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2022
Exports $480MWorld Rnk 1 / 133
Flag Rnk 590 / 1216
2022
Destination $13M South Korea
2021 - 2022
FASTEST GROWING MARKET $13MRussia
2022
PRODUCT COMPLEXITY IN Refractory Ceramics0.84Rnk 228 / 1025
2022
Imports $117MWorld Rnk 5 / 195
Flag Rnk 619 / 1212
2022
Origin $5.05M United States
2021 - 2022
FASTEST GROWING ORIGIN $5.05MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $480M in Refractory Ceramics, making it the 1st largest exporter of Refractory Ceramics in the world. At the same year, Refractory Ceramics was the 590th most exported product in China. The main destination of Refractory Ceramics exports from China are: South Korea ($64.6M), Russia ($50.3M), United States ($30.5M), India ($29.2M), and Vietnam ($24.4M).

The fastest growing export markets for Refractory Ceramics of China between 2021 and 2022 were Russia ($13M), United States ($11.4M), and South Korea ($9.18M).

Imports In 2022, China imported $117M in Refractory Ceramics, becoming the 5th largest importer of Refractory Ceramics in the world. At the same year, Refractory Ceramics was the 619th most imported product in China. China imports Refractory Ceramics primarily from: United States ($28.3M), Japan ($23.4M), South Korea ($21.7M), Germany ($12M), and Hong Kong ($6.19M).

The fastest growing import markets in Refractory Ceramics for China between 2021 and 2022 were United States ($5.05M), Hong Kong ($3.69M), and United Kingdom ($899k).

COMPANIES In 2023, leading companies such as CrimsonLogic (49), Costco Wholesale (13), and RHI Magnesita (5) were at the forefront of shipping Refractory Ceramics from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Refractory Ceramics exports accounted up to $27.5M and imports accounted up to $19.1M, resulting in a positive trade balance of $8.44M. Between July 2023 and July 2024 the exports of China's   Refractory Ceramics have decreased by $-2.69M (-8.9%) from $30.2M to $27.5M, while imports increased by $1.82M (10.5%) from $17.3M to $19.1M.

Destinations In July 2024, Refractory Ceramics were exported mostly to South Korea ($4.51M), India ($3.25M), Russia ($2.82M), Chinese Taipei ($1.42M), and Japan ($1.42M), and were imported mostly from Japan ($5.71M), United States ($3.79M), South Korea ($3.19M), United Kingdom ($1.96M), and Germany ($1.6M).

Growth In July 2024, the decrease in Refractory Ceramics's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-1.97M or -33.9%), Vietnam ($-1.53M or -60.3%), and India ($-1.29M or -41.1%). In July 2024, the increase in Refractory Ceramics's year-by-year imports was explained primarily by an increase in imports from South Korea ($2.75M or 141%), Chinese Taipei ($1.1M or 261%), and United States ($1.02M or 15.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.69M(-8.9%)
IMPORT GROWTH (July 2023 - July 2024)$1.82M(10.5%)
MAIN EXPORTER (July 2024)Jiangsu Province$6.97M
MAIN DESTINATION (July 2024)South Korea$4.51M

This section shows Refractory Ceramics'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 Ceramics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$480M
IMPORTS (2022)$117M
NET TRADE (2022)$363M

In 2022, China exported $480M in Refractory Ceramics. The main destinations of China exports on Refractory Ceramics were South Korea ($64.6M), Russia ($50.3M), United States ($30.5M), India ($29.2M), and Vietnam ($24.4M).

In 2022, China imported $117M in Refractory Ceramics, mainly from United States ($28.3M), Japan ($23.4M), South Korea ($21.7M), Germany ($12M), and Hong Kong ($6.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Ceramics EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$13M (35%)
United States$11.4M (59.4%)
South Korea$9.18M (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Ceramics BY China WERE (2021 - 2022):
Malaysia-$5.81M (-32.6%)
Ukraine-$4.24M (-63.8%)
Indonesia-$3.65M (-21%)
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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 Ceramics were:
United States $324M
Germany $312M
In 2022, China's main importing competitors in Refractory Ceramics were:
United States $333M
Germany $141M
South Korea $127M

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Trade Value of Refractory Ceramics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15.8M
TOP IMPORT POTENTIALGermany+ $4.68M

Refractory Ceramics’s highest export potential is India. With an export gap of $15.8M.   Refractory Ceramics’s highest import potential is Germany with an import gap of $4.68M.

See methodology.

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