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2023
Exports $1.15BWorld Rnk 1 / 111
Flag Rnk 390 / 1215
2023
Destination $30.7M Thailand
2022 - 2023
FASTEST GROWING MARKET $30.7MSlovakia
2023
PRODUCT COMPLEXITY IN Carbon0.3Rnk 457 / 1025
2023
Imports $494MWorld Rnk 1 / 173
Flag Rnk 342 / 1214
2023
Origin $165M Russia
2022 - 2023
FASTEST GROWING ORIGIN $165MRussia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.15B in Carbon, making it the 1st largest exporter of Carbon in the world. At the same year, Carbon was the 390th most exported product in China. The main destination of Carbon exports from China are: Thailand ($237M), Vietnam ($228M), Indonesia ($118M), Poland ($90.2M), and Slovakia ($57.2M).

The fastest growing export markets for Carbon of China between 2022 and 2023 were Slovakia ($30.7M), Czechia ($24M), and Cambodia ($23M).

Imports In 2023, China imported $494M in Carbon, becoming the 1st largest importer of Carbon in the world. At the same year, Carbon was the 342nd most imported product in China. China imports Carbon primarily from: Russia ($185M), Belgium ($84.5M), Japan ($67.8M), South Korea ($48.3M), and United States ($27.9M).

The fastest growing import markets in Carbon for China between 2022 and 2023 were Russia ($165M), South Korea ($13.7M), and Belgium ($11.8M).

COMPANIES In 2024, leading companies such as Tmall (2) were at the forefront of shipping Carbon from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Carbon exports accounted up to $125M and imports accounted up to $51.9M, resulting in a positive trade balance of $73.5M. Between December 2023 and December 2024 the exports of China's   Carbon have increased by $26.5M (26.8%) from $98.9M to $125M, while imports increased by $4.35M (9.15%) from $47.6M to $51.9M.

Destinations In December 2024, Carbon were exported mostly to Thailand ($33.6M), Vietnam ($30M), Indonesia ($12M), Cambodia ($10.8M), and Serbia ($6.05M), and were imported mostly from Russia ($15M), Belgium ($11.5M), Japan ($9.55M), South Korea ($4.59M), and Germany ($3.14M).

Growth In December 2024, the increase in Carbon's year-by-year exports was explained primarily by an increase in exports to Thailand ($16.3M or 60.8%), Vietnam ($10.6M or 70.8%), and Cambodia ($4.78M or 258%). In December 2024, the increase in Carbon's year-by-year imports was explained primarily by an increase in imports from Russia ($6.37M or 51.5%), Belgium ($2.86M or 76.2%), and South Korea ($1.94M or 69.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$26.5M(26.8%)
IMPORT GROWTH (December 2023 - December 2024)$4.35M(9.15%)
MAIN EXPORTER (December 2024)Shandong Province$48.6M
MAIN DESTINATION (December 2024)Thailand$33.6M

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.15B
IMPORTS (2023)$494M
NET TRADE (2023)$653M

In 2023, China exported $1.15B in Carbon. The main destinations of China exports on Carbon were Thailand ($237M), Vietnam ($228M), Indonesia ($118M), Poland ($90.2M), and Slovakia ($57.2M).

In 2023, China imported $494M in Carbon, mainly from Russia ($185M), Belgium ($84.5M), Japan ($67.8M), South Korea ($48.3M), and United States ($27.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR China WERE (2022 - 2023):
Slovakia$30.7M (116%)
Czechia$24M (244%)
Cambodia$23M (913%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY China WERE (2022 - 2023):
Thailand-$126M (-34.7%)
Poland-$85.3M (-48.6%)
Vietnam-$83.4M (-26.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Carbon were:
Russia $862M
Germany $481M
In 2023, China's main importing competitors in Carbon were:
Thailand $471M
Poland $449M

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $30.9M
TOP IMPORT POTENTIALRussia+ $22.7M

Carbon’s highest export potential is India. With an export gap of $30.9M.   Carbon’s highest import potential is Russia with an import gap of $22.7M.

See methodology.

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