Unsaturated Acyclic Monocarboxylic Acids in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $3.2B in Unsaturated Acyclic Monocarboxylic Acids, making it the 1st largest exporter of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 216th most exported product in China. The main destination of Unsaturated Acyclic Monocarboxylic Acids exports from China are: India ($529M), United States ($341M), Brazil ($186M), Turkey ($179M), and Chinese Taipei ($175M).

The fastest growing export markets for Unsaturated Acyclic Monocarboxylic Acids of China between 2021 and 2022 were Brazil ($95.1M), United Kingdom ($22.7M), and Russia ($22M).

Imports In 2022, China imported $499M in Unsaturated Acyclic Monocarboxylic Acids, becoming the 7th largest importer of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 348th most imported product in China. China imports Unsaturated Acyclic Monocarboxylic Acids primarily from: South Korea ($107M), Chinese Taipei ($81.5M), Japan ($73.3M), India ($54.1M), and Malaysia ($46.9M).

The fastest growing import markets in Unsaturated Acyclic Monocarboxylic Acids for China between 2021 and 2022 were South Korea ($16.8M), India ($13.5M), and Russia ($12.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (139), Steve Silver (15), and Amazon (6) were at the forefront of shipping Unsaturated Acyclic Monocarboxylic Acids from China to the United States.

Latest Trends

November 2024

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Overview In November 2024 China's Unsaturated Acyclic Monocarboxylic Acids exports accounted up to $199M and imports accounted up to $35.2M, resulting in a positive trade balance of $163M. Between November 2023 and November 2024 the exports of China's Unsaturated Acyclic Monocarboxylic Acids have increased by $43.8M (28.3%) from $155M to $199M, while imports decreased by $-1.34M (-3.67%) from $36.5M to $35.2M.

Destinations In November 2024, Unsaturated Acyclic Monocarboxylic Acids were exported mostly to India ($33.7M), South Korea ($17.5M), United States ($14.9M), Brazil ($9.39M), and Netherlands ($8.82M), and were imported mostly from South Korea ($8.78M), Japan ($5.84M), Thailand ($3.91M), Malaysia ($3.61M), and Chinese Taipei ($3.2M).

Growth In November 2024, the increase in Unsaturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($1.08M or 42.7%), Poland ($584k or 36.5%), and Algeria ($538k or 533%). In November 2024, the decrease in Unsaturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-5.21M or -47%), Malaysia ($-4.95M or -70.5%), and Germany ($-3.71M or -82.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$43.8M(28.3%)

IMPORT GROWTH (November 2023 - November 2024)$-1.34M(-3.67%)

MAIN EXPORTER (November 2024)Jiangsu Province$78.4M

MAIN DESTINATION (November 2024)India$33.7M

This section shows Unsaturated 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 Unsaturated Acyclic Monocarboxylic Acids over time.

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