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2022
Exports $94.4MWorld Rnk 4 / 43
Flag Rnk 2381 / 4606
2022
Destination $8.47M South Korea
2021 - 2022
FASTEST GROWING MARKET $8.47MSouth Korea
2022
Imports $17MWorld Rnk 9 / 94
Flag Rnk 2407 / 4539
2022
Origin $9.91M Russia
2021 - 2022
FASTEST GROWING ORIGIN $9.91MRussia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $94.4M in Vanadium oxides and hydroxides, making it the 4th largest exporter of Vanadium oxides and hydroxides in the world. At the same year, Vanadium oxides and hydroxides was the 2381st most exported product in China. The main destination of Vanadium oxides and hydroxides exports from China are: South Korea ($40M), Netherlands ($13.6M), Japan ($12.2M), Canada ($10.2M), and Germany ($6.5M).

The fastest growing export markets for Vanadium oxides and hydroxides of China between 2021 and 2022 were South Korea ($8.47M), Netherlands ($6.86M), and Russia ($4.63M).

Imports In 2022, China imported $17M in Vanadium oxides and hydroxides, becoming the 9th largest importer of Vanadium oxides and hydroxides in the world. At the same year, Vanadium oxides and hydroxides was the 2407th most imported product in China. China imports Vanadium oxides and hydroxides primarily from: Russia ($16.2M), South Korea ($332k), Japan ($332k), Hong Kong ($60.1k), and United Kingdom ($5.02k).

The fastest growing import markets in Vanadium oxides and hydroxides for China between 2021 and 2022 were Russia ($9.91M), United Kingdom ($2.39k), and China ($792).

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

Latest Trends

July 2024

About

Overview In July 2024 China's Vanadium oxides and hydroxides exports accounted up to $9.76M and imports accounted up to $52.9k, resulting in a positive trade balance of $9.71M. Between July 2023 and July 2024 the exports of China's   Vanadium oxides and hydroxides have increased by $819k (9.16%) from $8.94M to $9.76M, while imports decreased by $-7.85M (-99.3%) from $7.91M to $52.9k.

Destinations In July 2024, Vanadium oxides and hydroxides were exported mostly to Russia ($3.87M), South Korea ($1.95M), Netherlands ($1.58M), India ($1.43M), and Japan ($679k), and were imported mostly from Japan ($50.7k), United States ($892), United Kingdom ($710), Switzerland ($444), and China ($129).

Growth In July 2024, the increase in Vanadium oxides and hydroxides's year-by-year exports was explained primarily by an increase in exports to N/A. In July 2024, the decrease in Vanadium oxides and hydroxides's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$819k(9.16%)
IMPORT GROWTH (July 2023 - July 2024)$-7.85M(-99.3%)
MAIN EXPORTER (July 2024)Liaoning Province$4.37M
MAIN DESTINATION (July 2024)Russia$3.87M

This section shows Vanadium oxides and hydroxides'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 Vanadium oxides and hydroxides over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Vanadium oxides and hydroxides 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)$94.4M
IMPORTS (2022)$17M
NET TRADE (2022)$77.4M

In 2022, China exported $94.4M in Vanadium oxides and hydroxides. The main destinations of China exports on Vanadium oxides and hydroxides were South Korea ($40M), Netherlands ($13.6M), Japan ($12.2M), Canada ($10.2M), and Germany ($6.5M).

In 2022, China imported $17M in Vanadium oxides and hydroxides, mainly from Russia ($16.2M), South Korea ($332k), Japan ($332k), Hong Kong ($60.1k), and United Kingdom ($5.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanadium oxides and hydroxides EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$8.47M (26.9%)
Netherlands$6.86M (101%)
Russia$4.63M (464%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanadium oxides and hydroxides BY China WERE (2021 - 2022):
Iran-$532k (-100%)
Saudi Arabia-$312k (-63.6%)
Kuwait-$272k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Vanadium oxides and hydroxides were:
Brazil $156M
Russia $141M
South Africa $98.7M
In 2022, China's main importing competitors in Vanadium oxides and hydroxides were:
Czechia $128M
Netherlands $117M
South Korea $78M

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Trade Value of Vanadium oxides and hydroxides by Exporters

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