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2022
Exports $707MWorld Rnk 2 / 183
Flag Rnk 517 / 1216
2022
Destination $6.99M United States
2021 - 2022
FASTEST GROWING MARKET $6.99MRussia
2022
PRODUCT COMPLEXITY IN Abrasive Powder1.09Rnk 137 / 1025
2022
Imports $235MWorld Rnk 4 / 224
Flag Rnk 486 / 1212
2022
Origin $1.59M Japan
2021 - 2022
FASTEST GROWING ORIGIN $1.59MChinese Taipei
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $707M in Abrasive Powder, making it the 2nd largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 517th most exported product in China. The main destination of Abrasive Powder exports from China are: United States ($69.2M), India ($64.9M), Vietnam ($59.1M), Russia ($40.2M), and Germany ($25.7M).

The fastest growing export markets for Abrasive Powder of China between 2021 and 2022 were Russia ($6.99M), India ($6.96M), and Singapore ($3.96M).

Imports In 2022, China imported $235M in Abrasive Powder, becoming the 4th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 486th most imported product in China. China imports Abrasive Powder primarily from: Japan ($50.8M), United States ($50.7M), South Korea ($31.5M), Hong Kong ($21.9M), and Germany ($20.3M).

The fastest growing import markets in Abrasive Powder for China between 2021 and 2022 were Chinese Taipei ($1.59M), Mexico ($392k), and Australia ($196k).

COMPANIES In 2023, leading companies such as Fuyao Glass (77), CrimsonLogic (61), and H&M Clothing (49) were at the forefront of shipping Abrasive Powder from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Abrasive Powder exports accounted up to $59.3M and imports accounted up to $18.5M, resulting in a positive trade balance of $40.8M. Between July 2023 and July 2024 the exports of China's   Abrasive Powder have increased by $7.17M (13.7%) from $52.2M to $59.3M, while imports increased by $5.45M (41.6%) from $13.1M to $18.5M.

Destinations In July 2024, Abrasive Powder were exported mostly to United States ($6.57M), India ($5.46M), Vietnam ($4.79M), Russia ($3.29M), and Brazil ($2.83M), and were imported mostly from United States ($5.22M), Japan ($4.3M), South Korea ($3.05M), Germany ($1.54M), and Italy ($1.05M).

Growth In July 2024, the increase in Abrasive Powder's year-by-year exports was explained primarily by an increase in exports to Russia ($627k or 21.6%), Singapore ($403k or 108%), and Bangladesh ($335k or 42.8%). In July 2024, the increase in Abrasive Powder's year-by-year imports was explained primarily by an increase in imports from Sweden ($165k or 1.99k%), Austria ($93.5k or 71.4%), and Portugal ($40.2k or 271%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$7.17M(13.7%)
IMPORT GROWTH (July 2023 - July 2024)$5.45M(41.6%)
MAIN EXPORTER (July 2024)Jiangsu Province$16.9M
MAIN DESTINATION (July 2024)United States$6.57M

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 (2022)$707M
IMPORTS (2022)$235M
NET TRADE (2022)$473M

In 2022, China exported $707M in Abrasive Powder. The main destinations of China exports on Abrasive Powder were United States ($69.2M), India ($64.9M), Vietnam ($59.1M), Russia ($40.2M), and Germany ($25.7M).

In 2022, China imported $235M in Abrasive Powder, mainly from Japan ($50.8M), United States ($50.7M), South Korea ($31.5M), Hong Kong ($21.9M), and Germany ($20.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$6.99M (21%)
India$6.96M (12%)
Singapore$3.96M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY China WERE (2021 - 2022):
China-$11M (-41.3%)
Hong Kong-$8.82M (-51.7%)
Germany-$6.07M (-19.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Abrasive Powder were:
Germany $883M
United States $605M
In 2022, China's main importing competitors in Abrasive Powder were:
United States $604M
Germany $585M
Poland $340M

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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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