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2022
Exports $14.4MWorld Rnk 8 / 104
Flag Rnk 3596 / 4606
falsefalse Vietnam
2022
Imports $19.2MWorld Rnk 8 / 185
Flag Rnk 2329 / 4539
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $14.4M in Nitric acid, sulphonitric acids, making it the 8th largest exporter of Nitric acid, sulphonitric acids in the world. At the same year, Nitric acid, sulphonitric acids was the 3596th most exported product in China. The main destination of Nitric acid, sulphonitric acids exports from China are: Vietnam ($2.15M), Indonesia ($2.09M), India ($1.73M), Japan ($1.21M), and Turkey ($1.16M).

Imports In 2022, China imported $19.2M in Nitric acid, sulphonitric acids, becoming the 8th largest importer of Nitric acid, sulphonitric acids in the world. At the same year, Nitric acid, sulphonitric acids was the 2329th most imported product in China. China imports Nitric acid, sulphonitric acids primarily from: South Korea ($16.5M), Chinese Taipei ($1.21M), Germany ($724k), Japan ($381k), and United States ($221k).

The fastest growing import markets in Nitric acid, sulphonitric acids for China between 2021 and 2022 were South Korea ($3.06M), France ($15k), and Malaysia ($8.44k).

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

Latest Trends

July 2024

About

Overview In July 2024 China's Nitric acid, sulphonitric acids exports accounted up to $1.09M and imports accounted up to $1.18M, resulting in a negative trade balance of $88.8k. Between July 2023 and July 2024 the exports of China's   Nitric acid, sulphonitric acids have increased by $256k (30.7%) from $833k to $1.09M, while imports decreased by $-132k (-10.1%) from $1.31M to $1.18M.

Destinations In July 2024, Nitric acid, sulphonitric acids were exported mostly to Indonesia ($379k), Vietnam ($169k), Chinese Taipei ($145k), Suriname ($133k), and Singapore ($101k), and were imported mostly from South Korea ($797k), Chinese Taipei ($272k), United States ($53.8k), Japan ($53k), and Germany ($2.57k).

Growth In July 2024, the increase in Nitric acid, sulphonitric acids's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($12.5k or 25.4%). In July 2024, the decrease in Nitric acid, sulphonitric acids's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-1.74M or -97.1%), Germany ($-139k or -99.7%), and Chinese Taipei ($-119k or -50.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$256k(30.7%)
IMPORT GROWTH (July 2023 - July 2024)$-132k(-10.1%)
MAIN EXPORTER (July 2024)Henan Province$571k
MAIN DESTINATION (July 2024)Indonesia$379k

This section shows Nitric acid, sulphonitric acids'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 Nitric acid, sulphonitric acids over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Nitric acid, sulphonitric acids 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)$14.4M
IMPORTS (2022)$19.2M
NET TRADE (2022)-$4.88M

In 2022, China exported $14.4M in Nitric acid, sulphonitric acids. The main destinations of China exports on Nitric acid, sulphonitric acids were Vietnam ($2.15M), Indonesia ($2.09M), India ($1.73M), Japan ($1.21M), and Turkey ($1.16M).

In 2022, China imported $19.2M in Nitric acid, sulphonitric acids, mainly from South Korea ($16.5M), Chinese Taipei ($1.21M), Germany ($724k), Japan ($381k), and United States ($221k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Nitric acid, sulphonitric acids were:
South Korea $154M
Belgium $142M
Germany $100M
In 2022, China's main importing competitors in Nitric acid, sulphonitric acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric acid, sulphonitric acids by Exporters

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