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2022
Exports $759MWorld Rnk 2 / 138
Flag Rnk 504 / 1216
2022
Destination $85M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $85MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Prepared Pigments1.08Rnk 144 / 1025
2022
Imports $483MWorld Rnk 1 / 195
Flag Rnk 355 / 1212
2022
Origin $157M Japan
2021 - 2022
FASTEST GROWING ORIGIN $157MJapan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $759M in Prepared Pigments, making it the 2nd largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 504th most exported product in China. The main destination of Prepared Pigments exports from China are: Saudi Arabia ($126M), Vietnam ($92.5M), Bangladesh ($47.4M), Tanzania ($47.2M), and Nigeria ($41.1M).

The fastest growing export markets for Prepared Pigments of China between 2021 and 2022 were Saudi Arabia ($85M), Tanzania ($23.4M), and Pakistan ($12.6M).

Imports In 2022, China imported $483M in Prepared Pigments, becoming the 1st largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 355th most imported product in China. China imports Prepared Pigments primarily from: Japan ($204M), Chinese Taipei ($91.4M), Germany ($35.2M), Turkey ($35.1M), and Spain ($29.6M).

The fastest growing import markets in Prepared Pigments for China between 2021 and 2022 were Japan ($157M), Turkey ($7.97M), and Singapore ($540k).

COMPANIES In 2023, leading companies such as Euromarket Designs (1) and Tmall (1) were at the forefront of shipping Prepared Pigments from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Prepared Pigments exports accounted up to $29.5M and imports accounted up to $18.1M, resulting in a positive trade balance of $11.4M. Between July 2023 and July 2024 the exports of China's   Prepared Pigments have decreased by $-91.7k (-0.31%) from $29.6M to $29.5M, while imports increased by $4.68M (34.7%) from $13.5M to $18.1M.

Destinations In July 2024, Prepared Pigments were exported mostly to Vietnam ($4.09M), India ($3.12M), Saudi Arabia ($2.55M), Indonesia ($1.42M), and Ghana ($1.27M), and were imported mostly from Japan ($4.46M), Spain ($4.42M), Germany ($1.47M), Netherlands ($1.04M), and Belgium ($896k).

Growth In July 2024, the decrease in Prepared Pigments's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-3.79M or -57.6%), Kenya ($-2.95M or -60.9%), and Thailand ($-1.08M or -51%). In July 2024, the increase in Prepared Pigments's year-by-year imports was explained primarily by an increase in imports from Belgium ($987k or 4.85k%), Turkey ($521k or 35.3%), and Liechtenstein ($135k or 223%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-91.7k(-0.31%)
IMPORT GROWTH (July 2023 - July 2024)$4.68M(34.7%)
MAIN EXPORTER (July 2024)Guangdong Province$23.3M
MAIN DESTINATION (July 2024)Vietnam$4.09M

This section shows Prepared Pigments'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 Prepared Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$759M
IMPORTS (2022)$483M
NET TRADE (2022)$276M

In 2022, China exported $759M in Prepared Pigments. The main destinations of China exports on Prepared Pigments were Saudi Arabia ($126M), Vietnam ($92.5M), Bangladesh ($47.4M), Tanzania ($47.2M), and Nigeria ($41.1M).

In 2022, China imported $483M in Prepared Pigments, mainly from Japan ($204M), Chinese Taipei ($91.4M), Germany ($35.2M), Turkey ($35.1M), and Spain ($29.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR China WERE (2021 - 2022):
Saudi Arabia$85M (206%)
Tanzania$23.4M (98.5%)
Pakistan$12.6M (56%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY China WERE (2021 - 2022):
Chinese Taipei-$12.2M (-38.8%)
Hong Kong-$11.6M (-86.8%)
South Korea-$7.09M (-32.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Prepared Pigments were:
Spain $1.21B
Japan $627M
In 2022, China's main importing competitors in Prepared Pigments were:
Germany $267M
United States $264M

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $25.4M
TOP IMPORT POTENTIALJapan+ $10.2M

Prepared Pigments’s highest export potential is India. With an export gap of $25.4M.   Prepared Pigments’s highest import potential is Japan with an import gap of $10.2M.

See methodology.

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