Silicates in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $226M in Silicates, making it the 1st largest exporter of Silicates in the world. At the same year, Silicates was the 737th most exported product in China. The main destination of Silicates exports from China are: South Korea ($41.7M), Japan ($24.8M), Chinese Taipei ($18.8M), Indonesia ($14.5M), and Saudi Arabia ($11.7M).

The fastest growing export markets for Silicates of China between 2021 and 2022 were Saudi Arabia ($8.09M), United States ($7.37M), and South Korea ($7.2M).

Imports In 2022, China imported $20.5M in Silicates, becoming the 15th largest importer of Silicates in the world. At the same year, Silicates was the 921st most imported product in China. China imports Silicates primarily from: Netherlands ($5.05M), United States ($3.22M), South Korea ($2.16M), Japan ($2M), and Malaysia ($1.82M).

The fastest growing import markets in Silicates for China between 2021 and 2022 were Malaysia ($1.47M), South Korea ($729k), and France ($705k).

COMPANIES In 2023, leading companies such as ASUS COMPUTER INTERNATIONAL (17), ELECTROLUX HOME PRODUCTS INC (15), and CONAIR CORPORATION (2) were at the forefront of shipping Silicates from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Silicates exports accounted up to $13.8M and imports accounted up to $2.29M, resulting in a positive trade balance of $11.6M. Between March 2023 and March 2024 the exports of China's Silicates have decreased by $-7.69M (-35.7%) from $21.5M to $13.8M, while imports increased by $701k (44.1%) from $1.59M to $2.29M.

Destinations In March 2024, Silicates were exported mostly to South Korea ($2.88M), Japan ($2.02M), Guatemala ($892k), Chinese Taipei ($550k), and Russia ($512k), and were imported mostly from Japan ($817k), France ($497k), South Korea ($321k), Belgium ($282k), and Germany ($72.8k).

Growth In March 2024, the decrease in Silicates's year-by-year exports was explained primarily by a decrease in exports to Japan ($-2.17M or -50%), Indonesia ($-1.03M or -50.1%), and Hong Kong ($-665k or -87.7%). In March 2024, the increase in Silicates's year-by-year imports was explained primarily by an increase in imports from Malaysia ($28.6k or 594%), Netherlands ($15.7k or 15.1%), and United Kingdom ($8.36k or 6.98%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-7.69M(-35.7%)

IMPORT GROWTH (March 2023 - March 2024)$701k(44.1%)

MAIN EXPORTER (March 2024)Shandong Province$7.76M

MAIN DESTINATION (March 2024)South Korea$2.88M

This section shows Silicates'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 Silicates over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$226M

IMPORTS (2022)$20.5M

NET TRADE (2022)$206M

In 2022, China exported $226M in Silicates. The main destinations of China exports on Silicates were South Korea ($41.7M), Japan ($24.8M), Chinese Taipei ($18.8M), Indonesia ($14.5M), and Saudi Arabia ($11.7M).

In 2022, China imported $20.5M in Silicates, mainly from Netherlands ($5.05M), United States ($3.22M), South Korea ($2.16M), Japan ($2M), and Malaysia ($1.82M).

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