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2023
Exports $641MWorld Rnk 1 / 198
Flag Rnk 514 / 1215
2023
Destination $17.7M Japan
2022 - 2023
FASTEST GROWING MARKET $17.7MGermany
2023
PRODUCT COMPLEXITY IN Spices-1.59Rnk 959 / 1025
2023
Imports $99.9MWorld Rnk 11 / 224
Flag Rnk 635 / 1214
2023
Origin $11.4M Iran
2022 - 2023
FASTEST GROWING ORIGIN $11.4MIran
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $641M in Spices, making it the 1st largest exporter of Spices in the world. At the same year, Spices was the 514th most exported product in China. The main destination of Spices exports from China are: Japan ($88.8M), United States ($64.7M), Germany ($60.5M), Netherlands ($56.7M), and Malaysia ($47.5M).

The fastest growing export markets for Spices of China between 2022 and 2023 were Germany ($17.7M), Malaysia ($16.8M), and Saudi Arabia ($13.2M).

Imports In 2023, China imported $99.9M in Spices, becoming the 11th largest importer of Spices in the world. At the same year, Spices was the 635th most imported product in China. China imports Spices primarily from: Iran ($26.5M), Burma ($21.8M), India ($17.9M), Georgia ($10M), and Turkey ($7.75M).

The fastest growing import markets in Spices for China between 2022 and 2023 were Iran ($11.4M), Nigeria ($6.6M), and Burma ($2.43M).

COMPANIES In 2024, leading companies such as Amazon (167), Wismettac Asian Foods (132), and Loblaws Supermarkets (32) were at the forefront of shipping Spices from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Spices exports accounted up to $66.5M and imports accounted up to $5.4M, resulting in a positive trade balance of $61.1M. Between December 2023 and December 2024 the exports of China's   Spices have increased by $3.39M (5.38%) from $63.1M to $66.5M, while imports decreased by $-5.93M (-52.3%) from $11.3M to $5.4M.

Destinations In December 2024, Spices were exported mostly to Netherlands ($10.8M), United States ($10.5M), United Arab Emirates ($7.61M), Malaysia ($4.91M), and United Kingdom ($4.35M), and were imported mostly from Iran ($3.04M), Georgia ($1.34M), Burma ($560k), India ($164k), and Malaysia ($103k).

Growth In December 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to Netherlands ($9.85M or 136%), United Arab Emirates ($3.94M or 73.5%), and United States ($3.49M or 60.2%). In December 2024, the decrease in Spices's year-by-year imports was explained primarily by a decrease in imports from Turkey ($-154k or -90.8%), Iran ($-134k or -9.8%), and Burma ($-77.6k or -78.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$3.39M(5.38%)
IMPORT GROWTH (December 2023 - December 2024)$-5.93M(-52.3%)
MAIN EXPORTER (December 2024)Shandong Province$57.8M
MAIN DESTINATION (December 2024)Netherlands$10.8M

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 (2023)$641M
IMPORTS (2023)$99.9M
NET TRADE (2023)$541M

In 2023, China exported $641M in Spices. The main destinations of China exports on Spices were Japan ($88.8M), United States ($64.7M), Germany ($60.5M), Netherlands ($56.7M), and Malaysia ($47.5M).

In 2023, China imported $99.9M in Spices, mainly from Iran ($26.5M), Burma ($21.8M), India ($17.9M), Georgia ($10M), and Turkey ($7.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR China WERE (2022 - 2023):
Germany$17.7M (41.3%)
Malaysia$16.8M (54.6%)
Saudi Arabia$13.2M (59.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY China WERE (2022 - 2023):
Pakistan-$16.4M (-77.7%)
Bangladesh-$12.2M (-77.6%)
United States-$9.6M (-12.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Spices were:
India $509M
Germany $172M
In 2023, China's main importing competitors in Spices were:
United States $422M
Netherlands $241M
Germany $209M

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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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