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2022
Exports $2.09BWorld Rnk 1 / 140
Flag Rnk 289 / 1216
2022
Destination $138M Indonesia
2021 - 2022
FASTEST GROWING MARKET $138MIndonesia
2022
PRODUCT COMPLEXITY IN Refractory Bricks0.44Rnk 390 / 1025
2022
Imports $68.6MWorld Rnk 26 / 201
Flag Rnk 723 / 1212
2022
Origin $5.47M Japan
2021 - 2022
FASTEST GROWING ORIGIN $5.47MIndia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.09B in Refractory Bricks, making it the 1st largest exporter of Refractory Bricks in the world. At the same year, Refractory Bricks was the 289th most exported product in China. The main destination of Refractory Bricks exports from China are: Indonesia ($321M), India ($210M), South Korea ($193M), Japan ($146M), and Russia ($106M).

The fastest growing export markets for Refractory Bricks of China between 2021 and 2022 were Indonesia ($138M), India ($116M), and Russia ($65.3M).

Imports In 2022, China imported $68.6M in Refractory Bricks, becoming the 26th largest importer of Refractory Bricks in the world. At the same year, Refractory Bricks was the 723rd most imported product in China. China imports Refractory Bricks primarily from: Japan ($21.8M), Germany ($14.2M), India ($7.88M), United States ($5.98M), and France ($3.74M).

The fastest growing import markets in Refractory Bricks for China between 2021 and 2022 were India ($5.47M), France ($1.9M), and Russia ($418k).

COMPANIES In 2023, leading companies such as RHI Magnesita (273), IKEA Group (37), and 99 Cents Only Stores (5) were at the forefront of shipping Refractory Bricks from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Refractory Bricks exports accounted up to $135M and imports accounted up to $7.6M, resulting in a positive trade balance of $128M. Between July 2023 and July 2024 the exports of China's   Refractory Bricks have decreased by $-53.3M (-28.3%) from $189M to $135M, while imports increased by $192k (2.59%) from $7.41M to $7.6M.

Destinations In July 2024, Refractory Bricks were exported mostly to Japan ($15.1M), India ($15M), Indonesia ($14.5M), South Korea ($8.86M), and Malaysia ($7.48M), and were imported mostly from Japan ($2.52M), France ($2.4M), Germany ($878k), United States ($845k), and Italy ($291k).

Growth In July 2024, the decrease in Refractory Bricks's year-by-year exports was explained primarily by a decrease in exports to Japan ($-10.3M or -38.6%), Indonesia ($-8.82M or -21.8%), and South Korea ($-8.33M or -32.1%). In July 2024, the increase in Refractory Bricks's year-by-year imports was explained primarily by an increase in imports from Japan ($953k or 121%), South Korea ($264k or 9.07k%), and United States ($160k or 144%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-53.3M(-28.3%)
IMPORT GROWTH (July 2023 - July 2024)$192k(2.59%)
MAIN EXPORTER (July 2024)Liaoning Province$62.4M
MAIN DESTINATION (July 2024)Japan$15.1M

This section shows Refractory Bricks'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 Refractory Bricks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.09B
IMPORTS (2022)$68.6M
NET TRADE (2022)$2.02B

In 2022, China exported $2.09B in Refractory Bricks. The main destinations of China exports on Refractory Bricks were Indonesia ($321M), India ($210M), South Korea ($193M), Japan ($146M), and Russia ($106M).

In 2022, China imported $68.6M in Refractory Bricks, mainly from Japan ($21.8M), Germany ($14.2M), India ($7.88M), United States ($5.98M), and France ($3.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Bricks EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$138M (75.3%)
India$116M (124%)
Russia$65.3M (161%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Bricks BY China WERE (2021 - 2022):
Vietnam-$17.3M (-17.7%)
United Kingdom-$4.78M (-27.3%)
Cuba-$4.53M (-98.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Refractory Bricks were:
Germany $618M
Austria $234M
In 2022, China's main importing competitors in Refractory Bricks were:
Indonesia $360M
India $317M
United States $269M

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Trade Value of Refractory Bricks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $61.5M
TOP IMPORT POTENTIALIndia+ $8.67M

Refractory Bricks’s highest export potential is India. With an export gap of $61.5M.   Refractory Bricks’s highest import potential is India with an import gap of $8.67M.

See methodology.

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