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2022
Exports $514MWorld Rnk 1 / 112
Flag Rnk 575 / 1216
2022
Destination $55.3M United States
2021 - 2022
FASTEST GROWING MARKET $55.3MUnited States
2022
PRODUCT COMPLEXITY IN Iron Oxides and Hydroxides-0.26Rnk 633 / 1025
2022
Imports $166MWorld Rnk 2 / 188
Flag Rnk 549 / 1212
2022
Origin $77.8M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $77.8MSouth Africa
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $514M in Iron Oxides and Hydroxides, making it the 1st largest exporter of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 575th most exported product in China. The main destination of Iron Oxides and Hydroxides exports from China are: United States ($155M), Germany ($28.7M), Russia ($25.6M), Australia ($20.5M), and India ($19.6M).

The fastest growing export markets for Iron Oxides and Hydroxides of China between 2021 and 2022 were United States ($55.3M), Germany ($12.6M), and Russia ($9M).

Imports In 2022, China imported $166M in Iron Oxides and Hydroxides, becoming the 2nd largest importer of Iron Oxides and Hydroxides in the world. At the same year, Iron Oxides and Hydroxides was the 549th most imported product in China. China imports Iron Oxides and Hydroxides primarily from: South Africa ($77.9M), Japan ($18.5M), Germany ($18.5M), South Korea ($14.9M), and Chinese Taipei ($11.4M).

The fastest growing import markets in Iron Oxides and Hydroxides for China between 2021 and 2022 were South Africa ($77.8M), Chinese Taipei ($730k), and India ($425k).

COMPANIES In 2023, leading companies such as Conair (8) and At Home Procurement (1) were at the forefront of shipping Iron Oxides and Hydroxides from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Iron Oxides and Hydroxides exports accounted up to $27.4M and imports accounted up to $7.47M, resulting in a positive trade balance of $19.9M. Between July 2023 and July 2024 the exports of China's   Iron Oxides and Hydroxides have increased by $3.3M (13.7%) from $24.1M to $27.4M, while imports increased by $2.23M (42.7%) from $5.24M to $7.47M.

Destinations In July 2024, Iron Oxides and Hydroxides were exported mostly to United States ($5.81M), Russia ($3.05M), Vietnam ($1.23M), India ($1.08M), and United Kingdom ($969k), and were imported mostly from Germany ($2.23M), Japan ($1.31M), South Korea ($1.31M), Chinese Taipei ($778k), and United States ($581k).

Growth In July 2024, the increase in Iron Oxides and Hydroxides's year-by-year exports was explained primarily by an increase in exports to India ($519k or 51.8%), Russia ($483k or 20.9%), and Kenya ($164k or 134%). In July 2024, the increase in Iron Oxides and Hydroxides's year-by-year imports was explained primarily by an increase in imports from Germany ($793k or 42.8%), India ($19.3k or 17.9%), and Brazil ($6.02k or 16.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$3.3M(13.7%)
IMPORT GROWTH (July 2023 - July 2024)$2.23M(42.7%)
MAIN EXPORTER (July 2024)Zhejiang Province$14.6M
MAIN DESTINATION (July 2024)United States$5.81M

This section shows Iron 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 Iron Oxides and Hydroxides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$514M
IMPORTS (2022)$166M
NET TRADE (2022)$348M

In 2022, China exported $514M in Iron Oxides and Hydroxides. The main destinations of China exports on Iron Oxides and Hydroxides were United States ($155M), Germany ($28.7M), Russia ($25.6M), Australia ($20.5M), and India ($19.6M).

In 2022, China imported $166M in Iron Oxides and Hydroxides, mainly from South Africa ($77.9M), Japan ($18.5M), Germany ($18.5M), South Korea ($14.9M), and Chinese Taipei ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Oxides and Hydroxides EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$55.3M (55.6%)
Germany$12.6M (77.7%)
Russia$9M (54.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Oxides and Hydroxides BY China WERE (2021 - 2022):
Ukraine-$2.56M (-75.9%)
United Arab Emirates-$2.07M (-30.4%)
Spain-$1.87M (-13.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Iron Oxides and Hydroxides were:
Germany $367M
South Africa $82.2M
In 2022, China's main importing competitors in Iron Oxides and Hydroxides were:
United States $381M
Germany $62.6M

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Trade Value of Iron Oxides and Hydroxides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $8.74M
TOP IMPORT POTENTIALGermany+ $3.77M

Iron Oxides and Hydroxides’s highest export potential is India. With an export gap of $8.74M.   Iron Oxides and Hydroxides’s highest import potential is Germany with an import gap of $3.77M.

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