2022
Exports
$7.5MWorld Rnk 23 / 64
Flag Rnk 1102 / 1216
2022
PRODUCT COMPLEXITY IN Tar
-0.014Rnk 551 / 1025
2022
Imports
$65MWorld Rnk 7 / 106
Flag Rnk 732 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.5M in Tar, making it the 23rd largest exporter of Tar in the world. At the same year, Tar was the 1102nd most exported product in China. The main destination of Tar exports from China are: Japan ($6.53M), Vietnam ($480k), India ($117k), Malaysia ($94.1k), and Saudi Arabia ($71k).

The fastest growing export markets for Tar of China between 2021 and 2022 were Japan ($3.6M), Vietnam ($135k), and Saudi Arabia ($71k).

Imports In 2022, China imported $65M in Tar, becoming the 7th largest importer of Tar in the world. At the same year, Tar was the 732nd most imported product in China. China imports Tar primarily from: Indonesia ($26.3M), Malaysia ($22.6M), Vietnam ($14.7M), Germany ($738k), and Japan ($606k).

The fastest growing import markets in Tar for China between 2021 and 2022 were Vietnam ($14.7M), Indonesia ($11.6M), and Malaysia ($4.85M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$-42.2k(-29.8%)
IMPORT GROWTH (July 2023 - July 2024)$3.99M(74.6%)
MAIN EXPORTER (June 2024)Hebei Province$99.3k
MAIN DESTINATION (June 2024)

This section shows Tar'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 Tar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.5M
IMPORTS (2022)$65M
NET TRADE (2022)-$57.5M

In 2022, China exported $7.5M in Tar. The main destinations of China exports on Tar were Japan ($6.53M), Vietnam ($480k), India ($117k), Malaysia ($94.1k), and Saudi Arabia ($71k).

In 2022, China imported $65M in Tar, mainly from Indonesia ($26.3M), Malaysia ($22.6M), Vietnam ($14.7M), Germany ($738k), and Japan ($606k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$3.6M (123%)
Vietnam$135k (39.2%)
Saudi Arabia$71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY China WERE (2021 - 2022):
India-$1.05M (-90%)
Philippines-$199k (-100%)
Burma-$37.9k (-41.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $227k
TOP IMPORT POTENTIALVietnam+ $3.76M

Tar’s highest export potential is India. With an export gap of $227k.   Tar’s highest import potential is Vietnam with an import gap of $3.76M.

See methodology.

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