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Exports In 2022, China exported $16.1M in Turpentine, making it the 11th largest exporter of Turpentine in the world. At the same year, Turpentine was the 1054th most exported product in China. The main destination of Turpentine exports from China are: South Africa ($3.02M), Indonesia ($2.83M), Germany ($1.3M), Hong Kong ($959k), and Malaysia ($864k).

The fastest growing export markets for Turpentine of China between 2021 and 2022 were Germany ($880k), India ($386k), and Mexico ($167k).

Imports In 2022, China imported $13.8M in Turpentine, becoming the 6th largest importer of Turpentine in the world. At the same year, Turpentine was the 965th most imported product in China. China imports Turpentine primarily from: Brazil ($4.42M), India ($3.61M), Vietnam ($2.92M), United States ($783k), and Indonesia ($750k).

The fastest growing import markets in Turpentine for China between 2021 and 2022 were India ($3.61M), Finland ($248k), and Brazil ($220k).

COMPANIES In 2023, leading companies such as At Home Procurement (16), CrimsonLogic (13), and Givaudan Fragrances (9) were at the forefront of shipping Turpentine from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$513k(51%)
IMPORT GROWTH (July 2023 - July 2024)$-2.42M(-75%)
MAIN EXPORTER (July 2024)Guangxi Zhuang Autonomous Region$573k
MAIN DESTINATION (July 2024)Indonesia$801k

This section shows Turpentine'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 Turpentine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.1M
IMPORTS (2022)$13.8M
NET TRADE (2022)$2.26M

In 2022, China exported $16.1M in Turpentine. The main destinations of China exports on Turpentine were South Africa ($3.02M), Indonesia ($2.83M), Germany ($1.3M), Hong Kong ($959k), and Malaysia ($864k).

In 2022, China imported $13.8M in Turpentine, mainly from Brazil ($4.42M), India ($3.61M), Vietnam ($2.92M), United States ($783k), and Indonesia ($750k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$880k (212%)
India$386k (369%)
Mexico$167k (1.88k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY China WERE (2021 - 2022):
Indonesia-$2.42M (-46.1%)
South Africa-$1.95M (-39.3%)
Pakistan-$376k (-82.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.18M
TOP IMPORT POTENTIALIndia+ $1.75M

Turpentine’s highest export potential is India. With an export gap of $1.18M.   Turpentine’s highest import potential is India with an import gap of $1.75M.

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