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2023
Exports $16.5MWorld Rnk 4 / 40
Flag Rnk 1059 / 1215
2023
Destination $4.5M Indonesia
2022 - 2023
FASTEST GROWING MARKET $4.5MIndonesia
2023
Imports $55.8MWorld Rnk 3 / 83
Flag Rnk 746 / 1214
2023
Origin $1.82M Russia
2022 - 2023
FASTEST GROWING ORIGIN $1.82MRussia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $16.5M in Asbestos, making it the 4th largest exporter of Asbestos in the world. At the same year, Asbestos was the 1059th most exported product in China. The main destination of Asbestos exports from China are: Indonesia ($7.64M), Vietnam ($2.1M), South Africa ($1.84M), Thailand ($1.72M), and India ($1.31M).

The fastest growing export markets for Asbestos of China between 2022 and 2023 were Indonesia ($4.5M), South Africa ($1.84M), and Vietnam ($1.61M).

Imports In 2023, China imported $55.8M in Asbestos, becoming the 3rd largest importer of Asbestos in the world. At the same year, Asbestos was the 746th most imported product in China. China imports Asbestos primarily from: Russia ($55.8M), Netherlands ($25.9k), and United States ($7.3k).

The fastest growing import markets in Asbestos for China between 2022 and 2023 were Russia ($1.82M) and United States ($3.48k).

COMPANIES In 2024, leading companies such as ZF Friedrichshafen (12), Robert Bosch (3), and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Asbestos from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Asbestos exports accounted up to $1.74M and imports accounted up to $4.59M, resulting in a negative trade balance of $2.85M. Between December 2023 and December 2024 the exports of China's   Asbestos have increased by $272k (18.6%) from $1.46M to $1.74M, while imports increased by $2.89M (171%) from $1.7M to $4.59M.

Destinations In December 2024, Asbestos were exported mostly to Indonesia ($993k), Vietnam ($288k), Thailand ($199k), Laos ($113k), and Bangladesh ($45.9k), and were imported mostly from Russia ($4.58M) and Netherlands ($7.61k).

Growth In December 2024, the increase in Asbestos's year-by-year exports was explained primarily by an increase in exports to Vietnam ($144k or 7.18M%) and Indonesia ($41.8k or 2.68%). In December 2024, the increase in Asbestos's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$272k(18.6%)
IMPORT GROWTH (December 2023 - December 2024)$2.89M(171%)
MAIN EXPORTER (December 2024)Gansu Province$1.42M
MAIN DESTINATION (December 2024)Indonesia$993k

This section shows Asbestos'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 Asbestos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.5M
IMPORTS (2023)$55.8M
NET TRADE (2023)-$39.3M

In 2023, China exported $16.5M in Asbestos. The main destinations of China exports on Asbestos were Indonesia ($7.64M), Vietnam ($2.1M), South Africa ($1.84M), Thailand ($1.72M), and India ($1.31M).

In 2023, China imported $55.8M in Asbestos, mainly from Russia ($55.8M), Netherlands ($25.9k), and United States ($7.3k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asbestos EXPORT MARKETS FOR China WERE (2022 - 2023):
Indonesia$4.5M (143%)
South Africa$1.84M (1%)
Vietnam$1.61M (332%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asbestos BY China WERE (2022 - 2023):
Laos-$185k (-56.3%)
Iran-$155k (-100%)
Tanzania-$155k (-99.9%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Asbestos were:
Russia $279M
Brazil $103M
Kazakhstan $102M
In 2023, China's main importing competitors in Asbestos were:
India $253M
Indonesia $60M

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Trade Value of Asbestos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $642k
TOP IMPORT POTENTIALKazakhstan+ $1.17M

Asbestos’s highest export potential is India. With an export gap of $642k.   Asbestos’s highest import potential is Kazakhstan with an import gap of $1.17M.

See methodology.

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