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2022
Exports $2.07BWorld Rnk 3 / 164
Flag Rnk 291 / 1216
2022
Destination $90.9M India
2021 - 2022
FASTEST GROWING MARKET $90.9MRussia
2022
PRODUCT COMPLEXITY IN Acrylic Polymers1.24Rnk 101 / 1025
2022
Imports $2.3BWorld Rnk 1 / 213
Flag Rnk 138 / 1212
2022
Origin $5.96M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $5.96MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.07B in Acrylic Polymers, making it the 3rd largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 291st most exported product in China. The main destination of Acrylic Polymers exports from China are: India ($257M), Vietnam ($143M), Russia ($139M), United States ($124M), and Indonesia ($124M).

The fastest growing export markets for Acrylic Polymers of China between 2021 and 2022 were Russia ($90.9M), India ($40.7M), and United States ($38M).

Imports In 2022, China imported $2.3B in Acrylic Polymers, becoming the 1st largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 138th most imported product in China. China imports Acrylic Polymers primarily from: South Korea ($701M), Japan ($389M), Chinese Taipei ($283M), Malaysia ($174M), and Singapore ($169M).

The fastest growing import markets in Acrylic Polymers for China between 2021 and 2022 were Hong Kong ($5.96M), Belgium ($4.95M), and Norway ($3.03M).

COMPANIES In 2023, leading companies such as Amazon (4), 99 Cents Only Stores (2), and H&M Clothing (1) were at the forefront of shipping Acrylic Polymers from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Acrylic Polymers exports accounted up to $203M and imports accounted up to $213M, resulting in a negative trade balance of $10.6M. Between October 2023 and October 2024 the exports of China's   Acrylic Polymers have increased by $47.1M (30.3%) from $156M to $203M, while imports increased by $28.8M (15.6%) from $185M to $213M.

Destinations In October 2024, Acrylic Polymers were exported mostly to Russia ($17.8M), India ($17.6M), Vietnam ($15.6M), Indonesia ($10.5M), and Canada ($9.92M), and were imported mostly from South Korea ($76.1M), Japan ($35.9M), Chinese Taipei ($22.8M), Malaysia ($21.6M), and United States ($12M).

Growth In October 2024, the increase in Acrylic Polymers's year-by-year exports was explained primarily by an increase in exports to Russia ($9.8M or 235%), Pakistan ($1.07M or 29.7%), and Brazil ($1.02M or 21.2%). In October 2024, the increase in Acrylic Polymers's year-by-year imports was explained primarily by an increase in imports from Sweden ($1.19M or 185%), Switzerland ($319k or 80.1%), and India ($215k or 135%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$47.1M(30.3%)
IMPORT GROWTH (October 2023 - October 2024)$28.8M(15.6%)
MAIN EXPORTER (October 2024)Shandong Province$52.4M
MAIN DESTINATION (October 2024)Russia$17.8M

This section shows Acrylic 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 Acrylic Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.07B
IMPORTS (2022)$2.3B
NET TRADE (2022)-$228M

In 2022, China exported $2.07B in Acrylic Polymers. The main destinations of China exports on Acrylic Polymers were India ($257M), Vietnam ($143M), Russia ($139M), United States ($124M), and Indonesia ($124M).

In 2022, China imported $2.3B in Acrylic Polymers, mainly from South Korea ($701M), Japan ($389M), Chinese Taipei ($283M), Malaysia ($174M), and Singapore ($169M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$90.9M (190%)
India$40.7M (18.8%)
United States$38M (44.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY China WERE (2021 - 2022):
Oman-$12.6M (-44.4%)
Chinese Taipei-$6.35M (-14.3%)
Hong Kong-$6.09M (-48.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Acrylic Polymers were:
Germany $2.92B
South Korea $2.11B
In 2022, China's main importing competitors in Acrylic Polymers were:
United States $1.43B
Germany $1.39B

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $99.3M
TOP IMPORT POTENTIALUnited States+ $57.3M

Acrylic Polymers’s highest export potential is India. With an export gap of $99.3M.   Acrylic Polymers’s highest import potential is United States with an import gap of $57.3M.

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