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2023
Exports $3.14BWorld Rnk 1 / 148
Flag Rnk 196 / 1215
2023
Destination $161M India
2022 - 2023
FASTEST GROWING MARKET $161MSingapore
2023
PRODUCT COMPLEXITY IN Saturated Acyclic Monocarboxylic Acids1.03Rnk 169 / 1025
2023
Imports $925MWorld Rnk 5 / 204
Flag Rnk 230 / 1214
2023
Origin $54.2M Chinese Taipei
2022 - 2023
FASTEST GROWING ORIGIN $54.2MSingapore
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $3.14B in Saturated Acyclic Monocarboxylic Acids, making it the 1st largest exporter of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 196th most exported product in China. The main destination of Saturated Acyclic Monocarboxylic Acids exports from China are: India ($496M), Singapore ($337M), South Korea ($207M), Japan ($183M), and Vietnam ($159M).

The fastest growing export markets for Saturated Acyclic Monocarboxylic Acids of China between 2022 and 2023 were Singapore ($161M), Netherlands ($15.2M), and Sweden ($4.03M).

Imports In 2023, China imported $925M in Saturated Acyclic Monocarboxylic Acids, becoming the 5th largest importer of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 230th most imported product in China. China imports Saturated Acyclic Monocarboxylic Acids primarily from: Chinese Taipei ($177M), Japan ($111M), Indonesia ($100M), Malaysia ($95M), and South Korea ($90.8M).

The fastest growing import markets in Saturated Acyclic Monocarboxylic Acids for China between 2022 and 2023 were Singapore ($54.2M), South Korea ($25.7M), and Japan ($5.19M).

COMPANIES In 2024, leading companies such as Cali Bamboo Flooring (34), Soho Studio (22), and Givaudan Fragrances (20) were at the forefront of shipping Saturated Acyclic Monocarboxylic Acids from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Saturated Acyclic Monocarboxylic Acids exports accounted up to $257M and imports accounted up to $78.9M, resulting in a positive trade balance of $178M. Between December 2023 and December 2024 the exports of China's   Saturated Acyclic Monocarboxylic Acids have decreased by $-5.55M (-2.11%) from $263M to $257M, while imports increased by $11.4M (16.8%) from $67.6M to $78.9M.

Destinations In December 2024, Saturated Acyclic Monocarboxylic Acids were exported mostly to India ($34.9M), Singapore ($22.8M), Indonesia ($21.7M), Vietnam ($19.5M), and South Korea ($18.2M), and were imported mostly from Indonesia ($20.9M), Japan ($13.4M), Malaysia ($12.9M), Germany ($7.2M), and United States ($4.77M).

Growth In December 2024, the decrease in Saturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-3.68M or -50.8%), South Africa ($-2.34M or -67.3%), and Malaysia ($-2.22M or -60.5%). In December 2024, the increase in Saturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Malaysia ($3.8M or 62.2%), Japan ($1.57M or 18.1%), and South Korea ($1.07M or 12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-5.55M(-2.11%)
IMPORT GROWTH (December 2023 - December 2024)$11.4M(16.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)India$34.9M

This section shows Saturated Acyclic Monocarboxylic Acids'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 Saturated Acyclic Monocarboxylic Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.14B
IMPORTS (2023)$925M
NET TRADE (2023)$2.22B

In 2023, China exported $3.14B in Saturated Acyclic Monocarboxylic Acids. The main destinations of China exports on Saturated Acyclic Monocarboxylic Acids were India ($496M), Singapore ($337M), South Korea ($207M), Japan ($183M), and Vietnam ($159M).

In 2023, China imported $925M in Saturated Acyclic Monocarboxylic Acids, mainly from Chinese Taipei ($177M), Japan ($111M), Indonesia ($100M), Malaysia ($95M), and South Korea ($90.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Saturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR China WERE (2022 - 2023):
Singapore$161M (91.6%)
Netherlands$15.2M (26.9%)
Sweden$4.03M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saturated Acyclic Monocarboxylic Acids BY China WERE (2022 - 2023):
India-$282M (-36.2%)
Turkey-$167M (-62.4%)
Japan-$86.5M (-32.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Saturated Acyclic Monocarboxylic Acids were:
United States $2.24B
Germany $1.33B
In 2023, China's main importing competitors in Saturated Acyclic Monocarboxylic Acids were:
India $1.31B
Belgium $1.16B
Germany $1.13B

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Trade Value of Saturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $220M
TOP IMPORT POTENTIALIndia+ $49.2M

Saturated Acyclic Monocarboxylic Acids’s highest export potential is India. With an export gap of $220M.   Saturated Acyclic Monocarboxylic Acids’s highest import potential is India with an import gap of $49.2M.

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