Reaction and Catalytic Products in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.03B in Reaction and Catalytic Products, making it the 8th largest exporter of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 427th most exported product in China. The main destination of Reaction and Catalytic Products exports from China are: United States ($121M), South Korea ($113M), Chinese Taipei ($79.1M), Russia ($75.1M), and United Arab Emirates ($60.4M).

The fastest growing export markets for Reaction and Catalytic Products of China between 2021 and 2022 were Russia ($64.4M), South Korea ($37.9M), and Chinese Taipei ($27M).

Imports In 2022, China imported $1.92B in Reaction and Catalytic Products, becoming the 3rd largest importer of Reaction and Catalytic Products in the world. At the same year, Reaction and Catalytic Products was the 147th most imported product in China. China imports Reaction and Catalytic Products primarily from: United States ($673M), Japan ($330M), Italy ($285M), Germany ($222M), and France ($53.1M).

The fastest growing import markets in Reaction and Catalytic Products for China between 2021 and 2022 were Italy ($82.5M), United States ($78.2M), and Japan ($47.5M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (222), GITI TIRE (USA) LTD. (39), and DOLLARAMA L.P. (35) were at the forefront of shipping Reaction and Catalytic Products from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Reaction and Catalytic Products exports accounted up to $69.6M and imports accounted up to $194M, resulting in a negative trade balance of $124M. Between February 2023 and February 2024 the exports of China's Reaction and Catalytic Products have decreased by $-13.4M (-16.1%) from $83M to $69.6M, while imports decreased by $-20.8M (-9.69%) from $215M to $194M.

Destinations In February 2024, Reaction and Catalytic Products were exported mostly to South Korea ($13M), Russia ($10.6M), United Arab Emirates ($8.36M), United States ($4.99M), and Saudi Arabia ($3.61M), and were imported mostly from United States ($108M), Italy ($32.6M), Germany ($18.4M), Japan ($15.1M), and France ($8.54M).

Growth In February 2024, the decrease in Reaction and Catalytic Products's year-by-year exports was explained primarily by a decrease in exports to Venezuela ($-10.6M or -100%), South Korea ($-5.78M or -50.4%), and Taiwan ($-4.05M or -70.7%). In February 2024, the decrease in Reaction and Catalytic Products's year-by-year imports was explained primarily by a decrease in imports from Italy ($-19M or -76%), Belgium ($-12.1M or -86.5%), and Germany ($-11.3M or -30.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-13.4M(-16.1%)

IMPORT GROWTH (February 2023 - February 2024)$-20.8M(-9.69%)

MAIN EXPORTER (February 2024)Beijing$24.6M

MAIN DESTINATION (February 2024)South Korea$13M

This section shows Reaction and Catalytic Products'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 Reaction and Catalytic Products over time.

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