2022
Exports
$225MWorld Rnk 6 / 149
Flag Rnk 739 / 1216
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$672MWorld Rnk 1 / 201
Flag Rnk 294 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $225M in Ground Nuts, making it the 6th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 739th most exported product in China. The main destination of Ground Nuts exports from China are: Japan ($30.2M), Thailand ($24.8M), Netherlands ($20.6M), Indonesia ($20.5M), and Spain ($14.4M).

The fastest growing export markets for Ground Nuts of China between 2021 and 2022 were Japan ($5.15M), Thailand ($3.64M), and Mexico ($2.07M).

Imports In 2022, China imported $672M in Ground Nuts, becoming the 1st largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 294th most imported product in China. China imports Ground Nuts primarily from: Sudan ($388M), Senegal ($128M), United States ($67.1M), Vietnam ($42.3M), and Burma ($15M).

The fastest growing import markets in Ground Nuts for China between 2021 and 2022 were Argentina ($8.77M), United Arab Emirates ($966k), and Singapore ($182k).

COMPANIES In 2023, leading companies such as Vestas (22), Volvo (7), and Jo-Ann Stores (2) were at the forefront of shipping Ground Nuts from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$2.27M(25.4%)
IMPORT GROWTH (July 2023 - July 2024)$31.8M(125%)
MAIN EXPORTER (July 2024)Shandong Province$19.5M
MAIN DESTINATION (July 2024)Spain$1.71M

This section shows Ground Nuts'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 Ground Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$672M
NET TRADE (2022)-$447M

In 2022, China exported $225M in Ground Nuts. The main destinations of China exports on Ground Nuts were Japan ($30.2M), Thailand ($24.8M), Netherlands ($20.6M), Indonesia ($20.5M), and Spain ($14.4M).

In 2022, China imported $672M in Ground Nuts, mainly from Sudan ($388M), Senegal ($128M), United States ($67.1M), Vietnam ($42.3M), and Burma ($15M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$5.15M (20.5%)
Thailand$3.64M (17.2%)
Mexico$2.07M (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY China WERE (2021 - 2022):
Indonesia-$22.7M (-52.6%)
Canada-$6.84M (-33%)
Vietnam-$5.12M (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Ground Nuts were:
In 2022, China's main importing competitors in Ground Nuts were:

Explore Visualizations

Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $4.99M
TOP IMPORT POTENTIALIndia+ $27.2M

Ground Nuts’s highest export potential is Vietnam. With an export gap of $4.99M.   Ground Nuts’s highest import potential is India with an import gap of $27.2M.

See methodology.

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