NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $3.46BWorld Rnk 1 / 149
Flag Rnk 176 / 1215
2023
Destination $7.66M India
2022 - 2023
FASTEST GROWING MARKET $7.66MGuatemala
2023
PRODUCT COMPLEXITY IN Carboxylic Acids0.81Rnk 249 / 1025
2023
Imports $224MWorld Rnk 16 / 211
Flag Rnk 484 / 1214
2023
Origin $6.34M Singapore
2022 - 2023
FASTEST GROWING ORIGIN $6.34MThailand
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $3.46B in Carboxylic Acids, making it the 1st largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 176th most exported product in China. The main destination of Carboxylic Acids exports from China are: India ($371M), United States ($252M), Japan ($224M), Germany ($164M), and Russia ($145M).

The fastest growing export markets for Carboxylic Acids of China between 2022 and 2023 were Guatemala ($7.66M), Ethiopia ($2.66M), and Macau ($516k).

Imports In 2023, China imported $224M in Carboxylic Acids, becoming the 16th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 484th most imported product in China. China imports Carboxylic Acids primarily from: Singapore ($35.3M), Japan ($27.7M), Thailand ($22.9M), Germany ($22.1M), and Switzerland ($20.5M).

The fastest growing import markets in Carboxylic Acids for China between 2022 and 2023 were Thailand ($6.34M), New Zealand ($3.95M), and Germany ($2.21M).

COMPANIES In 2024, leading companies such as IKEA Group (168), Teknor Apex (37), and Electrolux (8) were at the forefront of shipping Carboxylic Acids from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Carboxylic Acids exports accounted up to $309M and imports accounted up to $22.1M, resulting in a positive trade balance of $287M. Between December 2023 and December 2024 the exports of China's   Carboxylic Acids have increased by $32.8M (11.9%) from $276M to $309M, while imports increased by $4.54M (25.8%) from $17.6M to $22.1M.

Destinations In December 2024, Carboxylic Acids were exported mostly to India ($29.5M), United States ($27.6M), Russia ($15.9M), Japan ($14.2M), and Netherlands ($13.9M), and were imported mostly from Japan ($3.18M), Singapore ($3.03M), Thailand ($2.39M), India ($2.31M), and Switzerland ($2.17M).

Growth In December 2024, the increase in Carboxylic Acids's year-by-year exports was explained primarily by an increase in exports to Argentina ($4.98M or 126%), South Korea ($2.27M or 17.4%), and Spain ($2.13M or 28.2%). In December 2024, the increase in Carboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($372k or 35.9%), Spain ($337k or 726%), and Switzerland ($317k or 32.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$32.8M(11.9%)
IMPORT GROWTH (December 2023 - December 2024)$4.54M(25.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)India$29.5M

This section shows Carboxylic Acids'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 over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$3.46B
IMPORTS (2023)$224M
NET TRADE (2023)$3.24B

In 2023, China exported $3.46B in Carboxylic Acids. The main destinations of China exports on Carboxylic Acids were India ($371M), United States ($252M), Japan ($224M), Germany ($164M), and Russia ($145M).

In 2023, China imported $224M in Carboxylic Acids, mainly from Singapore ($35.3M), Japan ($27.7M), Thailand ($22.9M), Germany ($22.1M), and Switzerland ($20.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR China WERE (2022 - 2023):
Guatemala$7.66M (25.6%)
Ethiopia$2.66M (93.8%)
Macau$516k (263%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY China WERE (2022 - 2023):
United States-$312M (-55.3%)
Mexico-$140M (-53.3%)
Japan-$111M (-33.2%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Carboxylic Acids were:
India $879M
Germany $667M
In 2023, China's main importing competitors in Carboxylic Acids were:
United States $1.56B
Germany $763M
India $557M

Explore Visualizations

Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $164M
TOP IMPORT POTENTIALIndia+ $22M

Carboxylic Acids’s highest export potential is India. With an export gap of $164M.   Carboxylic Acids’s highest import potential is India with an import gap of $22M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms