2022
Exports
$3.34BWorld Rnk 8 / 213
Flag Rnk 65 / 96
2022
PRODUCT COMPLEXITY IN Oils seeds, oleaginous fruits, grains, straw & fodder
0.45Rnk 387 / 1025
2022
Imports
$60.5BWorld Rnk 1 / 222
Flag Rnk 9 / 96
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.34B in Oils seeds, oleaginous fruits, grains, straw & fodder, making it the 8th largest exporter of Oils seeds, oleaginous fruits, grains, straw & fodder in the world. At the same year, Oils seeds, oleaginous fruits, grains, straw & fodder was the 65th most exported product in China. The main destination of Oils seeds, oleaginous fruits, grains, straw & fodder exports from China are: South Korea ($410M), Japan ($318M), Vietnam ($222M), Chinese Taipei ($185M), and United States ($183M).

The fastest growing export markets for Oils seeds, oleaginous fruits, grains, straw & fodder of China between 2021 and 2022 were Vietnam ($63.4M), Iran ($49.8M), and United Arab Emirates ($45.4M).

Imports In 2022, China imported $60.5B in Oils seeds, oleaginous fruits, grains, straw & fodder, becoming the 1st largest importer of Oils seeds, oleaginous fruits, grains, straw & fodder in the world. At the same year, Oils seeds, oleaginous fruits, grains, straw & fodder was the 9th most imported product in China. China imports Oils seeds, oleaginous fruits, grains, straw & fodder primarily from: Brazil ($31.9B), United States ($19B), Argentina ($2.92B), Canada ($2.44B), and Sudan ($657M).

The fastest growing import markets in Oils seeds, oleaginous fruits, grains, straw & fodder for China between 2021 and 2022 were Brazil ($4.64B), United States ($3.76B), and Argentina ($1.12B).

COMPANIES In 2023, leading companies such as Stelfast (340), Wismettac Asian Foods (40), and CrimsonLogic (29) were at the forefront of shipping Oils seeds, oleaginous fruits, grains, straw & fodder from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$12.5M(6.13%)
IMPORT GROWTH (July 2023 - July 2024)$-452M(-7.67%)
MAIN EXPORTER (July 2024)Inner Mongolia Autonomous Region$121M
MAIN DESTINATION (July 2024)Japan$30.3M

This section shows Oils seeds, oleaginous fruits, grains, straw & fodder'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 Oils seeds, oleaginous fruits, grains, straw & fodder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.34B
IMPORTS (2022)$60.5B
NET TRADE (2022)-$57.1B

In 2022, China exported $3.34B in Oils seeds, oleaginous fruits, grains, straw & fodder. The main destinations of China exports on Oils seeds, oleaginous fruits, grains, straw & fodder were South Korea ($410M), Japan ($318M), Vietnam ($222M), Chinese Taipei ($185M), and United States ($183M).

In 2022, China imported $60.5B in Oils seeds, oleaginous fruits, grains, straw & fodder, mainly from Brazil ($31.9B), United States ($19B), Argentina ($2.92B), Canada ($2.44B), and Sudan ($657M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oils seeds, oleaginous fruits, grains, straw & fodder EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$63.4M (40.1%)
Iran$49.8M (98.4%)
United Arab Emirates$45.4M (97.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oils seeds, oleaginous fruits, grains, straw & fodder BY China WERE (2021 - 2022):
Turkey-$46.7M (-50.1%)
Egypt-$44.3M (-48.1%)
Netherlands-$19.2M (-13.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Oils seeds, oleaginous fruits, grains, straw & fodder were:
In 2022, China's main importing competitors in Oils seeds, oleaginous fruits, grains, straw & fodder were:
Germany $8.59B
Japan $6.28B

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Trade Value of Oils seeds, oleaginous fruits, grains, straw & fodder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $44.2M
TOP IMPORT POTENTIALRussia+ $250M

Oils seeds, oleaginous fruits, grains, straw & fodder’s highest export potential is United States. With an export gap of $44.2M.   Oils seeds, oleaginous fruits, grains, straw & fodder’s highest import potential is Russia with an import gap of $250M.

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