T3 · Product exporter position

China exports of Acids: aromatic monocarboxylic acids, benzoic acid, its salts and esters (HS 291631)

See where China stands in acids: aromatic monocarboxylic acids, benzoic acid, its salts and esters: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 291631Latest year 2024Growing

Latest exports

$225.9MLatest observed lane total

Destination markets

153Reported active markets

Three-year growth

+9.8%Annualized change

Destination HHI

480Destination concentration

Weighted share

48.3%Reported market position

Exporter evidence

How strong is China in Acids: aromatic monocarboxylic acids, benzoic acid, its salts and esters?

Reported exporter totals and calculated indicators for HS 291631. Values retain their observed coverage period.

Exporter scale

Latest exports$225.9M
Current 2024 exports$225.8M
Three-year average$198.2M
Historical peak$248.0M

Market position

Active destinations153
Destination HHI480
Weighted share48.3%
Share change+7.4 pp

Competitiveness

Three-year growth+9.8%
Volatility0.8
Maximum drawdown59.3%
TrendGrowing
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$225.9MSum of latest observed destination-lane values
Current 2024 exports$225.8MCommon-year comparison where reported
Three-year growth+9.8%Annualized change in exporter totals
Five-year growth+12.5%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share11.6%Share of observed exporter totals
Destination concentration480HHI across destination markets
Weighted share change+7.4 ppValue-weighted latest change in market share
Limited-history lanes11.1%Share of lanes with shorter history

Destination markets

Where does China sell acids: aromatic monocarboxylic acids, benzoic acid, its salts and esters?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$26.2M31.1%+3.2%0% tariffAccelerating
India$21.7M72.4%+6.8%0.5% tariffGrowing
Netherlands$18.0M63.2%+50.6%0% tariffAccelerating
Mexico$11.7M40%+5.7%0.1% tariffAccelerating
Turkey$11.0M59.9%+9.9%0.1% tariffAccelerating
Russia$10.9M83.2%+24.9%0.1% tariffAccelerating
Thailand$9.9M58.4%+20.7%FTA reportedGrowing
Indonesia$9.4M65.9%+4.3%FTA reportedGrowing
Brazil$7.9M24.2%+3.6%0.3% tariffAccelerating
Republic of Korea$7.6M55%+0.9%FTA reportedGrowing
Germany$6.4M10.6%+17.4%0% tariffGrowing
Japan$5.4M38.7%+11.4%0% tariffGrowing
Viet Nam$5.3M46.9%+9.9%FTA reportedAccelerating
Singapore$4.3M42.6%+0%FTA reportedAccelerating
Poland$4.2M25.8%+18.8%0.1% tariffAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$26.2M
Market share
31.1%
Growth
+3.2%
Access
0% tariff
Signal
Accelerating

Destination

India

Latest exports
$21.7M
Market share
72.4%
Growth
+6.8%
Access
0.5% tariff
Signal
Growing

Destination

Netherlands

Latest exports
$18.0M
Market share
63.2%
Growth
+50.6%
Access
0% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$11.7M
Market share
40%
Growth
+5.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Turkey

Latest exports
$11.0M
Market share
59.9%
Growth
+9.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Russia

Latest exports
$10.9M
Market share
83.2%
Growth
+24.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Thailand

Latest exports
$9.9M
Market share
58.4%
Growth
+20.7%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$9.4M
Market share
65.9%
Growth
+4.3%
Access
FTA reported
Signal
Growing

Destination

Brazil

Latest exports
$7.9M
Market share
24.2%
Growth
+3.6%
Access
0.3% tariff
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$7.6M
Market share
55%
Growth
+0.9%
Access
FTA reported
Signal
Growing

Destination

Germany

Latest exports
$6.4M
Market share
10.6%
Growth
+17.4%
Access
0% tariff
Signal
Growing

Destination

Japan

Latest exports
$5.4M
Market share
38.7%
Growth
+11.4%
Access
0% tariff
Signal
Growing

Destination

Viet Nam

Latest exports
$5.3M
Market share
46.9%
Growth
+9.9%
Access
FTA reported
Signal
Accelerating

Destination

Singapore

Latest exports
$4.3M
Market share
42.6%
Growth
+0%
Access
FTA reported
Signal
Accelerating

Destination

Poland

Latest exports
$4.2M
Market share
25.8%
Growth
+18.8%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Eswatini: $58.7K / ton.

Lowest reported price

Mauritania: $301.3 / ton.

Median price

$1.5K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 291631 where available.

YearExportsYear-on-year changeActive destinations
2010$88.9M+29.8%129
2011$112.1M+26.1%132
2012$115.7M+3.2%141
2013$120.8M+4.4%139
2014$128.8M+6.7%145
2015$105.2M-18.4%143
2016$106.0M+0.8%146
2017$109.3M+3.1%148
2018$133.3M+21.9%154
2019$125.2M-6%151
2020$111.1M-11.3%152
2021$170.7M+53.7%151
2022$202.5M+18.6%155
2023$166.2M-17.9%154
2024$225.8M+35.8%153

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 291631.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China acids: aromatic monocarboxylic acids, benzoic acid, its salts and esters exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.