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2022
Exports $87.3MWorld Rnk 7 / 170
Flag Rnk 896 / 1216
2022
Destination $3.89M Japan
2021 - 2022
FASTEST GROWING MARKET $3.89MBrazil
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $101MWorld Rnk 1 / 220
Flag Rnk 649 / 1212
2022
Origin $4.09M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $4.09MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $87.3M in Organic Composite Solvents, making it the 7th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 896th most exported product in China. The main destination of Organic Composite Solvents exports from China are: Japan ($23.2M), Vietnam ($6.29M), Brazil ($4.11M), Indonesia ($3.59M), and Chinese Taipei ($3.57M).

The fastest growing export markets for Organic Composite Solvents of China between 2021 and 2022 were Brazil ($3.89M), Japan ($3.39M), and Australia ($2.48M).

Imports In 2022, China imported $101M in Organic Composite Solvents, becoming the 1st largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 649th most imported product in China. China imports Organic Composite Solvents primarily from: South Korea ($40.4M), Germany ($15.3M), United States ($14.3M), Japan ($12.5M), and Chinese Taipei ($8.29M).

The fastest growing import markets in Organic Composite Solvents for China between 2021 and 2022 were United States ($4.09M), Chinese Taipei ($1.5M), and Thailand ($837k).

COMPANIES In 2023, leading companies such as MERCHSOURCE LLC (5), COSTCO WHOLESALE COPRORATION (2), and AT HOME PROCUREMENT INC (1) were at the forefront of shipping Organic Composite Solvents from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Organic Composite Solvents exports accounted up to $4.48M and imports accounted up to $10.7M, resulting in a negative trade balance of $6.25M. Between March 2023 and March 2024 the exports of China's   Organic Composite Solvents have increased by $1.25M (38.6%) from $3.24M to $4.48M, while imports decreased by $-136k (-1.25%) from $10.9M to $10.7M.

Destinations In March 2024, Organic Composite Solvents were exported mostly to Brazil ($896k), Vietnam ($661k), Bangladesh ($250k), Russia ($194k), and Hong Kong ($177k), and were imported mostly from Japan ($3.08M), Germany ($2.59M), Chinese Taipei ($2.4M), South Korea ($987k), and Netherlands ($433k).

Growth In March 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to United States ($285k or 26.8k%), Indonesia ($197k or 62.3%), and Mexico ($193k or 5.59k%). In March 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-1.8M or -71.1%), Netherlands ($-402k or -66.8%), and Chinese Taipei ($-370k or -33.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$1.25M(38.6%)
IMPORT GROWTH (March 2023 - March 2024)$-136k(-1.25%)
MAIN EXPORTER (March 2024)Jiangsu Province$2.5M
MAIN DESTINATION (March 2024)Brazil$896k

This section shows Organic Composite Solvents'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 Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$87.3M
IMPORTS (2022)$101M
NET TRADE (2022)-$14M

In 2022, China exported $87.3M in Organic Composite Solvents. The main destinations of China exports on Organic Composite Solvents were Japan ($23.2M), Vietnam ($6.29M), Brazil ($4.11M), Indonesia ($3.59M), and Chinese Taipei ($3.57M).

In 2022, China imported $101M in Organic Composite Solvents, mainly from South Korea ($40.4M), Germany ($15.3M), United States ($14.3M), Japan ($12.5M), and Chinese Taipei ($8.29M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR China WERE (2021 - 2022):
Brazil$3.89M (1.74k%)
Japan$3.39M (17.1%)
Australia$2.48M (234%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY China WERE (2021 - 2022):
United Kingdom-$4.2M (-58.9%)
Hong Kong-$2.32M (-48.5%)
Indonesia-$664k (-15.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Organic Composite Solvents were:
Germany $300M
United States $278M
Italy $166M
In 2022, China's main importing competitors in Organic Composite Solvents were:
United States $95M
Vietnam $89.2M

Explore Visualizations

Trade Value of Organic Composite Solvents by Exporters

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