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2022
Exports $3.81BWorld Rnk 2 / 158
Flag Rnk 186 / 1216
2022
Destination $81.9M United States
2021 - 2022
FASTEST GROWING MARKET $81.9MRussia
2022
PRODUCT COMPLEXITY IN Amino-resins1.18Rnk 111 / 1025
2022
Imports $1.8BWorld Rnk 1 / 215
Flag Rnk 153 / 1212
2022
Origin $132M Japan
2021 - 2022
FASTEST GROWING ORIGIN $132MSaudi Arabia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.81B in Amino-resins, making it the 2nd largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 186th most exported product in China. The main destination of Amino-resins exports from China are: United States ($509M), Vietnam ($319M), India ($312M), Netherlands ($288M), and South Korea ($230M).

The fastest growing export markets for Amino-resins of China between 2021 and 2022 were Russia ($81.9M), Vietnam ($68.5M), and United Arab Emirates ($57.1M).

Imports In 2022, China imported $1.8B in Amino-resins, becoming the 1st largest importer of Amino-resins in the world. At the same year, Amino-resins was the 153rd most imported product in China. China imports Amino-resins primarily from: Japan ($337M), South Korea ($309M), Chinese Taipei ($294M), Germany ($259M), and Saudi Arabia ($207M).

The fastest growing import markets in Amino-resins for China between 2021 and 2022 were Saudi Arabia ($132M), United States ($8.4M), and Germany ($7.78M).

COMPANIES In 2023, leading companies such as General Motors (93), Giti Tire (3), and Direct Link (3) were at the forefront of shipping Amino-resins from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Amino-resins exports accounted up to $293M and imports accounted up to $111M, resulting in a positive trade balance of $182M. Between October 2023 and October 2024 the exports of China's   Amino-resins have increased by $115M (64.8%) from $178M to $293M, while imports decreased by $-7.68M (-6.48%) from $119M to $111M.

Destinations In October 2024, Amino-resins were exported mostly to Russia ($40.3M), United States ($30.9M), Canada ($25.6M), Vietnam ($25.3M), and Turkey ($18M), and were imported mostly from South Korea ($31.8M), Japan ($27.6M), Chinese Taipei ($16.5M), Germany ($10.2M), and United States ($5.14M).

Growth In October 2024, the increase in Amino-resins's year-by-year exports was explained primarily by an increase in exports to Russia ($17.8M or 209%), Belgium ($9.22M or 1.35k%), and Turkey ($8.2M or 74.1%). In October 2024, the decrease in Amino-resins's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-18.2M or -49.9%), Chinese Taipei ($-15.1M or -47.3%), and Japan ($-9.07M or -29.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$115M(64.8%)
IMPORT GROWTH (October 2023 - October 2024)$-7.68M(-6.48%)
MAIN EXPORTER (October 2024)Zhejiang Province$141M
MAIN DESTINATION (October 2024)Russia$40.3M

This section shows Amino-resins'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 Amino-resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.81B
IMPORTS (2022)$1.8B
NET TRADE (2022)$2.01B

In 2022, China exported $3.81B in Amino-resins. The main destinations of China exports on Amino-resins were United States ($509M), Vietnam ($319M), India ($312M), Netherlands ($288M), and South Korea ($230M).

In 2022, China imported $1.8B in Amino-resins, mainly from Japan ($337M), South Korea ($309M), Chinese Taipei ($294M), Germany ($259M), and Saudi Arabia ($207M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$81.9M (60.6%)
Vietnam$68.5M (27.4%)
United Arab Emirates$57.1M (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY China WERE (2021 - 2022):
United States-$75M (-12.8%)
Canada-$23.6M (-12%)
Germany-$20.6M (-61.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Amino-resins were:
Germany $3.83B
Belgium $2.23B
In 2022, China's main importing competitors in Amino-resins were:
United States $1.72B
Germany $1.69B

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $163M
TOP IMPORT POTENTIALGermany+ $54.2M

Amino-resins’s highest export potential is India. With an export gap of $163M.   Amino-resins’s highest import potential is Germany with an import gap of $54.2M.

See methodology.

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