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2022
Exports $183MWorld Rnk 2 / 164
Flag Rnk 1880 / 4606
2022
Destination $28.4M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $28.4MHong Kong
2022
Imports $15.3MWorld Rnk 31 / 213
Flag Rnk 2476 / 4539
2022
Origin $797k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $797kMalaysia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $183M in Tea and mate extracts, essences and concentrates, making it the 2nd largest exporter of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 1880th most exported product in China. The main destination of Tea and mate extracts, essences and concentrates exports from China are: Hong Kong ($33.4M), United States ($27M), Malaysia ($15M), Chile ($15M), and Indonesia ($14.1M).

The fastest growing export markets for Tea and mate extracts, essences and concentrates of China between 2021 and 2022 were Hong Kong ($28.4M), Chile ($14.8M), and Malaysia ($2.76M).

Imports In 2022, China imported $15.3M in Tea and mate extracts, essences and concentrates, becoming the 31st largest importer of Tea and mate extracts, essences and concentrates in the world. At the same year, Tea and mate extracts, essences and concentrates was the 2476th most imported product in China. China imports Tea and mate extracts, essences and concentrates primarily from: Thailand ($4.01M), Japan ($3.24M), Malaysia ($2.24M), South Korea ($1.03M), and Burma ($753k).

The fastest growing import markets in Tea and mate extracts, essences and concentrates for China between 2021 and 2022 were Malaysia ($797k), Burma ($517k), and Thailand ($483k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Tea and mate extracts, essences and concentrates from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Tea and mate extracts, essences and concentrates exports accounted up to $13.4M and imports accounted up to $627k, resulting in a positive trade balance of $12.8M. Between July 2023 and July 2024 the exports of China's   Tea and mate extracts, essences and concentrates have increased by $155k (1.17%) from $13.3M to $13.4M, while imports increased by $74.9k (13.6%) from $552k to $627k.

Destinations In July 2024, Tea and mate extracts, essences and concentrates were exported mostly to Malaysia ($2.93M), United States ($1.91M), Hong Kong ($1.59M), Indonesia ($1.15M), and Burma ($990k), and were imported mostly from United States ($226k), Sri Lanka ($211k), Malaysia ($44.7k), Denmark ($34.7k), and Singapore ($30.9k).

Growth In July 2024, the increase in Tea and mate extracts, essences and concentrates's year-by-year exports was explained primarily by an increase in exports to Malaysia ($4.25M or 1.73k%), Indonesia ($1.23M or 317%), and Japan ($464k or 1.06k%). In July 2024, the increase in Tea and mate extracts, essences and concentrates's year-by-year imports was explained primarily by an increase in imports from Germany ($4.49k or 202%), United Arab Emirates ($759 or 45.4%), and China ($382 or 813%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$155k(1.17%)
IMPORT GROWTH (July 2023 - July 2024)$74.9k(13.6%)
MAIN EXPORTER (July 2024)Fujian Province$7.95M
MAIN DESTINATION (July 2024)Malaysia$2.93M

This section shows Tea and mate extracts, essences and concentrates'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 Tea and mate extracts, essences and concentrates over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Tea and mate extracts, essences and concentrates throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$15.3M
NET TRADE (2022)$168M

In 2022, China exported $183M in Tea and mate extracts, essences and concentrates. The main destinations of China exports on Tea and mate extracts, essences and concentrates were Hong Kong ($33.4M), United States ($27M), Malaysia ($15M), Chile ($15M), and Indonesia ($14.1M).

In 2022, China imported $15.3M in Tea and mate extracts, essences and concentrates, mainly from Thailand ($4.01M), Japan ($3.24M), Malaysia ($2.24M), South Korea ($1.03M), and Burma ($753k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea and mate extracts, essences and concentrates EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$28.4M (567%)
Chile$14.8M (9k%)
Malaysia$2.76M (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea and mate extracts, essences and concentrates BY China WERE (2021 - 2022):
United States-$17.7M (-39.6%)
Burma-$3.65M (-28.5%)
Cambodia-$2.38M (-64.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tea and mate extracts, essences and concentrates were:
Ireland $223M
United States $169M
In 2022, China's main importing competitors in Tea and mate extracts, essences and concentrates were:
United States $208M
Netherlands $106M
France $99.2M

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Trade Value of Tea and mate extracts, essences and concentrates by Exporters

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