The value of exports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" from China totalled $ 34 billion in 2023. Sales of commodity group 28 from China decreased by 13% in value terms compared to 2022. exports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" decreased by $ 5.12 billion (cumulative exports of commodity group 28 from China amounted $39 billion in 2022)
Exports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" amounted to 1.01% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 28 in total exports from China decreased by 0.082 p.p. compared to 2022 (it was 1.09% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Where does China export Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes?
Top export destinations of "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" from China in 2023:
- Korea with a share of 37% (13 billion US$)
- Japan with a share of 12.7% (4.37 billion US$)
- USA with a share of 4.18% (1.43 billion US$)
- India with a share of 3.31% (1.13 billion US$)
- Vietnam with a share of 3.26% (1.11 billion US$)
- Russia with a share of 3.2% (1.09 billion US$)
- Thailand with a share of 2.7% (926 million US$)
- Indonesia with a share of 2.36% (810 million US$)
- Poland with a share of 2.28% (783 million US$)
- Australia with a share of 1.99% (683 million US$)
Exports structure of 28 - Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes - from China in 2023 represented by the following main commodity groups:
- 24% (8.38 billion US$): 2825 - Hydrazine and hydroxylamine and their inorganic salts; other inorganic bases; other metal oxides, hydroxides and peroxides
- 12.2% (4.19 billion US$): 2842 - Other salts of inorganic acids or peroxoacids (including aluminosilicates whether or not chemically defined), other than azides
- 5.42% (1.85 billion US$): 2804 - Hydrogen, rare gases and other non-metals
- 4.75% (1.62 billion US$): 2836 - Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate.
- 4.74% (1.62 billion US$): 2818 - Artificial corundum, whether or not chemically defined; aluminium oxide; aluminium hydroxide
- 4.19% (1.43 billion US$): 2811 - Inorganic acids and other inorganic oxygen compounds of non-metals; n.e.s. in heading no. 2806 to 2810
- 4.03% (1.38 billion US$): 2835 - Phosphinates (hypophosphites), phosphonates (phosphites) and phosphates; polyphosphates, whether or not chemically defined
- 3.27% (1.12 billion US$): 2815 - Sodium hydroxide (caustic soda); potassium hydroxide (caustic potash); peroxides of sodium or potassium
- 2.99% (1.02 billion US$): 2833 - Sulphates; alums; peroxosulphates (persulphates)
- 2.98% (1.02 billion US$): 2803 - Carbon (carbon blacks and other forms of carbon not elsewhere specified or included)
The value of imports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" to China totalled $ 26 billion in 2023. Sales of commodity group 28 to China went up by 0.753% compared to 2022: imports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" went up by $ 195 million (the value of imports of commodity group 28 to China was equal to $25 billion in 2022)
Imports of commodity group 28 "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes" accounted for 1.02% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 28 in total imports to China increased by 0.067 p.p. compared to 2022 (it was 0.954% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Where does China import Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes from?
Top trading partners (import of "Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes") of China in 2023:
- Chile with a share of 27% (7.17 billion US$)
- Korea with a share of 20% (5.22 billion US$)
- Myanmar with a share of 5.52% (1.44 billion US$)
- Germany with a share of 5.46% (1.42 billion US$)
- Kazakhstan with a share of 5.33% (1.39 billion US$)
- Japan with a share of 4.38% (1.14 billion US$)
- USA with a share of 4.32% (1.12 billion US$)
- Russia with a share of 3.28% (857 million US$)
- Malaysia with a share of 3.07% (804 million US$)
- Indonesia with a share of 2.67% (699 million US$)
Imports structure of 28 - Inorganic chemicals; organic or inorganic compounds of precious metals, of rare earth metals, of radioactive elements or of isotopes - to China in 2023 represented by the following main commodity groups:
- 25% (6.62 billion US$): 2836 - Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate.
- 18% (4.71 billion US$): 2842 - Other salts of inorganic acids or peroxoacids (including aluminosilicates whether or not chemically defined), other than azides
- 9.69% (2.53 billion US$): 2844 - Radioactive chemical elements and radioactive isotopes (including the fissile or fertile chemical elements and isotopes) and their compounds; mixtures and residues containing these products.
- 9.22% (2.4 billion US$): 2804 - Hydrogen, rare gases and other non-metals
- 7.2% (1.88 billion US$): 2846 - Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals
- 5.76% (1.5 billion US$): 2833 - Sulphates; alums; peroxosulphates (persulphates)
- 3.68% (961 million US$): 2818 - Artificial corundum, whether or not chemically defined; aluminium oxide; aluminium hydroxide
- 2.7% (705 million US$): 2801 - Fluorine, chlorine, bromine and iodine
- 2% (523 million US$): 2825 - Hydrazine and hydroxylamine and their inorganic salts; other inorganic bases; other metal oxides, hydroxides and peroxides
- 1.95% (510 million US$): 2803 - Carbon (carbon blacks and other forms of carbon not elsewhere specified or included)