2023
Exports
$11.1MWorld Rnk 32 / 146
Flag Rnk 1083 / 1215
2023
PRODUCT COMPLEXITY IN Butter
0.079Rnk 528 / 1025
2023
Imports
$793MWorld Rnk 4 / 224
Flag Rnk 256 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $11.1M in Butter, making it the 32nd largest exporter of Butter in the world. At the same year, Butter was the 1083rd most exported product in China. The main destination of Butter exports from China are: Philippines ($4.48M), North Korea ($2.53M), Hong Kong ($1.74M), Guatemala ($861k), and South Korea ($416k).

The fastest growing export markets for Butter of China between 2022 and 2023 were North Korea ($1.36M), South Korea ($405k), and Guatemala ($259k).

Imports In 2023, China imported $793M in Butter, becoming the 4th largest importer of Butter in the world. At the same year, Butter was the 256th most imported product in China. China imports Butter primarily from: New Zealand ($675M), France ($45.4M), Netherlands ($23.3M), Belgium ($21.5M), and Germany ($8.67M).

The fastest growing import markets in Butter for China between 2022 and 2023 were Netherlands ($6.32M), Belgium ($2.56M), and Ukraine ($1.44M).

COMPANIES In 2024, leading companies such as Costco Wholesale (6), Sobel Westex (2), and Coaster Fine Furniture (1) were at the forefront of shipping Butter from China to the United States.

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$4.74M(1.73k%)
IMPORT GROWTH (December 2023 - December 2024)$52.6M(66.4%)
MAIN EXPORTER (December 2024)Jiangsu Province$3.04M
MAIN DESTINATION (December 2024)Bahrain$2.31M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$11.1M
IMPORTS (2023)$793M
NET TRADE (2023)-$782M

In 2023, China exported $11.1M in Butter. The main destinations of China exports on Butter were Philippines ($4.48M), North Korea ($2.53M), Hong Kong ($1.74M), Guatemala ($861k), and South Korea ($416k).

In 2023, China imported $793M in Butter, mainly from New Zealand ($675M), France ($45.4M), Netherlands ($23.3M), Belgium ($21.5M), and Germany ($8.67M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR China WERE (2022 - 2023):
North Korea$1.36M (115%)
South Korea$405k (3.68k%)
Guatemala$259k (43.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY China WERE (2022 - 2023):
Philippines-$824k (-15.5%)
Denmark-$161k (-100%)
Netherlands-$88.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Butter were:
In 2023, China's main importing competitors in Butter were:

Explore Visualizations

Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $562k
TOP IMPORT POTENTIALNetherlands+ $17.8M

Butter’s highest export potential is Hong Kong. With an export gap of $562k.   Butter’s highest import potential is Netherlands with an import gap of $17.8M.

See methodology.

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