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2022
Exports $13MWorld Rnk 7 / 89
Flag Rnk 1076 / 1216
2022
Destination $3.53M Japan
2021 - 2022
FASTEST GROWING MARKET $3.53MJapan
2022
Imports $262MWorld Rnk 1 / 171
Flag Rnk 469 / 1212
2022
Origin $30.5M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $30.5MTurkey
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $13M in Boron, making it the 7th largest exporter of Boron in the world. At the same year, Boron was the 1076th most exported product in China. The main destination of Boron exports from China are: Japan ($5.45M), India ($1.04M), South Korea ($910k), Australia ($854k), and United States ($594k).

The fastest growing export markets for Boron of China between 2021 and 2022 were Japan ($3.53M), Nigeria ($402k), and Australia ($313k).

Imports In 2022, China imported $262M in Boron, becoming the 1st largest importer of Boron in the world. At the same year, Boron was the 469th most imported product in China. China imports Boron primarily from: Turkey ($93.9M), United States ($77.6M), Russia ($38.4M), Chile ($36.8M), and Peru ($6.84M).

The fastest growing import markets in Boron for China between 2021 and 2022 were Turkey ($30.5M), Russia ($29.5M), and United States ($23.3M).

Latest Trends

October 2024

About

Overview In October 2024 China's Boron exports accounted up to $500k and imports accounted up to $20M, resulting in a negative trade balance of $19.5M. Between October 2023 and October 2024 the exports of China's   Boron have increased by $271k (119%) from $229k to $500k, while imports increased by $1.05M (5.55%) from $19M to $20M.

Destinations In October 2024, Boron were exported mostly to India ($143k), Chinese Taipei ($48.1k), Togo ($39.6k), Australia ($34.1k), and Colombia ($30.9k), and were imported mostly from United States ($7.07M), Turkey ($6.82M), Chile ($2.76M), Russia ($2.56M), and Peru ($610k).

Growth In October 2024, the increase in Boron's year-by-year exports was explained primarily by an increase in exports to Spain ($6.56k or 11.4%), Australia ($3.05k or 13.4%), and Chile ($1.83k or 26.5%). In October 2024, the increase in Boron's year-by-year imports was explained primarily by an increase in imports from United States ($2.87M or 72.4%), Russia ($2.05M or 91.2%), and Turkey ($1.88M or 31.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$271k(119%)
IMPORT GROWTH (October 2023 - October 2024)$1.05M(5.55%)
MAIN EXPORTER (October 2024)Jiangsu Province$487k
MAIN DESTINATION (October 2024)India$143k

This section shows Boron'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 Boron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13M
IMPORTS (2022)$262M
NET TRADE (2022)-$248M

In 2022, China exported $13M in Boron. The main destinations of China exports on Boron were Japan ($5.45M), India ($1.04M), South Korea ($910k), Australia ($854k), and United States ($594k).

In 2022, China imported $262M in Boron, mainly from Turkey ($93.9M), United States ($77.6M), Russia ($38.4M), Chile ($36.8M), and Peru ($6.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boron EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$3.53M (183%)
Nigeria$402k (7.5k%)
Australia$313k (57.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boron BY China WERE (2021 - 2022):
Chinese Taipei-$554k (-55.7%)
Burma-$373k (-98.9%)
Pakistan-$281k (-81.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Boron were:
United States $202M
Turkey $194M
Chile $83.6M
In 2022, China's main importing competitors in Boron were:
Brazil $54.5M
South Korea $37.3M

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Trade Value of Boron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $442k
TOP IMPORT POTENTIALRussia+ $1.05M

Boron’s highest export potential is South Korea. With an export gap of $442k.   Boron’s highest import potential is Russia with an import gap of $1.05M.

See methodology.

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