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2022
Exports $518MWorld Rnk 2 / 194
Flag Rnk 574 / 1216
2022
Destination $3.97M Japan
2021 - 2022
FASTEST GROWING MARKET $3.97MKuwait
2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025
2022
Imports $91.1MWorld Rnk 10 / 223
Flag Rnk 672 / 1212
2022
Origin $14.5M Burma
2021 - 2022
FASTEST GROWING ORIGIN $14.5MBurma
2022
ECONOMIC COMPLEXITY of China1.12Rnk 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

May 2024

About

Overview In May 2024 China's Spices exports accounted up to $76.6M and imports accounted up to $9.8M, resulting in a positive trade balance of $66.8M. Between May 2023 and May 2024 the exports of China's   Spices have increased by $30.4M (66%) from $46.1M to $76.6M, while imports increased by $642k (7.02%) from $9.15M to $9.8M.

Destinations In May 2024, Spices were exported mostly to United States ($10.3M), Netherlands ($7.95M), Bangladesh ($7.81M), Vietnam ($6.49M), and United Arab Emirates ($6.02M), and were imported mostly from Georgia ($4.33M), Burma ($2.27M), Iran ($1.59M), India ($590k), and Turkey ($319k).

Growth In May 2024, the increase in Spices's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($2.44M or 83.4%), Hong Kong ($1.9M or 1.13k%), and Saudi Arabia ($1.23M or 94%). In May 2024, the increase in Spices's year-by-year imports was explained primarily by an increase in imports from Iran ($535k or 64.3%), Nigeria ($22.3k or 181%), and Egypt ($8.85k or 63.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$30.4M(66%)
IMPORT GROWTH (May 2023 - May 2024)$642k(7.02%)
MAIN EXPORTER (May 2024)Shandong Province$57.8M
MAIN DESTINATION (May 2024)United States$10.3M

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).

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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%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Spices were:
India $538M
Netherlands $203M
In 2022, China's main importing competitors in Spices were:
United States $364M
Germany $211M
Netherlands $167M

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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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