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2022
Exports $1.77BWorld Rnk 1 / 95
Flag Rnk 322 / 1216
2022
Destination $40.4M India
2021 - 2022
FASTEST GROWING MARKET $40.4MBrazil
2022
PRODUCT COMPLEXITY IN Nitrile Compounds1.07Rnk 146 / 1025
2022
Imports $466MWorld Rnk 5 / 178
Flag Rnk 364 / 1212
2022
Origin $41.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $41.3MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.77B in Nitrile Compounds, making it the 1st largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 322nd most exported product in China. The main destination of Nitrile Compounds exports from China are: India ($447M), South Korea ($224M), United States ($207M), Brazil ($189M), and Belgium ($75.4M).

The fastest growing export markets for Nitrile Compounds of China between 2021 and 2022 were Brazil ($40.4M), United States ($24.2M), and Belgium ($18.6M).

Imports In 2022, China imported $466M in Nitrile Compounds, becoming the 5th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 364th most imported product in China. China imports Nitrile Compounds primarily from: United States ($126M), South Korea ($70.7M), Chinese Taipei ($62.7M), Germany ($58.1M), and Netherlands ($56.1M).

The fastest growing import markets in Nitrile Compounds for China between 2021 and 2022 were Germany ($41.3M), France ($9.43M), and China ($4.93M).

COMPANIES In 2023, leading companies such as Asus Computer (772), DuPont (61), and CSI Importers (22) were at the forefront of shipping Nitrile Compounds from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Nitrile Compounds exports accounted up to $91.6M and imports accounted up to $34.4M, resulting in a positive trade balance of $57.2M. Between October 2023 and October 2024 the exports of China's   Nitrile Compounds have increased by $8.16M (9.78%) from $83.4M to $91.6M, while imports increased by $3.85M (12.6%) from $30.6M to $34.4M.

Destinations In October 2024, Nitrile Compounds were exported mostly to India ($19.1M), Brazil ($15.7M), South Korea ($8.05M), United States ($6.47M), and Belgium ($5.43M), and were imported mostly from France ($13.2M), United States ($10.2M), India ($3.83M), Germany ($2.67M), and Chinese Taipei ($2.27M).

Growth In October 2024, the increase in Nitrile Compounds's year-by-year exports was explained primarily by an increase in exports to South Korea ($15M or 59.9%), Switzerland ($7.51M or 651%), and India ($3.85M or 12.1%). In October 2024, the increase in Nitrile Compounds's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($9.35M or 158%), Russia ($58k or 1.02k%), and Netherlands ($47 or 22.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$8.16M(9.78%)
IMPORT GROWTH (October 2023 - October 2024)$3.85M(12.6%)
MAIN EXPORTER (October 2024)Jiangsu Province$59.3M
MAIN DESTINATION (October 2024)India$19.1M

This section shows Nitrile Compounds'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 Nitrile Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.77B
IMPORTS (2022)$466M
NET TRADE (2022)$1.31B

In 2022, China exported $1.77B in Nitrile Compounds. The main destinations of China exports on Nitrile Compounds were India ($447M), South Korea ($224M), United States ($207M), Brazil ($189M), and Belgium ($75.4M).

In 2022, China imported $466M in Nitrile Compounds, mainly from United States ($126M), South Korea ($70.7M), Chinese Taipei ($62.7M), Germany ($58.1M), and Netherlands ($56.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR China WERE (2021 - 2022):
Brazil$40.4M (27.2%)
United States$24.2M (13.2%)
Belgium$18.6M (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY China WERE (2021 - 2022):
South Korea-$60.8M (-21.3%)
India-$19.9M (-4.25%)
Turkey-$5.76M (-14.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Nitrile Compounds were:
United States $983M
Germany $656M
In 2022, China's main importing competitors in Nitrile Compounds were:
India $719M
Netherlands $527M
South Korea $509M

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $58M
TOP IMPORT POTENTIALSouth Korea+ $15M

Nitrile Compounds’s highest export potential is India. With an export gap of $58M.   Nitrile Compounds’s highest import potential is South Korea with an import gap of $15M.

See methodology.

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