder, becoming the 6th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 548th most imported product in China. China imports Abrasive Powder primarily from: Japan ($35.6M), United States ($34.7M), South Korea ($31.2M), Germany ($16.2M), and Thailand ($6.97M).

The fastest growing import markets in Abrasive Powder for China between 2022 and 2023 were Portugal ($819k), United Arab Emirates ($731k), and Denmark ($676k).

COMPANIES In 2024, leading companies such as Fuyao Glass (57), CrimsonLogic (19), and Arhaus (16) were at the forefront of shipping Abrasive Powder from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Abrasive Powder exports accounted up to $69.5M and imports accounted up to $15.9M, resulting in a positive trade balance of $53.6M. Between December 2023 and December 2024 the exports of China's   Abrasive Powder have increased by $13.1M (23.1%) from $56.4M to $69.5M, while imports increased by $2.69M (20.3%) from $13.2M to $15.9M.

Destinations In December 2024, Abrasive Powder were exported mostly to United States ($8.74M), India ($6.15M), Russia ($5.27M), Vietnam ($5.19M), and Brazil ($2.63M), and were imported mostly from South Korea ($4M), United States ($3.6M), Japan ($2.84M), Germany ($1.99M), and Thailand ($752k).

Growth In December 2024, the increase in Abrasive Powder's year-by-year exports was explained primarily by an increase in exports to Vietnam ($2.59M or 140%), United States ($1.18M or 21.4%), and India ($1.13M or 16.9%). In December 2024, the increase in Abrasive Powder's year-by-year imports was explained primarily by an increase in imports from South Korea ($659k or 22.8%), Japan ($516k or 24.6%), and United Kingdom ($512k or 599%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$13.1M(23.1%)
IMPORT GROWTH (December 2023 - December 2024)$2.69M(20.3%)
MAIN EXPORTER (December 2024)Jiangsu Province$20.8M
MAIN DESTINATION (December 2024)United States$8.74M

This section shows Abrasive Powder'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 Abrasive Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$624M
IMPORTS (2023)$158M
NET TRADE (2023)$465M

In 2023, China exported $624M in Abrasive Powder. The main destinations of China exports on Abrasive Powder were India ($62.1M), Vietnam ($45.5M), United States ($44.2M), Russia ($39.6M), and Germany ($26.2M).

In 2023, China imported $158M in Abrasive Powder, mainly from Japan ($35.6M), United States ($34.7M), South Korea ($31.2M), Germany ($16.2M), and Thailand ($6.97M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR China WERE (2022 - 2023):
Philippines$4.79M (94.2%)
Italy$2.48M (30.9%)
Greece$2.48M (128%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY China WERE (2022 - 2023):
United States-$19.8M (-30.9%)
Vietnam-$10.9M (-19.3%)
Indonesia-$5.53M (-22.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Abrasive Powder were:
Germany $731M
United States $661M
In 2023, China's main importing competitors in Abrasive Powder were:
Germany $698M
United States $607M
Poland $274M

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $23.4M
TOP IMPORT POTENTIALGermany+ $11.2M

Abrasive Powder’s highest export potential is India. With an export gap of $23.4M.   Abrasive Powder’s highest import potential is Germany with an import gap of $11.2M.

See methodology.

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