Frozen Vegetables in China 2020 Exports | Imports : $1.21B | $38M, World Rnk 2 / 159 Rnk 311 / 1215 | World Rnk 28 / 222 Rnk 811 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $31.4M | $3.65M, Singapore | Thailand
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Frozen Vegetables: -0.68, Rnk 746 / 1029
Exports In 2020, China exported $1.21B in Frozen Vegetables, making it the 2nd largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 311th most exported product in China. The main destination of Frozen Vegetables exports from China are: Japan ($501M), South Korea ($234M), United States ($105M), Italy ($36.1M), and Singapore ($35.9M).
The fastest growing export markets for Frozen Vegetables of China between 2019 and 2020 were Singapore ($31.4M), South Korea ($5.28M), and Guatemala ($3.76M).
Imports In 2020, China imported $38M in Frozen Vegetables, becoming the 28th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 811th most imported product in China. China imports Frozen Vegetables primarily from: New Zealand ($16.5M), United States ($14.7M), Thailand ($3.92M), Singapore ($545k), and Spain ($426k).
The fastest growing import markets in Frozen Vegetables for China between 2019 and 2020 were Thailand ($3.65M), Singapore ($545k), and Australia ($88k).
Tariffs In 2018, the average tariff for China in Frozen Vegetables was 10%. The countries with the highest import tariffs for Frozen Vegetables were Bangladesh (Most Favoured Nation duty rate treatement, 13%), Iceland (Most Favoured Nation duty rate treatement, 13%), Burkina Faso (Most Favoured Nation duty rate treatement, 12.6%), Botswana (Most Favoured Nation duty rate treatement, 12.6%), and Cote d'Ivoire (Most Favoured Nation duty rate treatement, 12.6%).
December 2022
Overview In December 2022 China's Frozen Vegetables exports accounted up to $117M and imports accounted up to $3.41M, resulting in a positive trade balance of $113M. Between December 2021 and December 2022 the exports of China's Frozen Vegetables have decreased by $-596k (-0.51%) from $117M to $117M, while imports decreased by $-2.38M (-41.1%) from $5.79M to $3.41M.
Destinations In December 2022, Frozen Vegetables were exported mostly to Japan ($42.2M), South Korea ($26.8M), United States ($10.8M), United Kingdom ($4.2M), and Germany ($3.59M), and were imported mostly from New Zealand ($1.51M), United States ($1.19M), Spain ($367k), Italy ($199k), and Sweden ($97.4k).
Growth In December 2022, the decrease in Frozen Vegetables's year-by-year exports was explained primarily by a decrease in exports to Canada ($-955k or -28.4%), Guatemala ($-538k or -78.1%), and Qatar ($-187k or -86.9%). In December 2022, the decrease in Frozen Vegetables's year-by-year imports was explained primarily by a decrease in imports from United States ($-456k or -29.4%), Thailand ($-230k or -50.3%), and France ($-4.39k or -57.2%).
EXPORT GROWTH (December 2021 - December 2022): $-596k, (-0.51%)
IMPORT GROWTH (December 2021 - December 2022): $-2.38M, (-41.1%)
MAIN EXPORTER (December 2022): Shandong Province, $70.5M
MAIN DESTINATION (December 2022): Japan, $42.2M
This section shows Frozen Vegetables'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 Frozen Vegetables over time.
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EXPORTS (2020): $1.21B
IMPORTS (2020): $38M
NET TRADE (2020): $1.17B
In 2020, China exported $1.21B in Frozen Vegetables. The main destinations of China exports on Frozen Vegetables were Japan ($501M), South Korea ($234M), United States ($105M), Italy ($36.1M), and Singapore ($35.9M).
In 2020, China imported $38M in Frozen Vegetables, mainly from New Zealand ($16.5M), United States ($14.7M), Thailand ($3.92M), Singapore ($545k), and Spain ($426k).
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Frozen Vegetables were:
In 2020, China's main importing competitors in Frozen Vegetables were:
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