Phosphinates (hypophosphites) and phosphonates (phosphites) in China

About

Exports In 2022, China exported $2.12B in Phosphinates (hypophosphites) and phosphonates (phosphites), making it the 1st largest exporter of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 287th most exported product in China. The main destination of Phosphinates (hypophosphites) and phosphonates (phosphites) exports from China are: Thailand ($117M), United States ($108M), India ($103M), Indonesia ($99M), and Japan ($96.7M).

The fastest growing export markets for Phosphinates (hypophosphites) and phosphonates (phosphites) of China between 2021 and 2022 were India ($56.1M), Mexico ($48.7M), and Brazil ($41.3M).

Imports In 2022, China imported $82M in Phosphinates (hypophosphites) and phosphonates (phosphites), becoming the 25th largest importer of Phosphinates (hypophosphites) and phosphonates (phosphites) in the world. At the same year, Phosphinates (hypophosphites) and phosphonates (phosphites) was the 692nd most imported product in China. China imports Phosphinates (hypophosphites) and phosphonates (phosphites) primarily from: South Korea ($28.7M), United States ($16.4M), Germany ($10.1M), Japan ($6.81M), and New Zealand ($2.68M).

The fastest growing import markets in Phosphinates (hypophosphites) and phosphonates (phosphites) for China between 2021 and 2022 were South Korea ($26.3M), United States ($5.46M), and Mexico ($2.04M).

COMPANIES In 2023, leading companies such as PIRELLI TIRE LLC (48), LEDVANCE LLC (33), and GLOBAL ETRADE SERVICES INC (9) were at the forefront of shipping Phosphinates (hypophosphites) and phosphonates (phosphites) from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Phosphinates (hypophosphites) and phosphonates (phosphites) exports accounted up to $96.6M and imports accounted up to $2.36M, resulting in a positive trade balance of $94.2M. Between February 2023 and February 2024 the exports of China's Phosphinates (hypophosphites) and phosphonates (phosphites) have decreased by $-16M (-14.2%) from $113M to $96.6M, while imports decreased by $-4.29M (-64.5%) from $6.65M to $2.36M.

Destinations In February 2024, Phosphinates (hypophosphites) and phosphonates (phosphites) were exported mostly to Indonesia ($9.13M), Thailand ($7.2M), India ($6.07M), Vietnam ($4.91M), and South Korea ($4.14M), and were imported mostly from United States ($463k), Germany ($415k), Israel ($414k), Japan ($284k), and Spain ($164k).

Growth In February 2024, the decrease in Phosphinates (hypophosphites) and phosphonates (phosphites)'s year-by-year exports was explained primarily by a decrease in exports to Japan ($-6.33M or -49.6%), United States ($-6.21M or -48.5%), and Malaysia ($-5.31M or -74.8%). In February 2024, the decrease in Phosphinates (hypophosphites) and phosphonates (phosphites)'s year-by-year imports was explained primarily by a decrease in imports from Japan ($-3.47M or -90.2%), South Korea ($-871k or -99.9%), and Germany ($-707k or -40.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-16M(-14.2%)

IMPORT GROWTH (February 2023 - February 2024)$-4.29M(-64.5%)

MAIN EXPORTER (February 2024)Jiangsu Province$21.8M

MAIN DESTINATION (February 2024)Indonesia$9.13M

This section shows Phosphinates (hypophosphites) and phosphonates (phosphites)'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 Phosphinates (hypophosphites) and phosphonates (phosphites) over time.

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