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2022
Exports $2.73BWorld Rnk 1 / 195
Flag Rnk 249 / 1216
2022
Destination $66.8M Vietnam
2021 - 2022
FASTEST GROWING MARKET $66.8MVietnam
2022
PRODUCT COMPLEXITY IN Glues1.14Rnk 119 / 1025
2022
Imports $1.3BWorld Rnk 1 / 224
Flag Rnk 184 / 1212
2022
Origin $10.7M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.7MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.73B in Glues, making it the 1st largest exporter of Glues in the world. At the same year, Glues was the 249th most exported product in China. The main destination of Glues exports from China are: Vietnam ($399M), India ($153M), United States ($126M), Hong Kong ($113M), and Chinese Taipei ($112M).

The fastest growing export markets for Glues of China between 2021 and 2022 were Vietnam ($66.8M), Russia ($47.9M), and Brazil ($42.7M).

Imports In 2022, China imported $1.3B in Glues, becoming the 1st largest importer of Glues in the world. At the same year, Glues was the 184th most imported product in China. China imports Glues primarily from: Germany ($255M), South Korea ($240M), Japan ($193M), Chinese Taipei ($185M), and United States ($126M).

The fastest growing import markets in Glues for China between 2021 and 2022 were Italy ($10.7M), Mexico ($5.95M), and Thailand ($5.66M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (21), DuPont (16), and MerchSource (14) were at the forefront of shipping Glues from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Glues exports accounted up to $253M and imports accounted up to $206M, resulting in a positive trade balance of $47.2M. Between October 2023 and October 2024 the exports of China's   Glues have increased by $43.6M (20.8%) from $209M to $253M, while imports increased by $12.1M (6.25%) from $194M to $206M.

Destinations In October 2024, Glues were exported mostly to Vietnam ($38.7M), India ($21.1M), Russia ($14.8M), United States ($10.8M), and Indonesia ($9.82M), and were imported mostly from Japan ($83.8M), South Korea ($29.4M), Germany ($28.2M), United States ($17.1M), and Chinese Taipei ($16.9M).

Growth In October 2024, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to Russia ($5.34M or 76.5%), Saudi Arabia ($1.19M or 41.8%), and Kyrgyzstan ($1M or 310%). In October 2024, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from Italy ($2.24M or 46.7%), France ($1.49M or 105%), and Belgium ($481k or 77.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$43.6M(20.8%)
IMPORT GROWTH (October 2023 - October 2024)$12.1M(6.25%)
MAIN EXPORTER (October 2024)Guangdong Province$79.9M
MAIN DESTINATION (October 2024)Vietnam$38.7M

This section shows Glues'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 Glues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.73B
IMPORTS (2022)$1.3B
NET TRADE (2022)$1.43B

In 2022, China exported $2.73B in Glues. The main destinations of China exports on Glues were Vietnam ($399M), India ($153M), United States ($126M), Hong Kong ($113M), and Chinese Taipei ($112M).

In 2022, China imported $1.3B in Glues, mainly from Germany ($255M), South Korea ($240M), Japan ($193M), Chinese Taipei ($185M), and United States ($126M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$66.8M (20.1%)
Russia$47.9M (86.1%)
Brazil$42.7M (61.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY China WERE (2021 - 2022):
China-$80.7M (-66.7%)
Hong Kong-$48.5M (-30%)
Germany-$22.6M (-37.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Glues were:
Germany $2.52B
United States $1.82B
In 2022, China's main importing competitors in Glues were:
Germany $816M
Vietnam $750M

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Trade Value of Glues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $71.8M
TOP IMPORT POTENTIALUnited States+ $36.7M

Glues’s highest export potential is India. With an export gap of $71.8M.   Glues’s highest import potential is United States with an import gap of $36.7M.

See methodology.

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