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2022
Exports $317MWorld Rnk 1 / 92
Flag Rnk 1394 / 4606
falsefalse South Korea
2021 - 2022
FASTEST GROWING MARKETfalseSouth Korea
2022
Imports $28.6MWorld Rnk 13 / 172
Flag Rnk 2052 / 4539
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $317M in Carboxylic acids (alcohol function only), derivatives, making it the 1st largest exporter of Carboxylic acids (alcohol function only), derivatives in the world. At the same year, Carboxylic acids (alcohol function only), derivatives was the 1394th most exported product in China. The main destination of Carboxylic acids (alcohol function only), derivatives exports from China are: South Korea ($45.5M), United States ($45.4M), India ($24.1M), Germany ($22.6M), and Russia ($20.4M).

The fastest growing export markets for Carboxylic acids (alcohol function only), derivatives of China between 2021 and 2022 were South Korea ($10.3M), Russia ($9.94M), and Germany ($7.32M).

Imports In 2022, China imported $28.6M in Carboxylic acids (alcohol function only), derivatives, becoming the 13th largest importer of Carboxylic acids (alcohol function only), derivatives in the world. At the same year, Carboxylic acids (alcohol function only), derivatives was the 2052nd most imported product in China. China imports Carboxylic acids (alcohol function only), derivatives primarily from: Japan ($8.75M), United States ($5.29M), Switzerland ($3.56M), Italy ($3.12M), and Germany ($1.39M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Carboxylic acids (alcohol function only), derivatives from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Carboxylic acids (alcohol function only), derivatives exports accounted up to $23.4M and imports accounted up to $3.22M, resulting in a positive trade balance of $20.2M. Between July 2023 and July 2024 the exports of China's   Carboxylic acids (alcohol function only), derivatives have increased by $2.19M (10.3%) from $21.2M to $23.4M, while imports increased by $366k (12.8%) from $2.86M to $3.22M.

Destinations In July 2024, Carboxylic acids (alcohol function only), derivatives were exported mostly to South Korea ($4.68M), United States ($3.5M), India ($2.19M), Netherlands ($1.14M), and Brazil ($899k), and were imported mostly from N/A.

Growth In July 2024, the increase in Carboxylic acids (alcohol function only), derivatives's year-by-year exports was explained primarily by an increase in exports to Netherlands ($1.86M or 98.8%), Turkey ($1.71M or 906%), and India ($1.1M or 61.7%). In July 2024, the increase in Carboxylic acids (alcohol function only), derivatives's year-by-year imports was explained primarily by an increase in imports from New Zealand ($1.85M or 2.4k%), India ($585k or 67.5%), and United States ($175k or 203%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.19M(10.3%)
IMPORT GROWTH (July 2023 - July 2024)$366k(12.8%)
MAIN EXPORTER (July 2024)Jiangsu Province$10.9M
MAIN DESTINATION (July 2024)South Korea$4.68M

This section shows Carboxylic acids (alcohol function only), derivatives'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 Carboxylic acids (alcohol function only), derivatives over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Carboxylic acids (alcohol function only), derivatives throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$317M
IMPORTS (2022)$28.6M
NET TRADE (2022)$289M

In 2022, China exported $317M in Carboxylic acids (alcohol function only), derivatives. The main destinations of China exports on Carboxylic acids (alcohol function only), derivatives were South Korea ($45.5M), United States ($45.4M), India ($24.1M), Germany ($22.6M), and Russia ($20.4M).

In 2022, China imported $28.6M in Carboxylic acids (alcohol function only), derivatives, mainly from Japan ($8.75M), United States ($5.29M), Switzerland ($3.56M), Italy ($3.12M), and Germany ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic acids (alcohol function only), derivatives EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$10.3M (29.3%)
Russia$9.94M (95.2%)
Germany$7.32M (47.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic acids (alcohol function only), derivatives BY China WERE (2021 - 2022):
France-$12.9M (-85.5%)
Canada-$4.97M (-35.1%)
Iran-$4.13M (-60.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Carboxylic acids (alcohol function only), derivatives were:
Italy $215M
India $140M
In 2022, China's main importing competitors in Carboxylic acids (alcohol function only), derivatives were:
United States $148M
Germany $137M
Italy $126M

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Trade Value of Carboxylic acids (alcohol function only), derivatives by Exporters

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