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2022
Exports $2.15BWorld Rnk 9 / 120
Flag Rnk 285 / 1216
2022
Destination $418M South Korea
2021 - 2022
FASTEST GROWING MARKET $418MSouth Korea
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons0.72Rnk 268 / 1025
2022
Imports $16.5BWorld Rnk 1 / 194
Flag Rnk 23 / 1212
2022
Origin $295M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $295MSouth Korea
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.15B in Cyclic Hydrocarbons, making it the 9th largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 285th most exported product in China. The main destination of Cyclic Hydrocarbons exports from China are: South Korea ($583M), India ($318M), Singapore ($202M), Chinese Taipei ($157M), and Turkey ($125M).

The fastest growing export markets for Cyclic Hydrocarbons of China between 2021 and 2022 were South Korea ($418M), Singapore ($200M), and India ($163M).

Imports In 2022, China imported $16.5B in Cyclic Hydrocarbons, becoming the 1st largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 23rd most imported product in China. China imports Cyclic Hydrocarbons primarily from: South Korea ($6.28B), Japan ($1.92B), Brunei ($1.87B), Chinese Taipei ($1.56B), and Singapore ($1.19B).

The fastest growing import markets in Cyclic Hydrocarbons for China between 2021 and 2022 were South Korea ($295M), Brunei ($185M), and Japan ($127M).

COMPANIES In 2023, leading companies such as Goplus (63), DuPont (49), and Dow Chemical (5) were at the forefront of shipping Cyclic Hydrocarbons from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Cyclic Hydrocarbons exports accounted up to $66.7M and imports accounted up to $1.34B, resulting in a negative trade balance of $1.27B. Between October 2023 and October 2024 the exports of China's   Cyclic Hydrocarbons have decreased by $-55.1M (-45.2%) from $122M to $66.7M, while imports increased by $130M (10.7%) from $1.21B to $1.34B.

Destinations In October 2024, Cyclic Hydrocarbons were exported mostly to South Korea ($12.9M), Chinese Taipei ($7.58M), India ($6.33M), Singapore ($5.49M), and Malaysia ($5.33M), and were imported mostly from South Korea ($573M), Japan ($212M), Brunei ($130M), Singapore ($80.6M), and Vietnam ($60.3M).

Growth In October 2024, the decrease in Cyclic Hydrocarbons's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-11.1M or -89.9%), Germany ($-10.1M or -96.7%), and Japan ($-4.82M or -73.9%). In October 2024, the increase in Cyclic Hydrocarbons's year-by-year imports was explained primarily by an increase in imports from Oman ($31.2M or 329%), Malaysia ($6.87M or 30.2%), and Belgium ($455k or 47.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-55.1M(-45.2%)
IMPORT GROWTH (October 2023 - October 2024)$130M(10.7%)
MAIN EXPORTER (October 2024)Zhejiang Province$55.5M
MAIN DESTINATION (October 2024)South Korea$12.9M

This section shows Cyclic Hydrocarbons'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 Cyclic Hydrocarbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.15B
IMPORTS (2022)$16.5B
NET TRADE (2022)-$14.3B

In 2022, China exported $2.15B in Cyclic Hydrocarbons. The main destinations of China exports on Cyclic Hydrocarbons were South Korea ($583M), India ($318M), Singapore ($202M), Chinese Taipei ($157M), and Turkey ($125M).

In 2022, China imported $16.5B in Cyclic Hydrocarbons, mainly from South Korea ($6.28B), Japan ($1.92B), Brunei ($1.87B), Chinese Taipei ($1.56B), and Singapore ($1.19B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$418M (254%)
Singapore$200M (10k%)
India$163M (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY China WERE (2021 - 2022):
China-$47.7M (-51.3%)
Germany-$41.5M (-46%)
Pakistan-$18.6M (-91.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cyclic Hydrocarbons were:
South Korea $9.79B
Netherlands $3.95B
United States $3.94B
In 2022, China's main importing competitors in Cyclic Hydrocarbons were:
United States $3.94B
Belgium $3.67B

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $180M
TOP IMPORT POTENTIALIndia+ $477M

Cyclic Hydrocarbons’s highest export potential is India. With an export gap of $180M.   Cyclic Hydrocarbons’s highest import potential is India with an import gap of $477M.

See methodology.

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