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2022
Exports $723kWorld Rnk 21 / 85
Flag Rnk 1190 / 1216
2022
Destination $83.3k Brazil
2021 - 2022
FASTEST GROWING MARKET $83.3kHong Kong
2022
PRODUCT COMPLEXITY IN Hops0.45Rnk 387 / 1025
2022
Imports $55.2MWorld Rnk 5 / 160
Flag Rnk 768 / 1212
2022
Origin $6.25M Germany
2021 - 2022
FASTEST GROWING ORIGIN $6.25MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $723k in Hops, making it the 21st largest exporter of Hops in the world. At the same year, Hops was the 1190th most exported product in China. The main destination of Hops exports from China are: Brazil ($192k), Russia ($156k), Ukraine ($113k), Hong Kong ($95.8k), and Romania ($46.1k).

The fastest growing export markets for Hops of China between 2021 and 2022 were Hong Kong ($83.3k), Russia ($60.4k), and Romania ($46.1k).

Imports In 2022, China imported $55.2M in Hops, becoming the 5th largest importer of Hops in the world. At the same year, Hops was the 768th most imported product in China. China imports Hops primarily from: Germany ($20M), Czechia ($16M), United States ($14.9M), Slovenia ($3.01M), and Hong Kong ($681k).

The fastest growing import markets in Hops for China between 2021 and 2022 were United States ($6.25M), Hong Kong ($681k), and France ($99.7k).

COMPANIES In 2023, leading companies such as Amazon (23), CrimsonLogic (5), and Goplus (3) were at the forefront of shipping Hops from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Hops exports accounted up to $94.5k and imports accounted up to $1.35M, resulting in a negative trade balance of $1.25M. Between August 2023 and November 2024 the exports of China's   Hops have decreased by $-64.8k (-40.7%) from $159k to $94.5k, while imports increased by $973k (259%) from $375k to $1.35M.

Destinations In November 2024, Hops were exported mostly to Brazil ($94.5k), and were imported mostly from Germany ($658k), Czechia ($417k), United States ($272k), France ($347), and Slovenia ($119).

Growth In November 2024, the decrease in Hops's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Hops's year-by-year imports was explained primarily by an increase in imports from Czechia ($940k or 27.3%) and United States ($64.1k or 5.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - November 2024)$-64.8k(-40.7%)
IMPORT GROWTH (November 2023 - November 2024)$973k(259%)
MAIN EXPORTER (November 2024)Tianjin$124k
MAIN DESTINATION (November 2024)Brazil$94.5k

This section shows Hops'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 Hops over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$723k
IMPORTS (2022)$55.2M
NET TRADE (2022)-$54.5M

In 2022, China exported $723k in Hops. The main destinations of China exports on Hops were Brazil ($192k), Russia ($156k), Ukraine ($113k), Hong Kong ($95.8k), and Romania ($46.1k).

In 2022, China imported $55.2M in Hops, mainly from Germany ($20M), Czechia ($16M), United States ($14.9M), Slovenia ($3.01M), and Hong Kong ($681k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$83.3k (667%)
Russia$60.4k (62.9%)
Romania$46.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY China WERE (2021 - 2022):
Brazil-$71.6k (-27.2%)
Moldova-$60.6k (-100%)
United States-$27.9k (-90.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hops were:
United States $298M
Germany $284M
Czechia $63.1M
In 2022, China's main importing competitors in Hops were:
Germany $81.7M
United Kingdom $78.3M
United States $67.1M

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $125k
TOP IMPORT POTENTIALUnited States+ $1.81M

Hops’s highest export potential is Russia. With an export gap of $125k.   Hops’s highest import potential is United States with an import gap of $1.81M.

See methodology.

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