Raw Tobacco in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $686M in Raw Tobacco, making it the 5th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 524th most exported product in China. The main destination of Raw Tobacco exports from China are: Indonesia ($197M), Belgium ($116M), United Arab Emirates ($99.5M), Vietnam ($41.4M), and Turkey ($30.2M).

The fastest growing export markets for Raw Tobacco of China between 2021 and 2022 were Belgium ($49.1M), United Arab Emirates ($38.7M), and Turkey ($16.9M).

Imports In 2022, China imported $1.15B in Raw Tobacco, becoming the 2nd largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 197th most imported product in China. China imports Raw Tobacco primarily from: Brazil ($472M), Zimbabwe ($301M), United States ($167M), Zambia ($54.4M), and Dominican Republic ($49.1M).

The fastest growing import markets in Raw Tobacco for China between 2021 and 2022 were Brazil ($289M), Dominican Republic ($49.1M), and Zambia ($20.3M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (232), IKEA SUPPLY AG (74), and AT HOME PROCUREMENT INC (52) were at the forefront of shipping Raw Tobacco from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Raw Tobacco exports accounted up to $29.2M and imports accounted up to $154M, resulting in a negative trade balance of $125M. Between February 2023 and February 2024 the exports of China's Raw Tobacco have decreased by $-5.27M (-15.3%) from $34.5M to $29.2M, while imports decreased by $-56.9M (-27%) from $211M to $154M.

Destinations In February 2024, Raw Tobacco were exported mostly to Indonesia ($21M), United Arab Emirates ($3.46M), Belgium ($1.3M), Vietnam ($742k), and France ($728k), and were imported mostly from Brazil ($124M), Argentina ($30.2M), and United States ($93).

Growth In February 2024, the decrease in Raw Tobacco's year-by-year exports was explained primarily by a decrease in exports to Belgium ($-1.64M or -38.7%), Vietnam ($-1.46M or -59.2%), and Hong Kong ($-1.25M or -56.5%). In February 2024, the decrease in Raw Tobacco's year-by-year imports was explained primarily by a decrease in imports from Zimbabwe ($-28.8M or -94.8%) and Laos ($-243k or -54.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-5.27M(-15.3%)

IMPORT GROWTH (January 2023 - February 2024)$-56.9M(-27%)

MAIN EXPORTER (February 2024)Yunnan Province$14.3M

MAIN DESTINATION (February 2024)Indonesia$21M

This section shows Raw Tobacco'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 Raw Tobacco over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$686M

IMPORTS (2022)$1.15B

NET TRADE (2022)-$465M

In 2022, China exported $686M in Raw Tobacco. The main destinations of China exports on Raw Tobacco were Indonesia ($197M), Belgium ($116M), United Arab Emirates ($99.5M), Vietnam ($41.4M), and Turkey ($30.2M).

In 2022, China imported $1.15B in Raw Tobacco, mainly from Brazil ($472M), Zimbabwe ($301M), United States ($167M), Zambia ($54.4M), and Dominican Republic ($49.1M).

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