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2022
Exports $52.7MWorld Rnk 2 / 95
Flag Rnk 949 / 1216
2022
Destination $1.28M Japan
2021 - 2022
FASTEST GROWING MARKET $1.28MNorway
2022
Imports $59.7MWorld Rnk 1 / 161
Flag Rnk 752 / 1212
2022
Origin $14.3M India
2021 - 2022
FASTEST GROWING ORIGIN $14.3MIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $52.7M in Mica, making it the 2nd largest exporter of Mica in the world. At the same year, Mica was the 949th most exported product in China. The main destination of Mica exports from China are: Japan ($26.5M), South Korea ($3.78M), Germany ($3.3M), United States ($2.85M), and Norway ($2.33M).

The fastest growing export markets for Mica of China between 2021 and 2022 were Norway ($1.28M), Hong Kong ($734k), and Philippines ($661k).

Imports In 2022, China imported $59.7M in Mica, becoming the 1st largest importer of Mica in the world. At the same year, Mica was the 752nd most imported product in China. China imports Mica primarily from: India ($32.6M), Madagascar ($15.1M), Nigeria ($5.72M), Russia ($1.25M), and Japan ($658k).

The fastest growing import markets in Mica for China between 2021 and 2022 were India ($14.3M), Madagascar ($4.14M), and Nigeria ($2.71M).

COMPANIES In 2023, leading companies such as GLOBAL ETRADE SERVICES INC (33), WISMETTAC ASIAN FOODS,INC. (17), and CUMMINS ROCKY MOUNT ENGINE PLANT (17) were at the forefront of shipping Mica from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Mica exports accounted up to $3.6M and imports accounted up to $9.18M, resulting in a negative trade balance of $5.58M. Between March 2023 and March 2024 the exports of China's   Mica have decreased by $-1.61M (-30.9%) from $5.21M to $3.6M, while imports increased by $2.33M (33.9%) from $6.85M to $9.18M.

Destinations In March 2024, Mica were exported mostly to Japan ($2.09M), United States ($338k), South Korea ($290k), Italy ($141k), and Germany ($138k), and were imported mostly from India ($5.19M), Madagascar ($1.14M), Nigeria ($1.11M), Tanzania ($527k), and Malawi ($510k).

Growth In March 2024, the decrease in Mica's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-161k or -56.1%), Germany ($-152k or -65%), and Netherlands ($-144k or -52.3%). In March 2024, the increase in Mica's year-by-year imports was explained primarily by an increase in imports from Madagascar ($1.15M or 324%), Nigeria ($619k or 208%), and Russia ($90.9k or 252%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$-1.61M(-30.9%)
IMPORT GROWTH (March 2023 - March 2024)$2.33M(33.9%)
MAIN EXPORTER (March 2024)Zhejiang Province$1.38M
MAIN DESTINATION (March 2024)Japan$2.09M

This section shows Mica'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 Mica over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$52.7M
IMPORTS (2022)$59.7M
NET TRADE (2022)-$6.99M

In 2022, China exported $52.7M in Mica. The main destinations of China exports on Mica were Japan ($26.5M), South Korea ($3.78M), Germany ($3.3M), United States ($2.85M), and Norway ($2.33M).

In 2022, China imported $59.7M in Mica, mainly from India ($32.6M), Madagascar ($15.1M), Nigeria ($5.72M), Russia ($1.25M), and Japan ($658k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mica EXPORT MARKETS FOR China WERE (2021 - 2022):
Norway$1.28M (121%)
Hong Kong$734k (211%)
Philippines$661k (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mica BY China WERE (2021 - 2022):
Netherlands-$1.65M (-63.9%)
Germany-$1.64M (-33.2%)
United Kingdom-$1.42M (-49.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Mica were:
India $56.6M
Madagascar $15.9M
In 2022, China's main importing competitors in Mica were:
Japan $36.9M
Germany $19.4M

Explore Visualizations

Trade Value of Mica by Exporters

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