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2022
Exports $2.52BWorld Rnk 5 / 156
Flag Rnk 256 / 1216
2022
Destination $56.5M India
2021 - 2022
FASTEST GROWING MARKET $56.5MTurkey
2022
PRODUCT COMPLEXITY IN Acyclic Alcohols-0.29Rnk 645 / 1025
2022
Imports $8.76BWorld Rnk 1 / 207
Flag Rnk 38 / 1212
2022
Origin $1.03B Saudi Arabia
2021 - 2022
FASTEST GROWING ORIGIN $1.03BSaudi Arabia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.52B in Acyclic Alcohols, making it the 5th largest exporter of Acyclic Alcohols in the world. At the same year, Acyclic Alcohols was the 256th most exported product in China. The main destination of Acyclic Alcohols exports from China are: India ($289M), South Korea ($190M), Turkey ($190M), Indonesia ($171M), and United States ($166M).

The fastest growing export markets for Acyclic Alcohols of China between 2021 and 2022 were Turkey ($56.5M), India ($42.2M), and Italy ($40M).

Imports In 2022, China imported $8.76B in Acyclic Alcohols, becoming the 1st largest importer of Acyclic Alcohols in the world. At the same year, Acyclic Alcohols was the 38th most imported product in China. China imports Acyclic Alcohols primarily from: Saudi Arabia ($2.86B), Iran ($826M), United States ($571M), Canada ($563M), and Chinese Taipei ($552M).

The fastest growing import markets in Acyclic Alcohols for China between 2021 and 2022 were Saudi Arabia ($1.03B), Kuwait ($380M), and Canada ($212M).

COMPANIES In 2023, leading companies such as The Brick (92), General Motors (63), and Costco Wholesale (61) were at the forefront of shipping Acyclic Alcohols from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Acyclic Alcohols exports accounted up to $192M and imports accounted up to $764M, resulting in a negative trade balance of $573M. Between October 2023 and October 2024 the exports of China's   Acyclic Alcohols have increased by $48.5M (33.8%) from $143M to $192M, while imports decreased by $-98.5M (-11.4%) from $863M to $764M.

Destinations In October 2024, Acyclic Alcohols were exported mostly to Vietnam ($17.1M), South Korea ($14.9M), India ($14.3M), Russia ($13.4M), and Indonesia ($10.1M), and were imported mostly from Saudi Arabia ($209M), Oman ($147M), United Arab Emirates ($64.8M), United States ($50.2M), and Iran ($42.3M).

Growth In October 2024, the increase in Acyclic Alcohols's year-by-year exports was explained primarily by an increase in exports to Italy ($5.01M or 84.6%), Germany ($4.8M or 87.3%), and Russia ($1.83M or 24.7%). In October 2024, the decrease in Acyclic Alcohols's year-by-year imports was explained primarily by a decrease in imports from Saudi Arabia ($-153M or -47.2%), Iran ($-93.5M or -73.3%), and Chinese Taipei ($-79.7M or -70.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$48.5M(33.8%)
IMPORT GROWTH (October 2023 - October 2024)$-98.5M(-11.4%)
MAIN EXPORTER (October 2024)Shandong Province$102M
MAIN DESTINATION (October 2024)Vietnam$17.1M

This section shows Acyclic Alcohols'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 Acyclic Alcohols over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.52B
IMPORTS (2022)$8.76B
NET TRADE (2022)-$6.24B

In 2022, China exported $2.52B in Acyclic Alcohols. The main destinations of China exports on Acyclic Alcohols were India ($289M), South Korea ($190M), Turkey ($190M), Indonesia ($171M), and United States ($166M).

In 2022, China imported $8.76B in Acyclic Alcohols, mainly from Saudi Arabia ($2.86B), Iran ($826M), United States ($571M), Canada ($563M), and Chinese Taipei ($552M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acyclic Alcohols EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$56.5M (42.3%)
India$42.2M (17.1%)
Italy$40M (69.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acyclic Alcohols BY China WERE (2021 - 2022):
South Korea-$62.7M (-24.8%)
United States-$38.6M (-18.9%)
Chinese Taipei-$31.7M (-35.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Acyclic Alcohols were:
Saudi Arabia $6.19B
United States $5.02B
Germany $3.05B
In 2022, China's main importing competitors in Acyclic Alcohols were:
India $3.73B
United States $2.3B

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Trade Value of Acyclic Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $184M
TOP IMPORT POTENTIALSaudi Arabia+ $225M

Acyclic Alcohols’s highest export potential is India. With an export gap of $184M.   Acyclic Alcohols’s highest import potential is Saudi Arabia with an import gap of $225M.

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