Animal Meal and Pellets in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $13.9M in Animal Meal and Pellets, making it the 53rd largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 1072nd most exported product in China. The main destination of Animal Meal and Pellets exports from China are: Vietnam ($8.52M), Nigeria ($1.53M), Thailand ($1.01M), Chinese Taipei ($779k), and Malaysia ($429k).

The fastest growing export markets for Animal Meal and Pellets of China between 2021 and 2022 were Nigeria ($1.14M), Chinese Taipei ($443k), and Burma ($297k).

Imports In 2022, China imported $2.9B in Animal Meal and Pellets, becoming the 1st largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 115th most imported product in China. China imports Animal Meal and Pellets primarily from: Peru ($1.37B), Vietnam ($275M), United States ($211M), Russia ($178M), and Chile ($158M).

The fastest growing import markets in Animal Meal and Pellets for China between 2021 and 2022 were Russia ($125M), Vietnam ($94.2M), and India ($82.3M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Animal Meal and Pellets from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Animal Meal and Pellets exports accounted up to $52.8k and imports accounted up to $124M, resulting in a negative trade balance of $124M. Between January 2023 and February 2024 the exports of China's Animal Meal and Pellets have decreased by $-81.8k (-60.8%) from $135k to $52.8k, while imports decreased by $-120M (-49.1%) from $245M to $124M.

Destinations In February 2024, Animal Meal and Pellets were exported mostly to Taiwan ($52.8k), and were imported mostly from Peru ($37.9M), United States ($18.8M), Russia ($16.5M), Chile ($10.2M), and Vietnam ($9.18M).

Growth In February 2024, the decrease in Animal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Peru ($-13.2M or -78.2%), Pakistan ($-3.56M or -40.2%), and Mauritania ($-1.45M or -56.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - February 2024)$-81.8k(-60.8%)

IMPORT GROWTH (February 2023 - February 2024)$-120M(-49.1%)

MAIN EXPORTER (February 2024)Shandong Province$52.8k

MAIN DESTINATION (February 2024)Taiwan$52.8k

This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.9M

IMPORTS (2022)$2.9B

NET TRADE (2022)-$2.89B

In 2022, China exported $13.9M in Animal Meal and Pellets. The main destinations of China exports on Animal Meal and Pellets were Vietnam ($8.52M), Nigeria ($1.53M), Thailand ($1.01M), Chinese Taipei ($779k), and Malaysia ($429k).

In 2022, China imported $2.9B in Animal Meal and Pellets, mainly from Peru ($1.37B), Vietnam ($275M), United States ($211M), Russia ($178M), and Chile ($158M).

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