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2022
Exports $275MWorld Rnk 11 / 181
Flag Rnk 700 / 1216
2022
Destination $14.2M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $14.2MVietnam
2022
PRODUCT COMPLEXITY IN Prepared Cereals-0.43Rnk 681 / 1025
2022
Imports $196MWorld Rnk 10 / 223
Flag Rnk 524 / 1212
2022
Origin $18.8M Australia
2021 - 2022
FASTEST GROWING ORIGIN $18.8MAustralia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $275M in Prepared Cereals, making it the 11th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 700th most exported product in China. The main destination of Prepared Cereals exports from China are: Hong Kong ($48.1M), South Korea ($28.8M), Japan ($27.6M), Thailand ($24.2M), and United States ($21.9M).

The fastest growing export markets for Prepared Cereals of China between 2021 and 2022 were Vietnam ($14.2M), Pakistan ($10.5M), and South Sudan ($3.81M).

Imports In 2022, China imported $196M in Prepared Cereals, becoming the 10th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 524th most imported product in China. China imports Prepared Cereals primarily from: Australia ($44.7M), Japan ($37M), South Korea ($35.1M), Malaysia ($17.3M), and Thailand ($16.4M).

The fastest growing import markets in Prepared Cereals for China between 2021 and 2022 were Australia ($18.8M), Netherlands ($12M), and Philippines ($2M).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (63), Walong Marketing (51), and At Home Procurement (28) were at the forefront of shipping Prepared Cereals from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Prepared Cereals exports accounted up to $29.5M and imports accounted up to $15.3M, resulting in a positive trade balance of $14.2M. Between August 2023 and August 2024 the exports of China's   Prepared Cereals have increased by $1.87M (6.79%) from $27.6M to $29.5M, while imports decreased by $-2.31M (-13.1%) from $17.6M to $15.3M.

Destinations In August 2024, Prepared Cereals were exported mostly to South Korea ($3.72M), Hong Kong ($3.69M), United States ($2.5M), Japan ($2.39M), and Democratic Republic of the Congo ($1.7M), and were imported mostly from Australia ($3.86M), Japan ($2.44M), Thailand ($2.16M), South Korea ($1.75M), and Indonesia ($1.17M).

Growth In August 2024, the increase in Prepared Cereals's year-by-year exports was explained primarily by an increase in exports to Kenya ($1.06M or 78.3k%), Hong Kong ($541k or 10.5%), and United States ($313k or 15%). In August 2024, the decrease in Prepared Cereals's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2.83M or -52.7%), Australia ($-673k or -19.6%), and Russia ($-325k or -71.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.87M(6.79%)
IMPORT GROWTH (August 2023 - August 2024)$-2.31M(-13.1%)
MAIN EXPORTER (August 2024)Guangdong Province$10.4M
MAIN DESTINATION (August 2024)South Korea$3.72M

This section shows Prepared Cereals'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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$275M
IMPORTS (2022)$196M
NET TRADE (2022)$79.6M

In 2022, China exported $275M in Prepared Cereals. The main destinations of China exports on Prepared Cereals were Hong Kong ($48.1M), South Korea ($28.8M), Japan ($27.6M), Thailand ($24.2M), and United States ($21.9M).

In 2022, China imported $196M in Prepared Cereals, mainly from Australia ($44.7M), Japan ($37M), South Korea ($35.1M), Malaysia ($17.3M), and Thailand ($16.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$14.2M (206%)
Pakistan$10.5M (12.4k%)
South Sudan$3.81M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY China WERE (2021 - 2022):
Japan-$9.6M (-25.8%)
Indonesia-$4.98M (-65.3%)
United States-$4.06M (-15.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Prepared Cereals were:
Germany $784M
United States $747M
United Kingdom $648M
In 2022, China's main importing competitors in Prepared Cereals were:
United States $1.03B
Canada $606M
Germany $513M

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.1M
TOP IMPORT POTENTIALThailand+ $5.84M

Prepared Cereals’s highest export potential is United States. With an export gap of $13.1M.   Prepared Cereals’s highest import potential is Thailand with an import gap of $5.84M.

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