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2022
Exports $4.96MWorld Rnk 9 / 91
Flag Rnk 1129 / 1216
2022
Destination $334k Vietnam
2021 - 2022
FASTEST GROWING MARKET $334kVietnam
2022
Imports $13.4MWorld Rnk 5 / 178
Flag Rnk 968 / 1212
2022
Origin $906k Peru
2021 - 2022
FASTEST GROWING ORIGIN $906kPeru
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.96M in Lake Pigments, making it the 9th largest exporter of Lake Pigments in the world. At the same year, Lake Pigments was the 1129th most exported product in China. The main destination of Lake Pigments exports from China are: Vietnam ($1.67M), South Korea ($500k), Hong Kong ($380k), United States ($366k), and Malaysia ($362k).

The fastest growing export markets for Lake Pigments of China between 2021 and 2022 were Vietnam ($334k), Malaysia ($80.3k), and Zimbabwe ($79.1k).

Imports In 2022, China imported $13.4M in Lake Pigments, becoming the 5th largest importer of Lake Pigments in the world. At the same year, Lake Pigments was the 968th most imported product in China. China imports Lake Pigments primarily from: Peru ($3.95M), United States ($3.8M), India ($3.12M), Chinese Taipei ($822k), and South Korea ($357k).

The fastest growing import markets in Lake Pigments for China between 2021 and 2022 were Peru ($906k), United States ($831k), and Chinese Taipei ($333k).

COMPANIES In 2023, leading companies such as Coaster Fine Furniture (13), Sobel Westex (5), and Steve Silver (5) were at the forefront of shipping Lake Pigments from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Lake Pigments exports accounted up to $148k and imports accounted up to $1.01M, resulting in a negative trade balance of $863k. Between July 2023 and July 2024 the exports of China's   Lake Pigments have decreased by $-36.6k (-19.8%) from $185k to $148k, while imports increased by $251k (33%) from $760k to $1.01M.

Destinations In July 2024, Lake Pigments were exported mostly to Hong Kong ($46.4k), Vietnam ($46k), Pakistan ($14.1k), India ($13.8k), and Luxembourg ($7.74k), and were imported mostly from India ($346k), Peru ($313k), United States ($305k), Mexico ($26.6k), and Chinese Taipei ($10.1k).

Growth In July 2024, the decrease in Lake Pigments's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-11.4k or -32.9%), Thailand ($-1.42k or -79.6%), and Algeria ($-1.25k or -43.4%). In July 2024, the increase in Lake Pigments's year-by-year imports was explained primarily by an increase in imports from United States ($519k or 135%), Peru ($285k or 109%), and France ($15.7k or 1.76k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-36.6k(-19.8%)
IMPORT GROWTH (July 2023 - July 2024)$251k(33%)
MAIN EXPORTER (July 2024)Guangdong Province$179k
MAIN DESTINATION (July 2024)Hong Kong$46.4k

This section shows Lake Pigments'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 Lake Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.96M
IMPORTS (2022)$13.4M
NET TRADE (2022)-$8.46M

In 2022, China exported $4.96M in Lake Pigments. The main destinations of China exports on Lake Pigments were Vietnam ($1.67M), South Korea ($500k), Hong Kong ($380k), United States ($366k), and Malaysia ($362k).

In 2022, China imported $13.4M in Lake Pigments, mainly from Peru ($3.95M), United States ($3.8M), India ($3.12M), Chinese Taipei ($822k), and South Korea ($357k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lake Pigments EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$334k (25.1%)
Malaysia$80.3k (28.6%)
Zimbabwe$79.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lake Pigments BY China WERE (2021 - 2022):
United States-$624k (-63%)
Pakistan-$164k (-39.1%)
Saudi Arabia-$141k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Lake Pigments were:
Peru $73.3M
India $68.4M
United States $42M
In 2022, China's main importing competitors in Lake Pigments were:
United States $29.2M
Mexico $19.8M
Bangladesh $19.4M

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Trade Value of Lake Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $326k
TOP IMPORT POTENTIALIndia+ $2.48M

Lake Pigments’s highest export potential is United States. With an export gap of $326k.   Lake Pigments’s highest import potential is India with an import gap of $2.48M.

See methodology.

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