2022
Exports
$4.22MWorld Rnk 23 / 105
Flag Rnk 1141 / 1216
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$113MWorld Rnk 3 / 195
Flag Rnk 626 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $4.22M in Peat, making it the 23rd largest exporter of Peat in the world. At the same year, Peat was the 1141st most exported product in China. The main destination of Peat exports from China are: Japan ($2.42M), Chinese Taipei ($654k), Thailand ($178k), Kuwait ($175k), and South Korea ($147k).

The fastest growing export markets for Peat of China between 2021 and 2022 were Japan ($223k), Kuwait ($175k), and South Korea ($129k).

Imports In 2022, China imported $113M in Peat, becoming the 3rd largest importer of Peat in the world. At the same year, Peat was the 626th most imported product in China. China imports Peat primarily from: Latvia ($50.6M), Estonia ($34.1M), Russia ($14.6M), Netherlands ($6.47M), and Poland ($5.21M).

The fastest growing import markets in Peat for China between 2021 and 2022 were Latvia ($24.7M), Estonia ($14M), and Russia ($8.84M).

COMPANIES In 2023, leading companies such as CrimsonLogic (62), Amazon (26), and Mystic Apparel (11) were at the forefront of shipping Peat from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-3.42k(-6.96%)
IMPORT GROWTH (July 2023 - July 2024)$1.7M(15.4%)
MAIN EXPORTER (July 2024)Liaoning Province$116k
MAIN DESTINATION (July 2024)Japan$28.4k

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.22M
IMPORTS (2022)$113M
NET TRADE (2022)-$109M

In 2022, China exported $4.22M in Peat. The main destinations of China exports on Peat were Japan ($2.42M), Chinese Taipei ($654k), Thailand ($178k), Kuwait ($175k), and South Korea ($147k).

In 2022, China imported $113M in Peat, mainly from Latvia ($50.6M), Estonia ($34.1M), Russia ($14.6M), Netherlands ($6.47M), and Poland ($5.21M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$223k (10.2%)
Kuwait$175k (1%)
South Korea$129k (717%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY China WERE (2021 - 2022):
Chinese Taipei-$179k (-21.5%)
Guatemala-$128k (-100%)
Saudi Arabia-$51.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $183k
TOP IMPORT POTENTIALNetherlands+ $1.76M

Peat’s highest export potential is South Korea. With an export gap of $183k.   Peat’s highest import potential is Netherlands with an import gap of $1.76M.

See methodology.

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