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2022
Exports $1.35BWorld Rnk 1 / 125
Flag Rnk 371 / 1216
2022
Destination $51.6M Vietnam
2021 - 2022
FASTEST GROWING MARKET $51.6MRussia
2022
PRODUCT COMPLEXITY IN Prepared Rubber Accelerators1.1Rnk 133 / 1025
2022
Imports $330MWorld Rnk 2 / 193
Flag Rnk 437 / 1212
2022
Origin $12.5M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $12.5MMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.35B in Prepared Rubber Accelerators, making it the 1st largest exporter of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 371st most exported product in China. The main destination of Prepared Rubber Accelerators exports from China are: Vietnam ($169M), Thailand ($144M), United States ($101M), India ($95.9M), and Indonesia ($94.6M).

The fastest growing export markets for Prepared Rubber Accelerators of China between 2021 and 2022 were Russia ($51.6M), United States ($32.5M), and Vietnam ($27.1M).

Imports In 2022, China imported $330M in Prepared Rubber Accelerators, becoming the 2nd largest importer of Prepared Rubber Accelerators in the world. At the same year, Prepared Rubber Accelerators was the 437th most imported product in China. China imports Prepared Rubber Accelerators primarily from: Chinese Taipei ($72.7M), South Korea ($49.3M), Germany ($43.4M), Malaysia ($32M), and United States ($27.7M).

The fastest growing import markets in Prepared Rubber Accelerators for China between 2021 and 2022 were Malaysia ($12.5M), Thailand ($2.43M), and Switzerland ($2.2M).

COMPANIES In 2023, leading companies such as Continental Tire (45), ZF Friedrichshafen (9), and CSI Importers (4) were at the forefront of shipping Prepared Rubber Accelerators from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Prepared Rubber Accelerators exports accounted up to $103M and imports accounted up to $33.8M, resulting in a positive trade balance of $69.1M. Between July 2023 and July 2024 the exports of China's   Prepared Rubber Accelerators have increased by $11.8M (13%) from $91M to $103M, while imports increased by $4.2M (14.2%) from $29.6M to $33.8M.

Destinations In July 2024, Prepared Rubber Accelerators were exported mostly to Vietnam ($13.8M), Thailand ($9.54M), Russia ($8.68M), United States ($8.33M), and India ($7.66M), and were imported mostly from Germany ($7.91M), Chinese Taipei ($5.01M), Japan ($4.44M), South Korea ($3.99M), and United States ($3.49M).

Growth In July 2024, the increase in Prepared Rubber Accelerators's year-by-year exports was explained primarily by an increase in exports to Russia ($3.13M or 102%), Nigeria ($565k or 358%), and Spain ($329k or 23.4%). In July 2024, the increase in Prepared Rubber Accelerators's year-by-year imports was explained primarily by an increase in imports from Italy ($371k or 26.6%), Switzerland ($364k or 59.1%), and Spain ($311k or 553%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$11.8M(13%)
IMPORT GROWTH (July 2023 - July 2024)$4.2M(14.2%)
MAIN EXPORTER (July 2024)Shandong Province$24.9M
MAIN DESTINATION (July 2024)Vietnam$13.8M

This section shows Prepared Rubber Accelerators'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 Prepared Rubber Accelerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.35B
IMPORTS (2022)$330M
NET TRADE (2022)$1.02B

In 2022, China exported $1.35B in Prepared Rubber Accelerators. The main destinations of China exports on Prepared Rubber Accelerators were Vietnam ($169M), Thailand ($144M), United States ($101M), India ($95.9M), and Indonesia ($94.6M).

In 2022, China imported $330M in Prepared Rubber Accelerators, mainly from Chinese Taipei ($72.7M), South Korea ($49.3M), Germany ($43.4M), Malaysia ($32M), and United States ($27.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Rubber Accelerators EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$51.6M (220%)
United States$32.5M (47.6%)
Vietnam$27.1M (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Rubber Accelerators BY China WERE (2021 - 2022):
Hong Kong-$8.41M (-86.1%)
Sri Lanka-$5.56M (-30.8%)
Chinese Taipei-$5.21M (-10.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Prepared Rubber Accelerators were:
Germany $821M
United States $565M
In 2022, China's main importing competitors in Prepared Rubber Accelerators were:
United States $593M
Germany $324M

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Trade Value of Prepared Rubber Accelerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $59.2M
TOP IMPORT POTENTIALIndia+ $10.7M

Prepared Rubber Accelerators’s highest export potential is India. With an export gap of $59.2M.   Prepared Rubber Accelerators’s highest import potential is India with an import gap of $10.7M.

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