2022
Exports
$41.1MWorld Rnk 1 / 84
Flag Rnk 2989 / 4606
falsefalse South Korea
2022
Imports
$1.68MWorld Rnk 23 / 164
Flag Rnk 3762 / 4539
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $41.1M in Magnesium chloride, making it the 1st largest exporter of Magnesium chloride in the world. At the same year, Magnesium chloride was the 2989th most exported product in China. The main destination of Magnesium chloride exports from China are: South Korea ($13.4M), New Zealand ($4.94M), Japan ($4.32M), Vietnam ($4.23M), and Thailand ($2.7M).

The fastest growing export markets for Magnesium chloride of China between 2021 and 2022 were South Korea ($5.01M), India ($1.61M), and New Zealand ($1.27M).

Imports In 2022, China imported $1.68M in Magnesium chloride, becoming the 23rd largest importer of Magnesium chloride in the world. At the same year, Magnesium chloride was the 3762nd most imported product in China. China imports Magnesium chloride primarily from: Japan ($418k), Germany ($390k), United States ($382k), Czechia ($354k), and Israel ($50.2k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Magnesium chloride from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$171k(11.2%)
IMPORT GROWTH (July 2023 - July 2024)$36.1k(86.3%)
MAIN EXPORTER (July 2024)Guangdong Province$860k
MAIN DESTINATION (July 2024)South Korea$482k

This section shows Magnesium chloride'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 Magnesium chloride over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Magnesium chloride throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.1M
IMPORTS (2022)$1.68M
NET TRADE (2022)$39.4M

In 2022, China exported $41.1M in Magnesium chloride. The main destinations of China exports on Magnesium chloride were South Korea ($13.4M), New Zealand ($4.94M), Japan ($4.32M), Vietnam ($4.23M), and Thailand ($2.7M).

In 2022, China imported $1.68M in Magnesium chloride, mainly from Japan ($418k), Germany ($390k), United States ($382k), Czechia ($354k), and Israel ($50.2k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium chloride EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$5.01M (60%)
India$1.61M (196%)
New Zealand$1.27M (34.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium chloride BY China WERE (2021 - 2022):
Vietnam-$5.06M (-54.5%)
Thailand-$1.13M (-29.4%)
Russia-$854k (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Magnesium chloride were:
In 2022, China's main importing competitors in Magnesium chloride were:

Explore Visualizations

Trade Value of Magnesium chloride by Exporters

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