2022
Exports
$145MWorld Rnk 4 / 153
Flag Rnk 832 / 1216
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$25.5MWorld Rnk 22 / 180
Flag Rnk 890 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $145M in Laboratory Reagents, making it the 4th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 832nd most exported product in China. The main destination of Laboratory Reagents exports from China are: Brunei ($28.3M), Philippines ($15.1M), Angola ($15.1M), Chinese Taipei ($11.3M), and Argentina ($11.1M).

The fastest growing export markets for Laboratory Reagents of China between 2021 and 2022 were Brunei ($24.6M), Angola ($7.87M), and Chinese Taipei ($7.76M).

Imports In 2022, China imported $25.5M in Laboratory Reagents, becoming the 22nd largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 890th most imported product in China. China imports Laboratory Reagents primarily from: Chinese Taipei ($22M), Ukraine ($2.41M), Georgia ($761k), Philippines ($246k), and Brunei ($25.4k).

The fastest growing import markets in Laboratory Reagents for China between 2021 and 2022 were Philippines ($232k) and Brunei ($25.4k).

COMPANIES In 2023, leading companies such as Ford Motor Company (29), MerchSource (3), and Walgreens (2) were at the forefront of shipping Laboratory Reagents from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$37.3M(29.3%)
IMPORT GROWTH (July 2023 - July 2024)$67.2M(14.7%)
MAIN EXPORTER (July 2024)Guangdong Province$54.6M
MAIN DESTINATION (July 2024)United States$34.2M

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$145M
IMPORTS (2022)$25.5M
NET TRADE (2022)$119M

In 2022, China exported $145M in Laboratory Reagents. The main destinations of China exports on Laboratory Reagents were Brunei ($28.3M), Philippines ($15.1M), Angola ($15.1M), Chinese Taipei ($11.3M), and Argentina ($11.1M).

In 2022, China imported $25.5M in Laboratory Reagents, mainly from Chinese Taipei ($22M), Ukraine ($2.41M), Georgia ($761k), Philippines ($246k), and Brunei ($25.4k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR China WERE (2021 - 2022):
Brunei$24.6M (668%)
Angola$7.87M (109%)
Chinese Taipei$7.76M (219%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY China WERE (2021 - 2022):
Germany-$902M (-100%)
United States-$560M (-100%)
Hong Kong-$276M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Laboratory Reagents were:
In 2022, China's main importing competitors in Laboratory Reagents were:

Explore Visualizations

Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $225M
TOP IMPORT POTENTIALGermany+ $120M

Laboratory Reagents’s highest export potential is Japan. With an export gap of $225M.   Laboratory Reagents’s highest import potential is Germany with an import gap of $120M.

See methodology.

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