2022
Exports
$518MWorld Rnk 2 / 194
Flag Rnk 574 / 1216
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$91.1MWorld Rnk 10 / 223
Flag Rnk 672 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $518M in Spices, making it the 2nd largest exporter of Spices in the world. At the same year, Spices was the 574th most exported product in China. The main destination of Spices exports from China are: Japan ($74.5M), United States ($62.5M), Netherlands ($50M), Malaysia ($44.4M), and United Arab Emirates ($30M).

The fastest growing export markets for Spices of China between 2021 and 2022 were Kuwait ($3.97M), Hong Kong ($3.57M), and Egypt ($838k).

Imports In 2022, China imported $91.1M in Spices, becoming the 10th largest importer of Spices in the world. At the same year, Spices was the 672nd most imported product in China. China imports Spices primarily from: Burma ($19.4M), India ($19.2M), Turkey ($15.4M), Iran ($13M), and Georgia ($11.6M).

The fastest growing import markets in Spices for China between 2021 and 2022 were Burma ($14.5M), Georgia ($8.38M), and United Arab Emirates ($3.13M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (186), Amazon (182), and General Motors (16) were at the forefront of shipping Spices from China to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-6.49M(-10.3%)
IMPORT GROWTH (September 2023 - September 2024)$-250k(-3.54%)
MAIN EXPORTER (September 2024)Shandong Province$57.8M
MAIN DESTINATION (September 2024)United Arab Emirates$8.08M

This section shows Spices'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 Spices over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$518M
IMPORTS (2022)$91.1M
NET TRADE (2022)$427M

In 2022, China exported $518M in Spices. The main destinations of China exports on Spices were Japan ($74.5M), United States ($62.5M), Netherlands ($50M), Malaysia ($44.4M), and United Arab Emirates ($30M).

In 2022, China imported $91.1M in Spices, mainly from Burma ($19.4M), India ($19.2M), Turkey ($15.4M), Iran ($13M), and Georgia ($11.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR China WERE (2021 - 2022):
Kuwait$3.97M (71.5%)
Hong Kong$3.57M (120%)
Egypt$838k (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY China WERE (2021 - 2022):
Netherlands-$39.6M (-44.2%)
Pakistan-$39.4M (-71.4%)
Malaysia-$32.9M (-42.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Spices were:
In 2022, China's main importing competitors in Spices were:

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.86M
TOP IMPORT POTENTIALIndia+ $18.6M

Spices’s highest export potential is United States. With an export gap of $7.86M.   Spices’s highest import potential is India with an import gap of $18.6M.

See methodology.

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