2022
Exports
$30.4MWorld Rnk 37 / 152
Flag Rnk 1004 / 1216
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$764MWorld Rnk 9 / 211
Flag Rnk 266 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $30.4M in Seed Oils, making it the 37th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 1004th most exported product in China. The main destination of Seed Oils exports from China are: Malaysia ($19.6M), Thailand ($3.06M), Singapore ($2.28M), South Korea ($1.8M), and United Arab Emirates ($786k).

The fastest growing export markets for Seed Oils of China between 2021 and 2022 were Malaysia ($14M), South Korea ($1.77M), and Singapore ($676k).

Imports In 2022, China imported $764M in Seed Oils, becoming the 9th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 266th most imported product in China. China imports Seed Oils primarily from: Ukraine ($340M), Russia ($305M), Kazakhstan ($103M), United Arab Emirates ($5.62M), and Turkey ($2.08M).

The fastest growing import markets in Seed Oils for China between 2021 and 2022 were Kazakhstan ($95.5M), United Arab Emirates ($4.63M), and Poland ($1.22M).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$507k(77.6%)
IMPORT GROWTH (August 2023 - August 2024)$-21.1M(-20.8%)
MAIN EXPORTER (August 2024)Shandong Province$1.69M
MAIN DESTINATION (August 2024)Malaysia$506k

This section shows Seed Oils'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 Seed Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.4M
IMPORTS (2022)$764M
NET TRADE (2022)-$733M

In 2022, China exported $30.4M in Seed Oils. The main destinations of China exports on Seed Oils were Malaysia ($19.6M), Thailand ($3.06M), Singapore ($2.28M), South Korea ($1.8M), and United Arab Emirates ($786k).

In 2022, China imported $764M in Seed Oils, mainly from Ukraine ($340M), Russia ($305M), Kazakhstan ($103M), United Arab Emirates ($5.62M), and Turkey ($2.08M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$14M (255%)
South Korea$1.77M (6.28k%)
Singapore$676k (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY China WERE (2021 - 2022):
United Arab Emirates-$1.07M (-57.7%)
Ethiopia-$1.04M (-99.8%)
Burma-$144k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, China's main importing competitors in Seed Oils were:

Explore Visualizations

Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.2M
TOP IMPORT POTENTIALRussia+ $91.3M

Seed Oils’s highest export potential is United States. With an export gap of $1.2M.   Seed Oils’s highest import potential is Russia with an import gap of $91.3M.

See methodology.

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