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2022
Exports $1.84BWorld Rnk 3 / 113
Flag Rnk 311 / 1216
2022
Destination $420M Russia
2021 - 2022
FASTEST GROWING MARKET $420MRussia
2022
PRODUCT COMPLEXITY IN Aluminium Oxide-1.13Rnk 865 / 1025
2022
Imports $1.05BWorld Rnk 7 / 182
Flag Rnk 212 / 1212
2022
Origin $262M Australia
2021 - 2022
FASTEST GROWING ORIGIN $262MAustralia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.84B in Aluminium Oxide, making it the 3rd largest exporter of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 311th most exported product in China. The main destination of Aluminium Oxide exports from China are: Russia ($432M), United States ($197M), Japan ($190M), South Korea ($166M), and India ($97.9M).

The fastest growing export markets for Aluminium Oxide of China between 2021 and 2022 were Russia ($420M), United States ($75.8M), and United Arab Emirates ($27.4M).

Imports In 2022, China imported $1.05B in Aluminium Oxide, becoming the 7th largest importer of Aluminium Oxide in the world. At the same year, Aluminium Oxide was the 212th most imported product in China. China imports Aluminium Oxide primarily from: Australia ($369M), Indonesia ($185M), Vietnam ($117M), Germany ($97.8M), and Japan ($81M).

The fastest growing import markets in Aluminium Oxide for China between 2021 and 2022 were Australia ($262M), Indonesia ($119M), and Germany ($14.8M).

COMPANIES In 2023, leading companies such as Hongkong Xin Jie Technology (40), Cinmar (37), and Costco Wholesale (33) were at the forefront of shipping Aluminium Oxide from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Aluminium Oxide exports accounted up to $158M and imports accounted up to $60.5M, resulting in a positive trade balance of $97.4M. Between July 2023 and July 2024 the exports of China's   Aluminium Oxide have increased by $21.2M (15.5%) from $137M to $158M, while imports decreased by $-8.13M (-11.8%) from $68.7M to $60.5M.

Destinations In July 2024, Aluminium Oxide were exported mostly to Russia ($76.2M), South Korea ($16M), United States ($11.2M), Japan ($9.44M), and Netherlands ($6.9M), and were imported mostly from Australia ($30.4M), United States ($9.72M), Germany ($8.37M), Japan ($5.71M), and France ($2.06M).

Growth In July 2024, the increase in Aluminium Oxide's year-by-year exports was explained primarily by an increase in exports to Russia ($54.9M or 2.53k%), Chinese Taipei ($7.38M or 161%), and United States ($4.49M or 53%). In July 2024, the decrease in Aluminium Oxide's year-by-year imports was explained primarily by a decrease in imports from India ($-11.9M or -99.1%), Australia ($-9.47M or -22.1%), and Japan ($-4.37M or -55.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$21.2M(15.5%)
IMPORT GROWTH (July 2023 - July 2024)$-8.13M(-11.8%)
MAIN EXPORTER (July 2024)Beijing$78.3M
MAIN DESTINATION (July 2024)Russia$76.2M

This section shows Aluminium Oxide'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 Aluminium Oxide over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.84B
IMPORTS (2022)$1.05B
NET TRADE (2022)$795M

In 2022, China exported $1.84B in Aluminium Oxide. The main destinations of China exports on Aluminium Oxide were Russia ($432M), United States ($197M), Japan ($190M), South Korea ($166M), and India ($97.9M).

In 2022, China imported $1.05B in Aluminium Oxide, mainly from Australia ($369M), Indonesia ($185M), Vietnam ($117M), Germany ($97.8M), and Japan ($81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Oxide EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$420M (3.59k%)
United States$75.8M (62.8%)
United Arab Emirates$27.4M (93.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Oxide BY China WERE (2021 - 2022):
South Korea-$34.5M (-17.2%)
Netherlands-$22.8M (-24.3%)
India-$14.4M (-12.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Aluminium Oxide were:
Australia $6.29B
Brazil $3.39B
In 2022, China's main importing competitors in Aluminium Oxide were:
Canada $1.75B
Russia $1.47B
United Arab Emirates $1.29B

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Trade Value of Aluminium Oxide by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $90.8M
TOP IMPORT POTENTIALVietnam+ $54.3M

Aluminium Oxide’s highest export potential is India. With an export gap of $90.8M.   Aluminium Oxide’s highest import potential is Vietnam with an import gap of $54.3M.

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