Cereals in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $1.23B in Cereals, making it the 24th largest exporter of Cereals in the world. At the same year, Cereals was the 80th most exported product in China. The main destination of Cereals exports from China are: South Korea ($219M), Egypt ($151M), Turkey ($116M), Japan ($77.5M), and Papua New Guinea ($73.5M).

The fastest growing export markets for Cereals of China between 2021 and 2022 were Egypt ($70.7M), Turkey ($63.5M), and North Korea ($33.2M).

Imports In 2022, China imported $18.6B in Cereals, becoming the 1st largest importer of Cereals in the world. At the same year, Cereals was the 16th most imported product in China. China imports Cereals primarily from: United States ($7.58B), Australia ($2.72B), Canada ($2.17B), Argentina ($1.11B), and Ukraine ($1.11B).

The fastest growing import markets in Cereals for China between 2021 and 2022 were Australia ($1.36B), Canada ($638M), and Brazil ($324M).

COMPANIES In 2023, leading companies such as Walong Marketing (85), Riviana Foods (69), and Conair (19) were at the forefront of shipping Cereals from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Cereals exports accounted up to $41.9M and imports accounted up to $1.07B, resulting in a negative trade balance of $1.03B. Between July 2023 and July 2024 the exports of China's Cereals have decreased by $-71.6M (-63.1%) from $113M to $41.9M, while imports decreased by $-224M (-17.3%) from $1.29B to $1.07B.

Destinations In July 2024, Cereals were exported mostly to Egypt ($13.5M), Lebanon ($7.98M), Sierra Leone ($7.19M), Mongolia ($2.37M), and Hong Kong ($1.9M), and were imported mostly from United States ($311M), Australia ($235M), Ukraine ($179M), France ($115M), and Canada ($107M).

Growth In July 2024, the decrease in Cereals's year-by-year exports was explained primarily by a decrease in exports to Egypt ($-6.49M or -41.2%), Niger ($-2.25M or -75.7%), and Pakistan ($-2.12M or -53%). In July 2024, the decrease in Cereals's year-by-year imports was explained primarily by a decrease in imports from Ukraine ($-436M or -79.9%), France ($-175M or -72.2%), and Argentina ($-113M or -79.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-71.6M(-63.1%)

IMPORT GROWTH (July 2023 - July 2024)$-224M(-17.3%)

MAIN EXPORTER (July 2024)Beijing$80.6M

MAIN DESTINATION (July 2024)Egypt$13.5M

This section shows Cereals'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 Cereals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.23B

IMPORTS (2022)$18.6B

NET TRADE (2022)-$17.3B

In 2022, China exported $1.23B in Cereals. The main destinations of China exports on Cereals were South Korea ($219M), Egypt ($151M), Turkey ($116M), Japan ($77.5M), and Papua New Guinea ($73.5M).

In 2022, China imported $18.6B in Cereals, mainly from United States ($7.58B), Australia ($2.72B), Canada ($2.17B), Argentina ($1.11B), and Ukraine ($1.11B).

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