Polycarboxylic Acids in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $5.6B in Polycarboxylic Acids, making it the 1st largest exporter of Polycarboxylic Acids in the world. At the same year, Polycarboxylic Acids was the 124th most exported product in China. The main destination of Polycarboxylic Acids exports from China are: India ($1.12B), Turkey ($800M), Vietnam ($335M), Oman ($314M), and Russia ($281M).

The fastest growing export markets for Polycarboxylic Acids of China between 2021 and 2022 were India ($490M), Turkey ($458M), and Vietnam ($164M).

Imports In 2022, China imported $695M in Polycarboxylic Acids, becoming the 7th largest importer of Polycarboxylic Acids in the world. At the same year, Polycarboxylic Acids was the 288th most imported product in China. China imports Polycarboxylic Acids primarily from: South Korea ($279M), Chinese Taipei ($187M), Japan ($61M), Germany ($47.9M), and United States ($27.6M).

The fastest growing import markets in Polycarboxylic Acids for China between 2021 and 2022 were Japan ($19M), Thailand ($16.6M), and Germany ($13.2M).

COMPANIES In 2023, leading companies such as JUSHI USA FIBERGLASS CO., LTD. (16), GIVAUDAN FRAGRANCES CORPORATION (15), and DUPONT SPECIALTY PRODUCTS USA, LLC (14) were at the forefront of shipping Polycarboxylic Acids from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Polycarboxylic Acids exports accounted up to $607M and imports accounted up to $42.6M, resulting in a positive trade balance of $564M. Between March 2023 and March 2024 the exports of China's Polycarboxylic Acids have increased by $61.4M (11.2%) from $545M to $607M, while imports increased by $7.2M (20.3%) from $35.4M to $42.6M.

Destinations In March 2024, Polycarboxylic Acids were exported mostly to Turkey ($111M), Vietnam ($69.9M), India ($39.6M), Egypt ($39.3M), and Russia ($36.5M), and were imported mostly from Chinese Taipei ($16.5M), South Korea ($13.1M), Japan ($4.63M), Germany ($2.91M), and United States ($1.28M).

Growth In March 2024, the increase in Polycarboxylic Acids's year-by-year exports was explained primarily by an increase in exports to Burma ($9.67M or 686%), Russia ($7.37M or 39.8%), and Peru ($3.55M or 162%). In March 2024, the increase in Polycarboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Indonesia ($4.75M or 377k%), India ($969k or 1.01k%), and United States ($735k or 53.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$61.4M(11.2%)

IMPORT GROWTH (March 2023 - March 2024)$7.2M(20.3%)

MAIN EXPORTER (March 2024)Shandong Province$104M

MAIN DESTINATION (March 2024)Turkey$111M

This section shows Polycarboxylic 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 Polycarboxylic Acids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.6B

IMPORTS (2022)$695M

NET TRADE (2022)$4.9B

In 2022, China exported $5.6B in Polycarboxylic Acids. The main destinations of China exports on Polycarboxylic Acids were India ($1.12B), Turkey ($800M), Vietnam ($335M), Oman ($314M), and Russia ($281M).

In 2022, China imported $695M in Polycarboxylic Acids, mainly from South Korea ($279M), Chinese Taipei ($187M), Japan ($61M), Germany ($47.9M), and United States ($27.6M).

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