China | Imports and Exports | World | Phenols; phenol-alcohols | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 2907 "Phenols; phenol-alcohols" from China totalled $ 371 million in 2023. Sales of commodity group 2907 from China decreased by 28% in value terms compared to 2022. exports of commodity group 2907 "Phenols; phenol-alcohols" decreased by $ 149 million (cumulative exports of commodity group 2907 from China amounted $520 million in 2022)
Exports of commodity group 2907 "Phenols; phenol-alcohols" amounted to 0.01% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 2907 in total exports from China decreased by 0.003 p.p. compared to 2022 (it was 0.014% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 2907 amounted to 0.476% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $77 billion in 2023). The share of exports of commodity group 2907 in sales of commodity group from China lowered by 0.034 p.p. compared to 2022 (it was 0.51% in 2022, and exports of commodity group from China were $101 billion).
Where does China export Phenols; phenol-alcohols?
Top export destinations of "Phenols; phenol-alcohols" from China in 2023:
- India with a share of 24% (91 million US$)
- Japan with a share of 14.4% (53 million US$)
- Korea with a share of 8.93% (33 million US$)
- USA with a share of 7.81% (29 million US$)
- Brazil with a share of 4.17% (15.4 million US$)
- Other Asia, nes with a share of 3.07% (11.3 million US$)
- Russia with a share of 2.89% (10.7 million US$)
- Belgium with a share of 2.53% (9.4 million US$)
- Lithuania with a share of 2.35% (8.73 million US$)
- Vietnam with a share of 2.11% (7.86 million US$)
Exports structure of 2907 - Phenols; phenol-alcohols - from China in 2023 represented by the following main commodity groups:
- 30% (111 million US$): 290719 - Monophenols (excl. of 2907.1)
- 20% (74 million US$): 290729 - Polyphenols (excl. of 2907.21-2907.23); phenol-alcohols
- 11.4% (42 million US$): 290715 - Naphthols & their salts
- 11.1% (41 million US$): 290721 - Resorcinol & its salts
- 9.74% (36 million US$): 290711 - Phenol (hydroxybenzene) & its salts
- 8.3% (30 million US$): 290722 - Hydroquinone (quinol) & its salts
- 6.91% (25 million US$): 290712 - Cresols & their salts
- 1.53% (5.68 million US$): 290723 - 4,4'-Isopropylidenediphenol (bisphenol A, diphenylolpropane) & its salts
- 0.675% (2.5 million US$): 290713 - Octylphenol, nonylphenol & their isomers; salts thereof
The value of imports of commodity group 2907 "Phenols; phenol-alcohols" to China totalled $ 850 million in 2023. Sales of commodity group 2907 to China decreased by 47% in value terms compared to 2022. imports of commodity group 2907 "Phenols; phenol-alcohols" decreased by $ 780 million (the value of imports of commodity group 2907 to China was equal to $1.63 billion in 2022)
Imports of commodity group 2907 "Phenols; phenol-alcohols" accounted for 0.033% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 2907 in total imports to China decreased by 0.026 p.p. compared to 2022 (it was 0.06% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 2907 reached 1.74% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $48 billion in 2023). The share of purchases of commodity group 2907 in imports of commodity group to China went down by 1.05 p.p. compared to 2022 (it was 2.8% in 2022, and imports of commodity group to China accounted for $58 billion).
Where does China import Phenols; phenol-alcohols from?
Top trading partners (import of "Phenols; phenol-alcohols") of China in 2023:
- Other Asia, nes with a share of 21% (186 million US$)
- Japan with a share of 17.5% (148 million US$)
- Saudi Arabia with a share of 15% (128 million US$)
- Korea with a share of 11.4% (96 million US$)
- Singapore with a share of 10.6% (90 million US$)
- Thailand with a share of 9.21% (78 million US$)
- USA with a share of 5.96% (50 million US$)
- India with a share of 2.89% (24 million US$)
- Russia with a share of 2.03% (17.3 million US$)
- Germany - 7.62 million US$
Imports structure of 2907 - Phenols; phenol-alcohols - to China in 2023 represented by the following main commodity groups:
- 41% (353 million US$): 290711 - Phenol (hydroxybenzene) & its salts
- 25% (212 million US$): 290723 - 4,4'-Isopropylidenediphenol (bisphenol A, diphenylolpropane) & its salts
- 14.6% (124 million US$): 290719 - Monophenols (excl. of 2907.1)
- 6.8% (57 million US$): 290729 - Polyphenols (excl. of 2907.21-2907.23); phenol-alcohols
- 6.28% (53 million US$): 290722 - Hydroquinone (quinol) & its salts
- 2.96% (25 million US$): 290713 - Octylphenol, nonylphenol & their isomers; salts thereof
- 1.34% (11.4 million US$): 290712 - Cresols & their salts
- 1.3% (11 million US$): 290721 - Resorcinol & its salts
- 0.015% (127 thousand US$): 290715 - Naphthols & their salts
