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2022
Exports $12.5BWorld Rnk 1 / 182
Flag Rnk 61 / 1216
2022
Destination $275M Vietnam
2021 - 2022
FASTEST GROWING MARKET $275MTurkey
2022
PRODUCT COMPLEXITY IN Polyacetals0.78Rnk 255 / 1025
2022
Imports $8.92BWorld Rnk 1 / 217
Flag Rnk 35 / 1212
2022
Origin $100M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $100MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $12.5B in Polyacetals, making it the 1st largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 61st most exported product in China. The main destination of Polyacetals exports from China are: Vietnam ($721M), Turkey ($651M), South Korea ($584M), Russia ($563M), and India ($391M).

The fastest growing export markets for Polyacetals of China between 2021 and 2022 were Turkey ($275M), Colombia ($154M), and Algeria ($148M).

Imports In 2022, China imported $8.92B in Polyacetals, becoming the 1st largest importer of Polyacetals in the world. At the same year, Polyacetals was the 35th most imported product in China. China imports Polyacetals primarily from: Chinese Taipei ($1.78B), South Korea ($1.53B), Japan ($1.1B), United States ($1.07B), and Thailand ($714M).

The fastest growing import markets in Polyacetals for China between 2021 and 2022 were United States ($100M), Italy ($38.8M), and Saudi Arabia ($30.3M).

COMPANIES In 2023, leading companies such as CrimsonLogic (602), Amazon (140), and Itourscm (77) were at the forefront of shipping Polyacetals from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Polyacetals exports accounted up to $1.09B and imports accounted up to $559M, resulting in a positive trade balance of $531M. Between October 2023 and October 2024 the exports of China's   Polyacetals have increased by $252M (30.1%) from $838M to $1.09B, while imports decreased by $-22.3M (-3.84%) from $581M to $559M.

Destinations In October 2024, Polyacetals were exported mostly to Vietnam ($106M), Russia ($69.7M), India ($67.3M), South Korea ($51.9M), and Indonesia ($40.3M), and were imported mostly from Japan ($97.9M), South Korea ($90.3M), Chinese Taipei ($80.7M), United States ($77.5M), and Thailand ($44.8M).

Growth In October 2024, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to India ($13.5M or 53.3%), Poland ($13M or 1.16k%), and Mexico ($12.2M or 52.7%). In October 2024, the decrease in Polyacetals's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-138M or -58.9%), South Korea ($-103M or -54.2%), and Thailand ($-43.2M or -52.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$252M(30.1%)
IMPORT GROWTH (October 2023 - October 2024)$-22.3M(-3.84%)
MAIN EXPORTER (October 2024)Jiangsu Province$315M
MAIN DESTINATION (October 2024)Vietnam$106M

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.5B
IMPORTS (2022)$8.92B
NET TRADE (2022)$3.62B

In 2022, China exported $12.5B in Polyacetals. The main destinations of China exports on Polyacetals were Vietnam ($721M), Turkey ($651M), South Korea ($584M), Russia ($563M), and India ($391M).

In 2022, China imported $8.92B in Polyacetals, mainly from Chinese Taipei ($1.78B), South Korea ($1.53B), Japan ($1.1B), United States ($1.07B), and Thailand ($714M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR China WERE (2021 - 2022):
Turkey$275M (73%)
Colombia$154M (147%)
Algeria$148M (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY China WERE (2021 - 2022):
Hong Kong-$204M (-53.7%)
China-$194M (-55.5%)
United States-$116M (-37.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Polyacetals were:
Germany $7.27B
South Korea $6.91B
In 2022, China's main importing competitors in Polyacetals were:
United States $6.13B
Germany $5.02B

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $389M
TOP IMPORT POTENTIALSouth Korea+ $272M

Polyacetals’s highest export potential is India. With an export gap of $389M.   Polyacetals’s highest import potential is South Korea with an import gap of $272M.

See methodology.

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