Linseed in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $2.44M in Linseed, making it the 20th largest exporter of Linseed in the world. At the same year, Linseed was the 1163rd most exported product in China. The main destination of Linseed exports from China are: France ($467k), South Korea ($281k), Germany ($230k), United Kingdom ($193k), and Malaysia ($176k).

The fastest growing export markets for Linseed of China between 2021 and 2022 were France ($298k), South Korea ($228k), and United Kingdom ($175k).

Imports In 2022, China imported $367M in Linseed, becoming the 1st largest importer of Linseed in the world. At the same year, Linseed was the 410th most imported product in China. China imports Linseed primarily from: Russia ($258M), Kazakhstan ($101M), Canada ($6.81M), Mozambique ($1.46M), and Burma ($160k).

The fastest growing import markets in Linseed for China between 2021 and 2022 were Kazakhstan ($69.3M), Russia ($52.4M), and Mozambique ($716k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Linseed from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Linseed exports accounted up to $86.3k and imports accounted up to $32.6M, resulting in a negative trade balance of $32.5M. Between February 2023 and February 2024 the exports of China's Linseed have decreased by $-1.26k (-1.43%) from $87.5k to $86.3k, while imports decreased by $-33M (-50.3%) from $65.6M to $32.6M.

Destinations In February 2024, Linseed were exported mostly to Taiwan ($56k), Malaysia ($12.9k), United Arab Emirates ($8.3k), South Africa ($6.15k), and Singapore ($1.55k), and were imported mostly from Russia ($29.9M), Kazakhstan ($2.49M), Canada ($206k), and United States ($522).

Growth In February 2024, the decrease in Linseed's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-40.1k or -93.9%) and Malaysia ($-12.1k or -52.9%). In February 2024, the decrease in Linseed's year-by-year imports was explained primarily by a decrease in imports from Russia ($-3.95M or -13.2%) and United States ($-15.5k or -80.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-1.26k(-1.43%)

IMPORT GROWTH (February 2023 - February 2024)$-33M(-50.3%)

MAIN EXPORTER (February 2024)Gansu Province$56k

MAIN DESTINATION (February 2024)Taiwan$56k

This section shows Linseed'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 Linseed over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.44M

IMPORTS (2022)$367M

NET TRADE (2022)-$365M

In 2022, China exported $2.44M in Linseed. The main destinations of China exports on Linseed were France ($467k), South Korea ($281k), Germany ($230k), United Kingdom ($193k), and Malaysia ($176k).

In 2022, China imported $367M in Linseed, mainly from Russia ($258M), Kazakhstan ($101M), Canada ($6.81M), Mozambique ($1.46M), and Burma ($160k).

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