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2022
Exports $83.2MWorld Rnk 11 / 158
Flag Rnk 901 / 1216
2022
Destination $4.78M Japan
2021 - 2022
FASTEST GROWING MARKET $4.78MJapan
2022
PRODUCT COMPLEXITY IN Processed Cereals-0.77Rnk 775 / 1025
2022
Imports $127MWorld Rnk 3 / 218
Flag Rnk 605 / 1212
2022
Origin $73.7M Laos
2021 - 2022
FASTEST GROWING ORIGIN $73.7MLaos
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $83.2M in Processed Cereals, making it the 11th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 901st most exported product in China. The main destination of Processed Cereals exports from China are: Japan ($46.2M), Nigeria ($11.6M), Netherlands ($6.67M), Hong Kong ($4.37M), and Germany ($2.39M).

The fastest growing export markets for Processed Cereals of China between 2021 and 2022 were Japan ($4.78M), Netherlands ($2.9M), and United Kingdom ($666k).

Imports In 2022, China imported $127M in Processed Cereals, becoming the 3rd largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 605th most imported product in China. China imports Processed Cereals primarily from: Laos ($89.9M), Australia ($26.2M), Canada ($2.57M), Finland ($1.85M), and Burma ($1.84M).

The fastest growing import markets in Processed Cereals for China between 2021 and 2022 were Laos ($73.7M), Burma ($585k), and Finland ($454k).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Processed Cereals from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Processed Cereals exports accounted up to $2.01M and imports accounted up to $6.67M, resulting in a negative trade balance of $4.66M. Between July 2023 and July 2024 the exports of China's   Processed Cereals have decreased by $-2.9M (-59.1%) from $4.91M to $2.01M, while imports increased by $4.47M (203%) from $2.2M to $6.67M.

Destinations In July 2024, Processed Cereals were exported mostly to Japan ($1.15M), Germany ($189k), United States ($164k), Australia ($120k), and United Kingdom ($88.7k), and were imported mostly from Laos ($5.63M), Australia ($811k), Canada ($191k), Russia ($27.2k), and Bolivia ($8.57k).

Growth In July 2024, the decrease in Processed Cereals's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-468k or -69.7%), Australia ($-203k or -71.2%), and United States ($-110k or -45.1%). In July 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from Laos ($225k or 8.01%), Burma ($25.7k or 8.1%), and Australia ($24.9k or 2.24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.9M(-59.1%)
IMPORT GROWTH (July 2023 - July 2024)$4.47M(203%)
MAIN EXPORTER (July 2024)Liaoning Province$1.93M
MAIN DESTINATION (July 2024)Japan$1.15M

This section shows Processed 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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$83.2M
IMPORTS (2022)$127M
NET TRADE (2022)-$43.7M

In 2022, China exported $83.2M in Processed Cereals. The main destinations of China exports on Processed Cereals were Japan ($46.2M), Nigeria ($11.6M), Netherlands ($6.67M), Hong Kong ($4.37M), and Germany ($2.39M).

In 2022, China imported $127M in Processed Cereals, mainly from Laos ($89.9M), Australia ($26.2M), Canada ($2.57M), Finland ($1.85M), and Burma ($1.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$4.78M (11.6%)
Netherlands$2.9M (76.9%)
United Kingdom$666k (76.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY China WERE (2021 - 2022):
Germany-$2.75M (-53.5%)
Nigeria-$2.45M (-17.5%)
Russia-$1.06M (-96.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Processed Cereals were:
Canada $502M
Germany $183M
United States $168M
In 2022, China's main importing competitors in Processed Cereals were:
United States $597M
Germany $131M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.03M
TOP IMPORT POTENTIALCanada+ $3.1M

Processed Cereals’s highest export potential is United States. With an export gap of $3.03M.   Processed Cereals’s highest import potential is Canada with an import gap of $3.1M.

See methodology.

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