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Pricing

2022
Exports | Imports $1.77B | $146MWorld Rnk 1 / 197
Flag Rnk 323 / 1216
World Rnk 16 / 223
Flag Rnk 570 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $28.7M | $4.19MMorocco |  Burma
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Tea-2.02Rnk 999 / 1025

About

Exports In 2022, China exported $1.77B in Tea, making it the 1st largest exporter of Tea in the world. At the same year, Tea was the 323rd most exported product in China. The main destination of Tea exports from China are: Hong Kong ($296M), Morocco ($243M), Malaysia ($154M), Ghana ($105M), and United States ($71.1M).

The fastest growing export markets for Tea of China between 2021 and 2022 were Morocco ($28.7M), Mali ($17.4M), and Kyrgyzstan ($11M).

Imports In 2022, China imported $146M in Tea, becoming the 16th largest importer of Tea in the world. At the same year, Tea was the 570th most imported product in China. China imports Tea primarily from: Sri Lanka ($50.5M), Chinese Taipei ($20.1M), Vietnam ($17.5M), India ($13.6M), and Burundi ($6.76M).

The fastest growing import markets in Tea for China between 2021 and 2022 were Burma ($4.19M), Vietnam ($3.53M), and Burundi ($2.15M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (580), COSTCO WHOLESALE COPRORATION (406), and WAL-MART INC. (402) were at the forefront of shipping Tea from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Tea exports accounted up to $86.7M and imports accounted up to $7.64M, resulting in a positive trade balance of $79.1M. Between February 2023 and February 2024 the exports of China's   Tea have decreased by $-9.31M (-9.7%) from $96M to $86.7M, while imports increased by $116k (1.54%) from $7.52M to $7.64M.

Destinations In February 2024, Tea were exported mostly to Ghana ($15.9M), Morocco ($11M), Uzbekistan ($5.55M), Malaysia ($5.47M), and United States ($5.42M), and were imported mostly from Sri Lanka ($3.61M), India ($1.43M), Kenya ($752k), Poland ($501k), and Taiwan ($274k).

Growth In February 2024, the decrease in Tea's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-43M or -68.5%), Morocco ($-13M or -44.2%), and Malaysia ($-5.24M or -17.8%). In February 2024, the increase in Tea's year-by-year imports was explained primarily by an increase in imports from Burundi ($615k or 234%), Uganda ($168k or 390%), and Singapore ($41k or 87.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-9.31M(-9.7%)
IMPORT GROWTH (February 2023 - February 2024)$116k(1.54%)
MAIN EXPORTER (February 2024)Zhejiang Province$49.7M
MAIN DESTINATION (February 2024)Ghana$15.9M

This section shows Tea'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 Tea over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.77B
IMPORTS (2022)$146M
NET TRADE (2022)$1.62B

In 2022, China exported $1.77B in Tea. The main destinations of China exports on Tea were Hong Kong ($296M), Morocco ($243M), Malaysia ($154M), Ghana ($105M), and United States ($71.1M).

In 2022, China imported $146M in Tea, mainly from Sri Lanka ($50.5M), Chinese Taipei ($20.1M), Vietnam ($17.5M), India ($13.6M), and Burundi ($6.76M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR China WERE (2021 - 2022):
Morocco$28.7M (13.4%)
Mali$17.4M (70.3%)
Kyrgyzstan$11M (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY China WERE (2021 - 2022):
Hong Kong-$158M (-34.7%)
Vietnam-$53.2M (-50.6%)
Malaysia-$27.4M (-15.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Tea were:
Kenya $1.39B
Sri Lanka $1.29B
In 2022, China's main importing competitors in Tea were:
Pakistan $707M
United States $522M
Russia $448M

Explore Visualizations

Trade Value of Tea by Exporters

Keep Exploring

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