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2022
Exports $1.03BWorld Rnk 8 / 147
Flag Rnk 427 / 1216
2022
Destination $64.4M United States
2021 - 2022
FASTEST GROWING MARKET $64.4MRussia
2022
PRODUCT COMPLEXITY IN Reaction and Catalytic Products0.61Rnk 319 / 1025
2022
Imports $1.92BWorld Rnk 3 / 210
Flag Rnk 147 / 1212
2022
Origin $82.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $82.5MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.03B in Reaction and Catalytic Products, making it the 8th largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 427th most exported product in China. The main destination of Reaction and Catalytic Products exports from China are: United States ($121M), South Korea ($113M), Chinese Taipei ($79.1M), Russia ($75.1M), and United Arab Emirates ($60.4M).

The fastest growing export markets for Reaction and Catalytic Products of China between 2021 and 2022 were Russia ($64.4M), South Korea ($37.9M), and Chinese Taipei ($27M).

Imports In 2022, China imported $1.92B in Reaction and Catalytic Products, becoming the 3rd largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 147th most imported product in China. China imports Reaction and Catalytic Products primarily from: United States ($673M), Japan ($330M), Italy ($285M), Germany ($222M), and France ($53.1M).

The fastest growing import markets in Reaction and Catalytic Products for China between 2021 and 2022 were Italy ($82.5M), United States ($78.2M), and Japan ($47.5M).

COMPANIES In 2023, leading companies such as Hafele (4), IKEA Group (3), and Amazon (1) were at the forefront of shipping Reaction and Catalytic Products from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Reaction and Catalytic Products exports accounted up to $122M and imports accounted up to $122M, resulting in a positive trade balance of $497k. Between October 2023 and October 2024 the exports of China's   Reaction and Catalytic Products have increased by $38.3M (45.5%) from $84.2M to $122M, while imports decreased by $-150M (-55.2%) from $272M to $122M.

Destinations In October 2024, Reaction and Catalytic Products were exported mostly to United Arab Emirates ($51.4M), India ($11.2M), Russia ($9.55M), United States ($7.82M), and South Korea ($4.95M), and were imported mostly from United States ($32.7M), Germany ($27.2M), Japan ($16.9M), Italy ($15M), and India ($6.33M).

Growth In October 2024, the increase in Reaction and Catalytic Products's year-by-year exports was explained primarily by an increase in exports to India ($7.33M or 384%), Saudi Arabia ($4.79M or 552%), and Uzbekistan ($2.96M or 19.3k%). In October 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Italy ($-19M or -76%), Belgium ($-12.1M or -86.5%), and Germany ($-11.3M or -30.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$38.3M(45.5%)
IMPORT GROWTH (October 2023 - October 2024)$-150M(-55.2%)
MAIN EXPORTER (October 2024)Shanghai Province$55.5M
MAIN DESTINATION (October 2024)United Arab Emirates$51.4M

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.03B
IMPORTS (2022)$1.92B
NET TRADE (2022)-$891M

In 2022, China exported $1.03B in Reaction and Catalytic Products. The main destinations of China exports on Reaction and Catalytic Products were United States ($121M), South Korea ($113M), Chinese Taipei ($79.1M), Russia ($75.1M), and United Arab Emirates ($60.4M).

In 2022, China imported $1.92B in Reaction and Catalytic Products, mainly from United States ($673M), Japan ($330M), Italy ($285M), Germany ($222M), and France ($53.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Reaction and Catalytic Products EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$64.4M (600%)
South Korea$37.9M (50.9%)
Chinese Taipei$27M (51.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Reaction and Catalytic Products BY China WERE (2021 - 2022):
Argentina-$21.1M (-76.6%)
Germany-$17.8M (-49.8%)
Belgium-$7.95M (-44.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Reaction and Catalytic Products were:
United States $5.55B
Germany $4.5B
North Macedonia $2.64B
In 2022, China's main importing competitors in Reaction and Catalytic Products were:
Germany $5.42B
United States $2.31B

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Trade Value of Reaction and Catalytic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $51.9M
TOP IMPORT POTENTIALGermany+ $91.8M

Reaction and Catalytic Products’s highest export potential is India. With an export gap of $51.9M.   Reaction and Catalytic Products’s highest import potential is Germany with an import gap of $91.8M.

See methodology.

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