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2022
Exports $2.85BWorld Rnk 5 / 218
Flag Rnk 213 / 4606
2022
Destination $77.5M United States
2021 - 2022
FASTEST GROWING MARKET $77.5MUnited States
2022
Imports $2.79BWorld Rnk 2 / 226
Flag Rnk 106 / 4539
2022
Origin $56.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $56.3MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.85B in Food preparations nes, making it the 5th largest exporter of Food preparations nes in the world. At the same year, Food preparations nes was the 213th most exported product in China. The main destination of Food preparations nes exports from China are: United States ($457M), Hong Kong ($373M), Vietnam ($132M), Malaysia ($129M), and Japan ($119M).

The fastest growing export markets for Food preparations nes of China between 2021 and 2022 were United States ($77.5M), Vietnam ($73M), and Malaysia ($57.3M).

Imports In 2022, China imported $2.79B in Food preparations nes, becoming the 2nd largest importer of Food preparations nes in the world. At the same year, Food preparations nes was the 106th most imported product in China. China imports Food preparations nes primarily from: United States ($384M), Australia ($333M), Japan ($303M), Germany ($217M), and Hong Kong ($179M).

The fastest growing import markets in Food preparations nes for China between 2021 and 2022 were Germany ($56.3M), United Kingdom ($31.9M), and Hong Kong ($30.1M).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Food preparations nes from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Food preparations nes exports accounted up to $297M and imports accounted up to $506M, resulting in a negative trade balance of $209M. Between July 2023 and July 2024 the exports of China's   Food preparations nes have decreased by $-81.2M (-21.5%) from $378M to $297M, while imports increased by $102M (25.1%) from $404M to $506M.

Destinations In July 2024, Food preparations nes were exported mostly to N/A, and were imported mostly from United States ($115M), Germany ($81.3M), Australia ($67.1M), South Korea ($24.4M), and Hong Kong ($23.3M).

Growth In July 2024, the decrease in Food preparations nes's year-by-year exports was explained primarily by a decrease in exports to United States ($-15.3M or -35.9%), Australia ($-4.4M or -46.6%), and Burma ($-3.54M or -38%). In July 2024, the increase in Food preparations nes's year-by-year imports was explained primarily by an increase in imports from Germany ($16.6M or 70.1%), Australia ($14.4M or 38%), and New Zealand ($9.09M or 160%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-81.2M(-21.5%)
IMPORT GROWTH (July 2023 - July 2024)$102M(25.1%)
MAIN EXPORTER (July 2024)Jiangsu Province$56.6M

This section shows Food preparations nes'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 Food preparations nes over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Food preparations nes throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.85B
IMPORTS (2022)$2.79B
NET TRADE (2022)$58.8M

In 2022, China exported $2.85B in Food preparations nes. The main destinations of China exports on Food preparations nes were United States ($457M), Hong Kong ($373M), Vietnam ($132M), Malaysia ($129M), and Japan ($119M).

In 2022, China imported $2.79B in Food preparations nes, mainly from United States ($384M), Australia ($333M), Japan ($303M), Germany ($217M), and Hong Kong ($179M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Food preparations nes EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$77.5M (20.4%)
Vietnam$73M (124%)
Malaysia$57.3M (80.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Food preparations nes BY China WERE (2021 - 2022):
Burma-$14.1M (-14.6%)
Singapore-$11.7M (-13.1%)
Mongolia-$10.8M (-50.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Food preparations nes were:
Singapore $6.73B
United States $6.71B
Germany $4.86B
In 2022, China's main importing competitors in Food preparations nes were:
United States $8.05B
Germany $2.52B

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Trade Value of Food preparations nes by Exporters

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