Other Sugars in China 2020 Exports | Imports : $773M | $602M, World Rnk 2 / 159 Rnk 400 / 1215 | World Rnk 2 / 220 Rnk 299 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.15M | $140M, Thailand | Thailand
Exports In 2020, China exported $773M in Other Sugars, making it the 2nd largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 400th most exported product in China. The main destination of Other Sugars exports from China are: Indonesia ($136M), Philippines ($99M), Vietnam ($83.5M), South Korea ($63.8M), and Thailand ($55.6M).
The fastest growing export markets for Other Sugars of China between 2019 and 2020 were Thailand ($6.15M), Colombia ($4.7M), and South Korea ($3.49M).
Imports In 2020, China imported $602M in Other Sugars, becoming the 2nd largest importer of Other Sugars in the world. At the same year, Other Sugars was the 299th most imported product in China. China imports Other Sugars primarily from: Thailand ($179M), Vietnam ($102M), United States ($75.2M), Myanmar ($64.3M), and Malaysia ($47.5M).
The fastest growing import markets in Other Sugars for China between 2019 and 2020 were Thailand ($140M), Vietnam ($101M), and Myanmar ($63M).
Tariffs In 2018, the average tariff for China in Other Sugars was 20.8%. The countries with the highest import tariffs for Other Sugars were Benin (Most Favoured Nation duty rate treatement, 30%), Bangladesh (Most Favoured Nation duty rate treatement, 30%), Georgia (Most Favoured Nation duty rate treatement, 30%), South Korea (Most Favoured Nation duty rate treatement, 30%), and Pakistan (Most Favoured Nation duty rate treatement, 30%).
November 2021
Overview In November 2021 China's Other Sugars exports accounted up to $74.1M and imports accounted up to $52.2M, resulting in a positive trade balance of $21.9M. Between November 2020 and November 2021 the exports of China's Other Sugars have increased by $14.2M (23.7%) from $59.9M to $74.1M, while imports decreased by $-4.46M (-7.87%) from $56.7M to $52.2M.
Destinations In November 2021, Other Sugars were exported mostly to Indonesia ($10.5M), Vietnam ($9.21M), Philippines ($8.6M), Thailand ($4.59M), and South Korea ($4.58M), and were imported mostly from Thailand ($27.5M), United States ($10M), Vietnam ($2.05M), Germany ($1.86M), and Malaysia ($1.47M).
Growth In November 2021, the increase in Other Sugars's year-by-year exports was explained primarily by an increase in exports to Bangladesh ($668k or 69.7%), United States ($514k or 33.8%), and Yemen ($485k or 370%). In November 2021, the decrease in Other Sugars's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.71M or -59.3%), Netherlands ($-1.7M or -79.2%), and New Zealand ($-574k or -43.3%).
EXPORT GROWTH (November 2020 - November 2021): $14.2M, (23.7%)
IMPORT GROWTH (November 2020 - November 2021): $-4.46M, (-7.87%)
MAIN EXPORTER (November 2021): Shandong Province, $30.5M
MAIN DESTINATION (November 2021): Indonesia, $10.5M
This section shows Other Sugars'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 Other Sugars over time.
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EXPORTS (2020): $773M
IMPORTS (2020): $602M
NET TRADE (2020): $172M
In 2020, China exported $773M in Other Sugars. The main destinations of China exports on Other Sugars were Indonesia ($136M), Philippines ($99M), Vietnam ($83.5M), South Korea ($63.8M), and Thailand ($55.6M).
In 2020, China imported $602M in Other Sugars, mainly from Thailand ($179M), Vietnam ($102M), United States ($75.2M), Myanmar ($64.3M), and Malaysia ($47.5M).
IN 2020, China HAD A POSITIVE NET TRADE IN Other Sugars WITH:
IN 2020, China HAD A NEGATIVE NET TRADE IN Other Sugars WITH:
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY China WERE (2019 - 2020):
In 2019, China's main exporting competitors in Other Sugars were:
In 2019, China's main importing competitors in Other Sugars were:
In 2018, the average tariff for China in Other Sugars was 20.8%.
The countries with the highest tariffs for Other Sugars in China were Benin (Most Favoured Nation duty rate treatement, 30%), Bangladesh (Most Favoured Nation duty rate treatement, 30%), Georgia (Most Favoured Nation duty rate treatement, 30%), South Korea (Most Favoured Nation duty rate treatement, 30%), and Pakistan (Most Favoured Nation duty rate treatement, 30%).
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