Magnesium unwrought nes in China | The Observatory of Economic Complexity

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Pricing

2022
ExportsfalseWorld Rnk 1 / 56
Flag

Rnk 900 / 4606

2021 - 2022
FASTEST GROWING MARKET $96.5MCanada

2022
Origin $83.7k Germany

2021 - 2022
FASTEST GROWING ORIGIN $83.7kGermany

2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

Image 1

Image by TheLeadSA
Link: https://flic.kr/p/wkZsdJ

Image 2

Image by Joe Hart
Link: https://flic.kr/p/ngYpRr

Latest Trends
Historical Data

About

Exports In 2022, China exported $630M in Magnesium unwrought nes, making it the 1st largest exporter of Magnesium unwrought nes in the world. At the same year, Magnesium unwrought nes was the 900th most exported product in China. The main destination of Magnesium unwrought nes exports from China are: Canada ($145M), Chinese Taipei ($59.4M), Czechia ($54.2M), Romania ($50.6M), and South Korea ($42.8M).

The fastest growing export markets for Magnesium unwrought nes of China between 2021 and 2022 were Canada ($96.5M), Czechia ($49.2M), and Romania ($34.6M).

The fastest growing import markets in Magnesium unwrought nes for China between 2021 and 2022 were Germany ($83.7k), South Korea ($19k), and Japan ($17.5k).

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 unwrought nes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Magnesium unwrought nes exports accounted up to $21M and imports accounted up to $86.1k, resulting in a positive trade balance of $20.9M. Between July 2023 and July 2024 the exports of China's Magnesium unwrought nes have decreased by $-9.51M (-31.2%) from $30.5M to $21M, while imports increased by $50k (139%) from $36k to $86.1k.

Destinations In July 2024, Magnesium unwrought nes were exported mostly to Netherlands ($3.57M), Canada ($3.54M), United States ($1.36M), Mexico ($1.29M), and South Korea ($1.24M), and were imported mostly from Chinese Taipei ($48.3k) and United States ($37.7k).

Growth In July 2024, the decrease in Magnesium unwrought nes's year-by-year exports was explained primarily by a decrease in exports to N/A. In July 2024, the increase in Magnesium unwrought nes's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-9.51M(-31.2%)

IMPORT GROWTH (March 2023 - July 2024)$50k(139%)

MAIN EXPORTER (July 2024)Shanxi Province$11.8M

MAIN DESTINATION (July 2024)Netherlands$3.57M

This section shows Magnesium unwrought nes'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 unwrought nes over time.

For full datasets download visit Bulk Download page.

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