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2022
Exports $5.48MWorld Rnk 11 / 83
Flag Rnk 3948 / 4606
2022
Destination $44.1k Nigeria
2021 - 2022
FASTEST GROWING MARKET $44.1kZimbabwe
2022
Imports $371kWorld Rnk 48 / 174
Flag Rnk 4215 / 4539
2022
Origin $44.5k Spain
2021 - 2022
FASTEST GROWING ORIGIN $44.5kSpain
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $5.48M in Methanal , making it the 11th largest exporter of Methanal in the world. At the same year, Methanal was the 3948th most exported product in China. The main destination of Methanal exports from China are: Nigeria ($4.38M), South Korea ($209k), Chinese Taipei ($208k), Vietnam ($195k), and India ($149k).

The fastest growing export markets for Methanal of China between 2021 and 2022 were Zimbabwe ($44.1k), India ($43k), and Cameroon ($35.6k).

Imports In 2022, China imported $371k in Methanal , becoming the 48th largest importer of Methanal in the world. At the same year, Methanal was the 4215th most imported product in China. China imports Methanal primarily from: Spain ($134k), Germany ($120k), Netherlands ($70.5k), United States ($26.7k), and China ($9.47k).

The fastest growing import markets in Methanal for China between 2021 and 2022 were Spain ($44.5k), Germany ($43.8k), and Netherlands ($35.6k).

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

Latest Trends

July 2024

About

Overview In July 2024 China's Methanal exports accounted up to $162k and imports accounted up to $20.3k, resulting in a positive trade balance of $142k. Between July 2023 and July 2024 the exports of China's   Methanal have increased by $92.1k (132%) from $70.1k to $162k, while imports decreased by $-3.45k (-14.5%) from $23.7k to $20.3k.

Destinations In July 2024, Methanal were exported mostly to Thailand ($59.4k), Chinese Taipei ($38.1k), Vietnam ($26.1k), South Korea ($25.7k), and Ethiopia ($11.2k), and were imported mostly from United States ($10.7k), Germany ($8.38k), Switzerland ($815), India ($228), and Japan ($132).

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

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$92.1k(132%)
IMPORT GROWTH (July 2023 - July 2024)$-3.45k(-14.5%)
MAIN EXPORTER (July 2024)Guangdong Province$118k
MAIN DESTINATION (July 2024)Thailand$59.4k

This section shows Methanal '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 Methanal over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Methanal 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)$5.48M
IMPORTS (2022)$371k
NET TRADE (2022)$5.11M

In 2022, China exported $5.48M in Methanal . The main destinations of China exports on Methanal were Nigeria ($4.38M), South Korea ($209k), Chinese Taipei ($208k), Vietnam ($195k), and India ($149k).

In 2022, China imported $371k in Methanal , mainly from Spain ($134k), Germany ($120k), Netherlands ($70.5k), United States ($26.7k), and China ($9.47k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Methanal EXPORT MARKETS FOR China WERE (2021 - 2022):
Zimbabwe$44.1k (167%)
India$43k (40.4%)
Cameroon$35.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Methanal BY China WERE (2021 - 2022):
Burma-$702k (-100%)
Hong Kong-$127k (-96.3%)
Nigeria-$116k (-2.59%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Methanal were:
Netherlands $44M
Belgium $20.1M
Germany $14.4M
In 2022, China's main importing competitors in Methanal were:
Germany $39.3M
Poland $17.4M
Belgium $12.8M

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Trade Value of Methanal by Exporters

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