Bentonite (HS: 250810) is a non-metallic mineral primarily composed of montmorillonite. It is also known as bentonite clay, soapstone, or swelling clay. China has a long history of development and utilization of bentonite. Originally, it was used primarily as a detergent. However, at present, bentonite has found extensive applications in various industries including petroleum drilling, foundry and metallurgy, daily chemicals, agriculture, animal husbandry, food processing, textiles, papermaking, paints, inks, lubricants, environmental protection, and pesticide suspensions. It is used in the production of over 300 different products. Currently, China's bentonite production ranks second only to the United States and India.
In recent years, the demand for bentonite (HS: 250810) in China has been affected by national environmental policies and the COVID-19 pandemic, leading to a decrease in demand. As of November, the total export volume of bentonite in China decreased by 19.7% compared to the previous year. According to customs data, from January to November 2022, China's export volume of bentonite (HS: 250810) reached 288,500 tons. The main export destinations include Indonesia, Thailand, Malaysia, Vietnam, Taiwan (China), Colombia, South Korea, Japan, Chile, and Italy. Asia remains the primary market, accounting for 81.13% of China's total exports. On the other hand, during the same period, China's imports of bentonite (HS: 250810) mainly came from the US and India markets.
注:同期百分比
From the data provided by the international trade portals of Indonesia, Thailand, and Malaysia, it can be observed that these markets primarily import bentonite from India, followed by the United States and China. India's major export destinations include South Korea, Malaysia, Qatar, Singapore, and Sri Lanka. In terms of the US exports, their main markets are concentrated in Canada, Japan, Mexico, and others, both in terms of value and export volume. As one of the largest suppliers, Chinese companies can use the above-mentioned data to gain comprehensive and timely insights into the detailed trade situation of more potential and deeper-level buyers (importers) in markets such as South Korea, Qatar, Singapore, Sri Lanka, Canada, Japan, Mexico, and others. This information can be valuable for market expansion and business analysis.
注:贸易流向
Guomao Tong provides customs data from 2010 to the present, covering imports and exports of over 80 countries. Through this data, precise online analysis can be conducted to understand the distribution of export markets and the detailed transaction information of import-export enterprises. Specific analysis can include volume-price analysis, which involves understanding the export volume and price trends of goods, as well as information related to supply cycles. This data can help businesses gain better insights into market dynamics, formulate market strategies, and make informed decisions.
Beijing Guomao Tong Big Data Co., Ltd. is a professional company specializing in customs data. It provides reliable and informative data to major foreign trade enterprises and industry consulting firms.