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2022
Exports $71.5MWorld Rnk 2 / 69
Flag Rnk 915 / 1216
2022
Destination $5.71M Japan
2021 - 2022
FASTEST GROWING MARKET $5.71MUnited Kingdom
2022
Imports $10.3MWorld Rnk 14 / 145
Flag Rnk 1001 / 1212
2022
Origin $1.79M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $1.79MSouth Africa
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $71.5M in Chromium Oxides and Hydroxides, making it the 2nd largest exporter of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 915th most exported product in China. The main destination of Chromium Oxides and Hydroxides exports from China are: Japan ($11.1M), United States ($8.99M), United Kingdom ($6.9M), Spain ($6.51M), and New Zealand ($5.55M).

The fastest growing export markets for Chromium Oxides and Hydroxides of China between 2021 and 2022 were United Kingdom ($5.71M), Spain ($4.65M), and United States ($3.38M).

Imports In 2022, China imported $10.3M in Chromium Oxides and Hydroxides, becoming the 14th largest importer of Chromium Oxides and Hydroxides in the world. At the same year, Chromium Oxides and Hydroxides was the 1001st most imported product in China. China imports Chromium Oxides and Hydroxides primarily from: South Africa ($3.56M), United States ($2.19M), Germany ($1.57M), Hong Kong ($1.41M), and Turkey ($890k).

The fastest growing import markets in Chromium Oxides and Hydroxides for China between 2021 and 2022 were South Africa ($1.79M), France ($45.4k), and United States ($42.9k).

Latest Trends

July 2024

About

Overview In July 2024 China's Chromium Oxides and Hydroxides exports accounted up to $6.41M and imports accounted up to $1.48M, resulting in a positive trade balance of $4.94M. Between July 2023 and July 2024 the exports of China's   Chromium Oxides and Hydroxides have increased by $1.35M (26.7%) from $5.06M to $6.41M, while imports increased by $1.11M (299%) from $370k to $1.48M.

Destinations In July 2024, Chromium Oxides and Hydroxides were exported mostly to Japan ($1.05M), New Zealand ($708k), Spain ($657k), South Korea ($648k), and Mexico ($616k), and were imported mostly from South Africa ($368k), Russia ($354k), Kazakhstan ($234k), United States ($222k), and Turkey ($135k).

Growth In July 2024, the increase in Chromium Oxides and Hydroxides's year-by-year exports was explained primarily by an increase in exports to South Korea ($419k or 97.7%), New Zealand ($417k or 4.3k%), and Chinese Taipei ($361k or 11.3k%). In July 2024, the increase in Chromium Oxides and Hydroxides's year-by-year imports was explained primarily by an increase in imports from United States ($395k or 593%), South Africa ($216k or 387%), and Germany ($66.7k or 38.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$1.35M(26.7%)
IMPORT GROWTH (July 2023 - July 2024)$1.11M(299%)
MAIN EXPORTER (July 2024)Chongqing$1.91M
MAIN DESTINATION (July 2024)Japan$1.05M

This section shows Chromium Oxides and Hydroxides'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 Chromium Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.5M
IMPORTS (2022)$10.3M
NET TRADE (2022)$61.2M

In 2022, China exported $71.5M in Chromium Oxides and Hydroxides. The main destinations of China exports on Chromium Oxides and Hydroxides were Japan ($11.1M), United States ($8.99M), United Kingdom ($6.9M), Spain ($6.51M), and New Zealand ($5.55M).

In 2022, China imported $10.3M in Chromium Oxides and Hydroxides, mainly from South Africa ($3.56M), United States ($2.19M), Germany ($1.57M), Hong Kong ($1.41M), and Turkey ($890k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Oxides and Hydroxides EXPORT MARKETS FOR China WERE (2021 - 2022):
United Kingdom$5.71M (483%)
Spain$4.65M (250%)
United States$3.38M (60.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Oxides and Hydroxides BY China WERE (2021 - 2022):
South Korea-$896k (-19.5%)
Austria-$640k (-100%)
Chinese Taipei-$600k (-25.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Chromium Oxides and Hydroxides were:
Kazakhstan $242M
Germany $64M
In 2022, China's main importing competitors in Chromium Oxides and Hydroxides were:
Estonia $100M
Spain $46.6M
United States $42.9M

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Trade Value of Chromium Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.92M
TOP IMPORT POTENTIALKazakhstan+ $594k

Chromium Oxides and Hydroxides’s highest export potential is India. With an export gap of $1.92M.   Chromium Oxides and Hydroxides’s highest import potential is Kazakhstan with an import gap of $594k.

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