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2022
Exports $296BWorld Rnk 1 / 226
Flag Rnk 3 / 21
2022
Destination $2.75B United States
2021 - 2022
FASTEST GROWING MARKET $2.75BIndia
2022
PRODUCT COMPLEXITY IN Metals1.9Rnk 12 / 1025
2022
Imports $144BWorld Rnk 2 / 226
Flag Rnk 4 / 21
2022
Origin $10.9B Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $10.9BIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $296B in Metals, making it the 1st largest exporter of Metals in the world. At the same year, Metals was the 3rd most exported product in China. The main destination of Metals exports from China are: United States ($33.1B), South Korea ($16.2B), Vietnam ($13.9B), Thailand ($11.2B), and Japan ($11.2B).

The fastest growing export markets for Metals of China between 2021 and 2022 were India ($2.75B), Turkey ($2.05B), and Mexico ($1.98B).

Imports In 2022, China imported $144B in Metals, becoming the 2nd largest importer of Metals in the world. At the same year, Metals was the 4th most imported product in China. China imports Metals primarily from: Indonesia ($25.3B), Democratic Republic of the Congo ($14.1B), Japan ($14B), South Korea ($10.1B), and Chile ($9.3B).

The fastest growing import markets in Metals for China between 2021 and 2022 were Indonesia ($10.9B), Democratic Republic of the Congo ($3.28B), and Russia ($2.29B).

COMPANIES In 2023, leading companies such as CrimsonLogic (7.82k), IKEA Group (3.27k), and TPV Tech (2.42k) were at the forefront of shipping Metals from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Metals exports accounted up to $24.5B and imports accounted up to $13.3B, resulting in a positive trade balance of $11.2B. Between November 2023 and November 2024 the exports of China's   Metals have increased by $2.26B (10.1%) from $22.2B to $24.5B, while imports increased by $634M (4.99%) from $12.7B to $13.3B.

Destinations In November 2024, Metals were exported mostly to United States ($2.59B), Vietnam ($1.35B), South Korea ($1.15B), Indonesia ($1.07B), and Thailand ($1.05B), and were imported mostly from Indonesia ($2.38B), Democratic Republic of the Congo ($1.65B), Japan ($1.12B), Russia ($957M), and South Korea ($828M).

Growth In November 2024, the increase in Metals's year-by-year exports was explained primarily by an increase in exports to Philippines ($489M or 63%), Singapore ($264M or 76.9%), and Saudi Arabia ($172M or 46%). In November 2024, the increase in Metals's year-by-year imports was explained primarily by an increase in imports from Peru ($142M or 193%), South Africa ($96M or 48%), and Saudi Arabia ($26.2M or 303%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$2.26B(10.1%)
IMPORT GROWTH (November 2023 - November 2024)$634M(4.99%)
MAIN EXPORTER (November 2024)Guangdong Province$6.47B
MAIN DESTINATION (November 2024)United States$2.59B

This section shows Metals'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 Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$296B
IMPORTS (2022)$144B
NET TRADE (2022)$152B

In 2022, China exported $296B in Metals. The main destinations of China exports on Metals were United States ($33.1B), South Korea ($16.2B), Vietnam ($13.9B), Thailand ($11.2B), and Japan ($11.2B).

In 2022, China imported $144B in Metals, mainly from Indonesia ($25.3B), Democratic Republic of the Congo ($14.1B), Japan ($14B), South Korea ($10.1B), and Chile ($9.3B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metals EXPORT MARKETS FOR China WERE (2021 - 2022):
India$2.75B (43.2%)
Turkey$2.05B (61.4%)
Mexico$1.98B (33.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY China WERE (2021 - 2022):
Ukraine-$515M (-52.5%)
Chile-$468M (-14.1%)
Hong Kong-$459M (-9.98%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Metals were:
Germany $131B
United States $84.7B
In 2022, China's main importing competitors in Metals were:
United States $196B
Germany $131B

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Trade Value of Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.14B
TOP IMPORT POTENTIALRussia+ $3.09B

Metals’s highest export potential is India. With an export gap of $5.14B.   Metals’s highest import potential is Russia with an import gap of $3.09B.

See methodology.

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