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2022
Exports $1.26BWorld Rnk 8 / 198
Flag Rnk 79 / 96
2022
Destination $70.2M Netherlands
2021 - 2022
FASTEST GROWING MARKET $70.2MNetherlands
2022
PRODUCT COMPLEXITY IN Products of the milling industry0.65Rnk 295 / 1025
2022
Imports $2.65BWorld Rnk 2 / 223
Flag Rnk 54 / 96
2022
Origin $178M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $178MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.26B in Products of the milling industry, making it the 8th largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 79th most exported product in China. The main destination of Products of the milling industry exports from China are: Netherlands ($174M), Thailand ($114M), Norway ($77.3M), Nigeria ($76.5M), and Vietnam ($66.6M).

The fastest growing export markets for Products of the milling industry of China between 2021 and 2022 were Netherlands ($70.2M), Thailand ($65.7M), and Indonesia ($39.9M).

Imports In 2022, China imported $2.65B in Products of the milling industry, becoming the 2nd largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 54th most imported product in China. China imports Products of the milling industry primarily from: Thailand ($1.14B), Vietnam ($1.09B), Laos ($171M), Australia ($32.1M), and Netherlands ($29.6M).

The fastest growing import markets in Products of the milling industry for China between 2021 and 2022 were Vietnam ($178M), Laos ($122M), and Cambodia ($8.54M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (54), Walong Marketing (20), and CrimsonLogic (11) were at the forefront of shipping Products of the milling industry from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Products of the milling industry exports accounted up to $79.3M and imports accounted up to $175M, resulting in a negative trade balance of $96.1M. Between July 2023 and July 2024 the exports of China's   Products of the milling industry have increased by $14.4M (22.1%) from $64.9M to $79.3M, while imports increased by $59.3M (51.1%) from $116M to $175M.

Destinations In July 2024, Products of the milling industry were exported mostly to Netherlands ($22.2M), Thailand ($9.86M), Hong Kong ($3.86M), Australia ($3.76M), and Nigeria ($3.74M), and were imported mostly from Thailand ($72.1M), Vietnam ($61.3M), Laos ($20.4M), Russia ($5.08M), and Japan ($3.02M).

Growth In July 2024, the increase in Products of the milling industry's year-by-year exports was explained primarily by an increase in exports to Netherlands ($8.37M or 197%), Thailand ($4.3M or 65.7%), and Malaysia ($3.38M or 448%). In July 2024, the increase in Products of the milling industry's year-by-year imports was explained primarily by an increase in imports from Vietnam ($1.99M or 4.02%), Netherlands ($1.68M or 81.9%), and Russia ($1.2M or 408%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$14.4M(22.1%)
IMPORT GROWTH (July 2023 - July 2024)$59.3M(51.1%)
MAIN EXPORTER (July 2024)Guangdong Province$31.4M
MAIN DESTINATION (July 2024)Netherlands$22.2M

This section shows Products of the milling industry's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Products of the milling industry over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.26B
IMPORTS (2022)$2.65B
NET TRADE (2022)-$1.39B

In 2022, China exported $1.26B in Products of the milling industry. The main destinations of China exports on Products of the milling industry were Netherlands ($174M), Thailand ($114M), Norway ($77.3M), Nigeria ($76.5M), and Vietnam ($66.6M).

In 2022, China imported $2.65B in Products of the milling industry, mainly from Thailand ($1.14B), Vietnam ($1.09B), Laos ($171M), Australia ($32.1M), and Netherlands ($29.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Products of the milling industry EXPORT MARKETS FOR China WERE (2021 - 2022):
Netherlands$70.2M (67.7%)
Thailand$65.7M (136%)
Indonesia$39.9M (251%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of the milling industry BY China WERE (2021 - 2022):
Nigeria-$28.8M (-27.4%)
Philippines-$11.7M (-22.7%)
Singapore-$3.66M (-30.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Products of the milling industry were:
Germany $2.27B
Thailand $2.1B
Turkey $1.9B
In 2022, China's main importing competitors in Products of the milling industry were:
United States $2.86B
Netherlands $1.26B

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Trade Value of Products of the milling industry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $27.1M
TOP IMPORT POTENTIALGermany+ $18.8M

Products of the milling industry’s highest export potential is United States. With an export gap of $27.1M.   Products of the milling industry’s highest import potential is Germany with an import gap of $18.8M.

See methodology.

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