In June 2024, China imported 2,182 tonnes of TDI worth USD 3.19 million, at an average price of USD 1,461/tonne. The import volume increased by 230.54% month-on-month and 887.14% year-on-year, according to China’s customs statistics.
In June 2024, China exported 26,486 tonnes of TDI worth USD 45.82 million, at an average price of USD 1,730/tonne. The export volume increased by 1.83% month-on-month and decreased by 13.25% year-on-year.
Table 1 China’s TDI Imports & Exports, 2023-2024 (tonne)
|
Month (HS code: 29291010) |
Import Volume |
Export Volume |
||
|
2023 |
2024 |
2023 |
2024 |
|
|
Jan. |
180 |
1,160 |
32,020 |
21,749 |
|
Feb. |
932 |
1,992 |
37,828 |
19,562 |
|
Mar. |
1,495 |
3,140 |
35,017 |
28,062 |
|
Apr. |
1,184 |
2,503 |
26,589 |
24,258 |
|
May |
1,234 |
660 |
24,061 |
26,010 |
|
Jun. |
221 |
2,182 |
30,529 |
26,486 |
|
Jul. |
1,358 |
27,007 |
||
|
Aug. |
1,512 |
24,434 |
||
|
Sep. |
2,149 |
22,810 |
||
|
Oct. |
3,436 |
22,620 |
||
|
Nov. |
1,899 |
27,177 |
||
|
Dec. |
1,752 |
|
22,487 |
|
|
Total |
17,352 |
11,637 |
332,582 |
146,127 |
|
YoY Change (Jun.) |
-- |
887.514% |
-- |
-13.25% |
|
MoM Change (Jun.) |
-- |
230.54% |
-- |
1.83% |
Figure 1: China TDI Exports By Month, 2023-2024 (tonne)
Table 2: China TDI Export Destinations & Export Volumes, Jan.-Jun. 2024 (tonne)
|
Destination |
Export Volume |
Share |
|
Russia |
16,638 |
11.4% |
|
Vietnam |
15,577 |
10.7% |
|
Brazil |
14,912 |
10.2% |
|
Indonesia |
11,763 |
8.1% |
|
Japan |
7,525 |
5.1% |
|
Philippines |
5,706 |
3.9% |
|
India |
5,154 |
3.5% |
|
Nigeria |
4,780 |
3.3% |
|
Taiwan, China |
4,627 |
3.2% |
|
Kenya |
4,140 |
2.8% |
|
Others |
55,305 |
37.8% |
|
Total |
146,127 |
100.0% |
From January to June 2024, China’s exports of TDI totaled 146,127 tonnes, a decrease of 21.46% compared to the same period last year.
