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2022
Exports $42.2MWorld Rnk 12 / 171
Flag Rnk 976 / 1216
2022
Destination $36.9M Nigeria
2021 - 2022
FASTEST GROWING MARKET $36.9MNigeria
2022
PRODUCT COMPLEXITY IN Cereal Flours-1.31Rnk 913 / 1025
2022
Imports $40.6MWorld Rnk 10 / 218
Flag Rnk 820 / 1212
2022
Origin $79.2k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $79.2kNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $42.2M in Cereal Flours, making it the 12th largest exporter of Cereal Flours in the world. At the same year, Cereal Flours was the 976th most exported product in China. The main destination of Cereal Flours exports from China are: Nigeria ($37.9M), Australia ($786k), South Korea ($522k), Malaysia ($397k), and United States ($317k).

The fastest growing export markets for Cereal Flours of China between 2021 and 2022 were Nigeria ($36.9M), United Arab Emirates ($277k), and Australia ($255k).

Imports In 2022, China imported $40.6M in Cereal Flours, becoming the 10th largest importer of Cereal Flours in the world. At the same year, Cereal Flours was the 820th most imported product in China. China imports Cereal Flours primarily from: Thailand ($32.1M), Hong Kong ($6.36M), Mexico ($1.04M), Netherlands ($499k), and South Korea ($200k).

The fastest growing import markets in Cereal Flours for China between 2021 and 2022 were Netherlands ($79.2k), Ireland ($64.4k), and Tanzania ($59.7k).

COMPANIES In 2023, leading companies such as Sobel Westex (2), IKEA Group (2), and Walong Marketing (1) were at the forefront of shipping Cereal Flours from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Cereal Flours exports accounted up to $164k and imports accounted up to $2.33M, resulting in a negative trade balance of $2.17M. Between September 2023 and September 2024 the exports of China's   Cereal Flours have increased by $51.1k (45.4%) from $113k to $164k, while imports decreased by $-812k (-25.8%) from $3.15M to $2.33M.

Destinations In September 2024, Cereal Flours were exported mostly to South Korea ($107k), Australia ($35.8k), New Zealand ($14.6k), Denmark ($3.2k), and United States ($2.01k), and were imported mostly from Thailand ($2.22M), Netherlands ($110k), and United States ($2.65k).

Growth In September 2024, the increase in Cereal Flours's year-by-year exports was explained primarily by an increase in exports to South Korea ($26.8k or 33.4%). In September 2024, the decrease in Cereal Flours's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-1.66M or -52.5%) and United States ($-1.26k or -26.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$51.1k(45.4%)
IMPORT GROWTH (September 2023 - September 2024)$-812k(-25.8%)
MAIN EXPORTER (September 2024)Inner Mongolia Autonomous Region$122k
MAIN DESTINATION (September 2024)South Korea$107k

This section shows Cereal Flours'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 Cereal Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.2M
IMPORTS (2022)$40.6M
NET TRADE (2022)$1.51M

In 2022, China exported $42.2M in Cereal Flours. The main destinations of China exports on Cereal Flours were Nigeria ($37.9M), Australia ($786k), South Korea ($522k), Malaysia ($397k), and United States ($317k).

In 2022, China imported $40.6M in Cereal Flours, mainly from Thailand ($32.1M), Hong Kong ($6.36M), Mexico ($1.04M), Netherlands ($499k), and South Korea ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Flours EXPORT MARKETS FOR China WERE (2021 - 2022):
Nigeria$36.9M (3.74k%)
United Arab Emirates$277k (1.27k%)
Australia$255k (48%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Flours BY China WERE (2021 - 2022):
Laos-$678k (-100%)
United Kingdom-$313k (-64.2%)
New Zealand-$91.7k (-45.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Cereal Flours were:
Thailand $161M
Mexico $150M
United States $113M
In 2022, China's main importing competitors in Cereal Flours were:
United States $239M
Democratic Republic of the Congo $86.9M
Canada $57.7M

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Trade Value of Cereal Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $906k
TOP IMPORT POTENTIALMexico+ $1.21M

Cereal Flours’s highest export potential is United States. With an export gap of $906k.   Cereal Flours’s highest import potential is Mexico with an import gap of $1.21M.

See methodology.

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