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2022
Exports $681MWorld Rnk 11 / 123
Flag Rnk 528 / 1216
2022
Destination $67.2M South Korea
2021 - 2022
FASTEST GROWING MARKET $67.2MUnited States
2022
PRODUCT COMPLEXITY IN Acyclic Hydrocarbons0.31Rnk 441 / 1025
2022
Imports $5.81BWorld Rnk 1 / 196
Flag Rnk 59 / 1212
2022
Origin $487M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $487MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $681M in Acyclic Hydrocarbons, making it the 11th largest exporter of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 528th most exported product in China. The main destination of Acyclic Hydrocarbons exports from China are: South Korea ($152M), Chinese Taipei ($141M), United States ($74.9M), Russia ($64.5M), and India ($37.4M).

The fastest growing export markets for Acyclic Hydrocarbons of China between 2021 and 2022 were United States ($67.2M), Russia ($63.1M), and Chinese Taipei ($62.2M).

Imports In 2022, China imported $5.81B in Acyclic Hydrocarbons, becoming the 1st largest importer of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 59th most imported product in China. China imports Acyclic Hydrocarbons primarily from: South Korea ($2.59B), United States ($1.39B), Japan ($638M), Chinese Taipei ($628M), and United Arab Emirates ($84.3M).

The fastest growing import markets in Acyclic Hydrocarbons for China between 2021 and 2022 were United States ($487M), South Korea ($154M), and Oman ($48.6M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (2) and At Home Procurement (1) were at the forefront of shipping Acyclic Hydrocarbons from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Acyclic Hydrocarbons exports accounted up to $26.3M and imports accounted up to $723M, resulting in a negative trade balance of $696M. Between November 2023 and November 2024 the exports of China's   Acyclic Hydrocarbons have decreased by $-8.4M (-24.2%) from $34.7M to $26.3M, while imports increased by $177M (32.3%) from $546M to $723M.

Destinations In November 2024, Acyclic Hydrocarbons were exported mostly to Chinese Taipei ($7.1M), India ($5.36M), South Korea ($4.11M), Russia ($1.44M), and United States ($908k), and were imported mostly from South Korea ($286M), United States ($269M), Japan ($56.5M), Malaysia ($30.2M), and Iran ($9.76M).

Growth In November 2024, the decrease in Acyclic Hydrocarbons's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-3.9M or -92.1%), Malaysia ($-1.38M or -93.9%), and Thailand ($-1.08M or -93.8%). In November 2024, the increase in Acyclic Hydrocarbons's year-by-year imports was explained primarily by an increase in imports from United States ($103M or 62.2%), South Korea ($36.2M or 19.3%), and United Arab Emirates ($13.3M or 247%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-8.4M(-24.2%)
IMPORT GROWTH (November 2023 - November 2024)$177M(32.3%)
MAIN EXPORTER (November 2024)Shanghai Province$34.4M
MAIN DESTINATION (November 2024)Chinese Taipei$7.1M

This section shows Acyclic Hydrocarbons'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 Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$681M
IMPORTS (2022)$5.81B
NET TRADE (2022)-$5.13B

In 2022, China exported $681M in Acyclic Hydrocarbons. The main destinations of China exports on Acyclic Hydrocarbons were South Korea ($152M), Chinese Taipei ($141M), United States ($74.9M), Russia ($64.5M), and India ($37.4M).

In 2022, China imported $5.81B in Acyclic Hydrocarbons, mainly from South Korea ($2.59B), United States ($1.39B), Japan ($638M), Chinese Taipei ($628M), and United Arab Emirates ($84.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acyclic Hydrocarbons EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$67.2M (873%)
Russia$63.1M (4.6k%)
Chinese Taipei$62.2M (79.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acyclic Hydrocarbons BY China WERE (2021 - 2022):
South Korea-$114M (-42.8%)
Mexico-$31M (-96.9%)
Aruba-$29.4M (-100%)
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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 Hydrocarbons were:
United States $8.1B
South Korea $3.75B
Netherlands $2.66B
In 2022, China's main importing competitors in Acyclic Hydrocarbons were:
Belgium $3.29B
United States $2.08B

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Trade Value of Acyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $50.2M
TOP IMPORT POTENTIALRussia+ $58.2M

Acyclic Hydrocarbons’s highest export potential is India. With an export gap of $50.2M.   Acyclic Hydrocarbons’s highest import potential is Russia with an import gap of $58.2M.

See methodology.

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