Wood Tar, Oils and Pitch in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $4.75M in Wood Tar, Oils and Pitch, making it the 6th largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1133rd most exported product in China. The main destination of Wood Tar, Oils and Pitch exports from China are: South Korea ($1.26M), Japan ($962k), Sweden ($726k), Thailand ($407k), and Malaysia ($292k).

The fastest growing export markets for Wood Tar, Oils and Pitch of China between 2021 and 2022 were Malaysia ($284k), South Africa ($168k), and Kenya ($143k).

Imports In 2022, China imported $3.08M in Wood Tar, Oils and Pitch, becoming the 12th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1103rd most imported product in China. China imports Wood Tar, Oils and Pitch primarily from: United States ($2.89M), Japan ($69.1k), New Zealand ($42.5k), Germany ($19.8k), and Chinese Taipei ($17.1k).

The fastest growing import markets in Wood Tar, Oils and Pitch for China between 2021 and 2022 were Japan ($67k), Germany ($15.2k), and Indonesia ($10.4k).

COMPANIES In 2023, leading companies such as WALMART INC (1) and THE UTTERMOST COMPANY (1) were at the forefront of shipping Wood Tar, Oils and Pitch from China to the United States.

Latest Trends

March 2024

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Overview In March 2024 China's Wood Tar, Oils and Pitch exports accounted up to $334k and imports accounted up to $85.6k, resulting in a positive trade balance of $248k. Between March 2023 and March 2024 the exports of China's Wood Tar, Oils and Pitch have increased by $128k (62.4%) from $205k to $334k, while imports decreased by $-399k (-82.3%) from $484k to $85.6k.

Destinations In March 2024, Wood Tar, Oils and Pitch were exported mostly to Japan ($141k), Sweden ($53.8k), Thailand ($50.9k), Hong Kong ($38.7k), and Kenya ($34.4k), and were imported mostly from United States ($72.2k), Switzerland ($11.1k), Chinese Taipei ($2.23k), and Spain ($101).

Growth In March 2024, the increase in Wood Tar, Oils and Pitch's year-by-year exports was explained primarily by an increase in exports to . In March 2024, the decrease in Wood Tar, Oils and Pitch's year-by-year imports was explained primarily by a decrease in imports from United States ($-130k or -33.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$128k(62.4%)

IMPORT GROWTH (March 2023 - March 2024)$-399k(-82.3%)

MAIN EXPORTER (March 2024)Fujian Province$318k

MAIN DESTINATION (March 2024)Japan$141k

This section shows Wood Tar, Oils and Pitch'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 Wood Tar, Oils and Pitch over time.

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