2023
Exports
$2.33BWorld Rnk 1 / 126
Flag Rnk 247 / 1215
2023
PRODUCT COMPLEXITY IN Unsaturated Acyclic Monocarboxylic Acids
1.27Rnk 86 / 1025
2023
Imports
$439MWorld Rnk 6 / 202
Flag Rnk 358 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.33B 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 247th most exported product in China. The main destination of Unsaturated Acyclic Monocarboxylic Acids exports from China are: India ($445M), United States ($205M), Brazil ($132M), South Korea ($130M), and Chinese Taipei ($88.8M).

The fastest growing export markets for Unsaturated Acyclic Monocarboxylic Acids of China between 2022 and 2023 were Zimbabwe ($7.46M), New Zealand ($4.53M), and Egypt ($4.01M).

Imports In 2023, China imported $439M in Unsaturated Acyclic Monocarboxylic Acids, becoming the 6th largest importer of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 358th most imported product in China. China imports Unsaturated Acyclic Monocarboxylic Acids primarily from: South Korea ($85.4M), Chinese Taipei ($78.4M), Japan ($55.1M), India ($49.7M), and Malaysia ($47.2M).

The fastest growing import markets in Unsaturated Acyclic Monocarboxylic Acids for China between 2022 and 2023 were Rwanda ($3.36M), Russia ($1.85M), and Singapore ($1.78M).

COMPANIES In 2024, leading companies such as CrimsonLogic (85), Amazon (23), and Steve Silver (8) were at the forefront of shipping Unsaturated Acyclic Monocarboxylic Acids from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$20.3M(12.1%)
IMPORT GROWTH (December 2023 - December 2024)$13.3M(43.5%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)India$29.5M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.33B
IMPORTS (2023)$439M
NET TRADE (2023)$1.89B

In 2023, China exported $2.33B in Unsaturated Acyclic Monocarboxylic Acids. The main destinations of China exports on Unsaturated Acyclic Monocarboxylic Acids were India ($445M), United States ($205M), Brazil ($132M), South Korea ($130M), and Chinese Taipei ($88.8M).

In 2023, China imported $439M in Unsaturated Acyclic Monocarboxylic Acids, mainly from South Korea ($85.4M), Chinese Taipei ($78.4M), Japan ($55.1M), India ($49.7M), and Malaysia ($47.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unsaturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR China WERE (2022 - 2023):
Zimbabwe$7.46M (573%)
New Zealand$4.53M (71%)
Egypt$4.01M (10.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unsaturated Acyclic Monocarboxylic Acids BY China WERE (2022 - 2023):
India-$192M (-30.2%)
United States-$164M (-44.4%)
Turkey-$109M (-55.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Unsaturated Acyclic Monocarboxylic Acids were:
In 2023, China's main importing competitors in Unsaturated Acyclic Monocarboxylic Acids were:

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Trade Value of Unsaturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $162M
TOP IMPORT POTENTIALIndia+ $47.4M

Unsaturated Acyclic Monocarboxylic Acids’s highest export potential is India. With an export gap of $162M.   Unsaturated Acyclic Monocarboxylic Acids’s highest import potential is India with an import gap of $47.4M.

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