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2022
Exports $2.95BWorld Rnk 1 / 57
Flag Rnk 206 / 4606
2022
Destination $438M India
2021 - 2022
FASTEST GROWING MARKET $438MIndia
2022
Imports $61.9MWorld Rnk 20 / 86
Flag Rnk 1500 / 4539
2022
Origin $16.5M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $16.5MThailand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.95B in Terephthalic acid, its salts, making it the 1st largest exporter of Terephthalic acid, its salts in the world. At the same year, Terephthalic acid, its salts was the 206th most exported product in China. The main destination of Terephthalic acid, its salts exports from China are: India ($823M), Turkey ($607M), Oman ($308M), Vietnam ($286M), and Russia ($214M).

The fastest growing export markets for Terephthalic acid, its salts of China between 2021 and 2022 were India ($438M), Turkey ($407M), and Vietnam ($161M).

Imports In 2022, China imported $61.9M in Terephthalic acid, its salts, becoming the 20th largest importer of Terephthalic acid, its salts in the world. At the same year, Terephthalic acid, its salts was the 1500th most imported product in China. China imports Terephthalic acid, its salts primarily from: Chinese Taipei ($21.3M), Thailand ($19.7M), Indonesia ($7.85M), Japan ($6.53M), and South Korea ($4.69M).

The fastest growing import markets in Terephthalic acid, its salts for China between 2021 and 2022 were Thailand ($16.5M), Indonesia ($7.59M), and South Korea ($4.67M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Terephthalic acid, its salts from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Terephthalic acid, its salts exports accounted up to $302M and imports accounted up to $609k, resulting in a positive trade balance of $302M. Between July 2023 and July 2024 the exports of China's   Terephthalic acid, its salts have increased by $118M (63.7%) from $185M to $302M, while imports increased by $292k (92%) from $317k to $609k.

Destinations In July 2024, Terephthalic acid, its salts were exported mostly to India ($77.7M), Vietnam ($50.4M), Egypt ($33.6M), Pakistan ($29.5M), and Saudi Arabia ($18.3M), and were imported mostly from South Korea ($299k), Egypt ($126k), Thailand ($61.4k), Oman ($47.3k), and Saudi Arabia ($36.8k).

Growth In July 2024, the increase in Terephthalic acid, its salts's year-by-year exports was explained primarily by an increase in exports to Russia ($8.03M or 70%), Belgium ($625k or 760%), and Italy ($46.8k or 14.2%). In July 2024, the increase in Terephthalic acid, its salts's year-by-year imports was explained primarily by an increase in imports from Japan ($6.92k or 641%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$118M(63.7%)
IMPORT GROWTH (July 2023 - July 2024)$292k(92%)
MAIN EXPORTER (July 2024)Jiangsu Province$92M
MAIN DESTINATION (July 2024)India$77.7M

This section shows Terephthalic acid, its salts'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 Terephthalic acid, its salts over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Terephthalic acid, its salts throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.95B
IMPORTS (2022)$61.9M
NET TRADE (2022)$2.89B

In 2022, China exported $2.95B in Terephthalic acid, its salts. The main destinations of China exports on Terephthalic acid, its salts were India ($823M), Turkey ($607M), Oman ($308M), Vietnam ($286M), and Russia ($214M).

In 2022, China imported $61.9M in Terephthalic acid, its salts, mainly from Chinese Taipei ($21.3M), Thailand ($19.7M), Indonesia ($7.85M), Japan ($6.53M), and South Korea ($4.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Terephthalic acid, its salts EXPORT MARKETS FOR China WERE (2021 - 2022):
India$438M (114%)
Turkey$407M (203%)
Vietnam$161M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Terephthalic acid, its salts BY China WERE (2021 - 2022):
Spain-$31.9M (-94.8%)
Belgium-$7.87M (-66%)
Lithuania-$5.02M (-53.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Terephthalic acid, its salts were:
South Korea $1.43B
Thailand $928M
In 2022, China's main importing competitors in Terephthalic acid, its salts were:
Turkey $1.65B
India $1.41B
Vietnam $801M

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Trade Value of Terephthalic acid, its salts by Exporters

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