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2023
Exports $2.2BWorld Rnk 2 / 198
Flag Rnk 257 / 1215
2023
Destination $27.7M Vietnam
2022 - 2023
FASTEST GROWING MARKET $27.7MVietnam
2023
PRODUCT COMPLEXITY IN Glues1.23Rnk 98 / 1025
2023
Imports $1.3BWorld Rnk 1 / 226
Flag Rnk 182 / 1214
2023
Origin $26.7M South Korea
2022 - 2023
FASTEST GROWING ORIGIN $26.7MSouth Korea
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.2B in Glues, making it the 2nd largest exporter of Glues in the world. At the same year, Glues was the 257th most exported product in China. The main destination of Glues exports from China are: Vietnam ($361M), Russia ($131M), India ($131M), Brazil ($87.3M), and Chinese Taipei ($86M).

The fastest growing export markets for Glues of China between 2022 and 2023 were Vietnam ($27.7M), Russia ($27.5M), and South Korea ($8.25M).

Imports In 2023, China imported $1.3B in Glues, becoming the 1st largest importer of Glues in the world. At the same year, Glues was the 182nd most imported product in China. China imports Glues primarily from: South Korea ($326M), Germany ($245M), Chinese Taipei ($188M), Japan ($178M), and United States ($134M).

The fastest growing import markets in Glues for China between 2022 and 2023 were South Korea ($26.7M), Israel ($3.25M), and United Kingdom ($2.55M).

COMPANIES In 2024, leading companies such as DuPont (22), MerchSource (19), and TE Connectivity (11) were at the forefront of shipping Glues from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Glues exports accounted up to $303M and imports accounted up to $204M, resulting in a positive trade balance of $99.3M. Between December 2023 and December 2024 the exports of China's   Glues have increased by $68.3M (29.1%) from $235M to $303M, while imports increased by $4.32M (2.16%) from $200M to $204M.

Destinations In December 2024, Glues were exported mostly to Vietnam ($45.7M), India ($20M), Russia ($16M), Brazil ($14.5M), and United States ($13.6M), and were imported mostly from Japan ($80.8M), South Korea ($34.1M), Germany ($26.1M), Chinese Taipei ($18.1M), and United States ($16.7M).

Growth In December 2024, the increase in Glues's year-by-year exports was explained primarily by an increase in exports to Vietnam ($20M or 97.9%), Malaysia ($3.04M or 49.6%), and Thailand ($2.5M or 32.7%). In December 2024, the increase in Glues's year-by-year imports was explained primarily by an increase in imports from Japan ($11.3M or 22.9%), Chinese Taipei ($10.7M or 93.9%), and South Korea ($6.18M or 28.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$68.3M(29.1%)
IMPORT GROWTH (December 2023 - December 2024)$4.32M(2.16%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Vietnam$45.7M

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 (2023)$2.2B
IMPORTS (2023)$1.3B
NET TRADE (2023)$901M

In 2023, China exported $2.2B in Glues. The main destinations of China exports on Glues were Vietnam ($361M), Russia ($131M), India ($131M), Brazil ($87.3M), and Chinese Taipei ($86M).

In 2023, China imported $1.3B in Glues, mainly from South Korea ($326M), Germany ($245M), Chinese Taipei ($188M), Japan ($178M), and United States ($134M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glues EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$27.7M (8.32%)
Russia$27.5M (26.6%)
South Korea$8.25M (13.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues BY China WERE (2022 - 2023):
United States-$37.6M (-32%)
Czechia-$23M (-70.4%)
Chinese Taipei-$19M (-18.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Glues were:
Germany $2.48B
United States $1.76B
In 2023, China's main importing competitors in Glues were:
Germany $853M
Mexico $646M

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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.

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