HS Icon Soybeans in  Flag China

2019
Exports | Imports
: $114M | $32.1B, World Rnk 10 / 118
Flag Rnk 815 / 1216 | World Rnk 1 / 191
Flag Rnk 7 / 1212

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.63M | $4.52B, Vietnam |  United States

2019
ECONOMIC COMPLEXITY of China
: 1, Rnk 30 / 147

2019
PRODUCT COMPLEXITY  IN Soybeans
: -1.25, Rnk 898 / 1029

Exports In 2019, China exported $114M in Soybeans, making it the 10th largest exporter of Soybeans in the world. At the same year, Soybeans was the 815th most exported product in China. The main destination of Soybeans exports from China are: South Korea ($37.7M), Japan ($22.3M), Netherlands ($9.22M), Denmark ($6.85M), and United Kingdom ($5.08M).

The fastest growing export markets for Soybeans of China between 2018 and 2019 were Vietnam ($2.63M), Australia ($1.98M), and Denmark ($1.9M).

Imports In 2019, China imported $32.1B in Soybeans, becoming the 1st largest importer of Soybeans in the world. At the same year, Soybeans was the 7th most imported product in China. China imports Soybeans primarily from: Brazil ($20.5B), United States ($7.87B), Argentina ($3.01B), Uruguay ($511M), and Russia ($206M).

The fastest growing import markets in Soybeans for China between 2018 and 2019 were United States ($4.52B), Argentina ($1.7B), and Uruguay ($300M).

Tariffs In 2018, the average tariff for China in Soybeans was 1.86%. The countries with the highest import tariffs for Soybeans were Burkina Faso (Most Favoured Nation duty rate treatement, 2.4%), Botswana (Most Favoured Nation duty rate treatement, 2.4%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.4%), Cameroon (Most Favoured Nation duty rate treatement, 2.4%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 2.4%).

July 2021

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Value

EXPORT GROWTH (July 2020 - July 2021): $-1.05M, (-34.9%)

IMPORT GROWTH (July 2020 - July 2021): $1.21B, (31.9%)

MAIN EXPORTER (July 2021): Liaoning Province, $1.19M

MAIN DESTINATION (July 2021): Japan, $778k

This section shows Soybeans'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 Soybeans over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2019): $114M

IMPORTS (2019): $32.1B

NET TRADE (2019): -$32B

In 2019, China exported $114M in Soybeans. The main destinations of China exports on Soybeans were South Korea ($37.7M), Japan ($22.3M), Netherlands ($9.22M), Denmark ($6.85M), and United Kingdom ($5.08M).

In 2019, China imported $32.1B in Soybeans, mainly from Brazil ($20.5B), United States ($7.87B), Argentina ($3.01B), Uruguay ($511M), and Russia ($206M).

Explore Visualizations

IN 2019, China HAD A POSITIVE NET TRADE IN Soybeans WITH:

IN 2019, China HAD A NEGATIVE NET TRADE IN Soybeans WITH:

Flow

THE FASTEST GROWING Soybeans EXPORT MARKETS FOR China WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY China WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2019, China's main exporting competitors in Soybeans were:

In 2019, China's main importing competitors in Soybeans were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2018, the average tariff for China in Soybeans was 1.86%.

The countries with the highest tariffs for Soybeans in China were Burkina Faso (Most Favoured Nation duty rate treatement, 2.4%), Botswana (Most Favoured Nation duty rate treatement, 2.4%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.4%), Cameroon (Most Favoured Nation duty rate treatement, 2.4%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 2.4%).