Tropical Fruits in China 2021 Exports | Imports : $110M | $1.06B, World Rnk 30 / 183 Rnk 836 / 1215 | World Rnk 3 / 217 Rnk 225 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.73M | $134M, Malaysia | Thailand
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Tropical Fruits: -1.71, Rnk 976 / 1029
Exports In 2021, China exported $110M in Tropical Fruits, making it the 30th largest exporter of Tropical Fruits in the world. At the same year, Tropical Fruits was the 836th most exported product in China. The main destination of Tropical Fruits exports from China are: Hong Kong ($35.5M), Vietnam ($24.4M), Russia ($16.9M), Malaysia ($10.5M), and United States ($5.93M).
The fastest growing export markets for Tropical Fruits of China between 2020 and 2021 were Malaysia ($6.73M), Russia ($4.99M), and Hong Kong ($3.52M).
Imports In 2021, China imported $1.06B in Tropical Fruits, becoming the 3rd largest importer of Tropical Fruits in the world. At the same year, Tropical Fruits was the 225th most imported product in China. China imports Tropical Fruits primarily from: Thailand ($532M), Vietnam ($170M), Philippines ($123M), Hong Kong ($75M), and Indonesia ($47.3M).
The fastest growing import markets in Tropical Fruits for China between 2020 and 2021 were Thailand ($134M), Indonesia ($23M), and Vietnam ($17.9M).
Tariffs In 2018, the average tariff for China in Tropical Fruits was 13.4%. The countries with the highest import tariffs for Tropical Fruits were Bangladesh (Most Favoured Nation duty rate treatment, 22.5%), India (Most Favoured Nation duty rate treatment, 22.5%), Sri Lanka (Most Favoured Nation duty rate treatment, 22.5%), Hong Kong (Most Favoured Nation duty rate treatment, 18.1%), and Burkina Faso (Most Favoured Nation duty rate treatment, 16.9%).
March 2023
Overview In March 2023 China's Tropical Fruits exports accounted up to $7.39M and imports accounted up to $71.6M, resulting in a negative trade balance of $64.2M. Between March 2022 and March 2023 the exports of China's Tropical Fruits have increased by $5.52M (295%) from $1.87M to $7.39M, while imports increased by $30.2M (73.1%) from $41.4M to $71.6M.
Destinations In March 2023, Tropical Fruits were exported mostly to Hong Kong ($3.21M), Russia ($1.74M), United States ($1.33M), Vietnam ($584k), and North Korea ($119k), and were imported mostly from Thailand ($21.3M), Philippines ($17.1M), Indonesia ($15.4M), Peru ($8.21M), and Iran ($3.49M).
Growth In March 2023, the increase in Tropical Fruits's year-by-year exports was explained primarily by an increase in exports to United States ($233k or 142%), Slovakia ($9.39k or 72.9%), and Hong Kong ($5.41k or 7.09%). In March 2023, the increase in Tropical Fruits's year-by-year imports was explained primarily by an increase in imports from Vietnam ($12.8M or 27.1k%), Indonesia ($8.37M or 187%), and Philippines ($3.64M or 36.4%).
EXPORT GROWTH (March 2022 - March 2023): $5.52M, (295%)
IMPORT GROWTH (March 2022 - March 2023): $30.2M, (73.1%)
MAIN EXPORTER (March 2023): Hunan Province, $2.04M
MAIN DESTINATION (March 2023): Hong Kong, $3.21M
This section shows Tropical Fruits'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 Tropical Fruits over time.
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EXPORTS (2021): $110M
IMPORTS (2021): $1.06B
NET TRADE (2021): -$950M
In 2021, China exported $110M in Tropical Fruits. The main destinations of China exports on Tropical Fruits were Hong Kong ($35.5M), Vietnam ($24.4M), Russia ($16.9M), Malaysia ($10.5M), and United States ($5.93M).
In 2021, China imported $1.06B in Tropical Fruits, mainly from Thailand ($532M), Vietnam ($170M), Philippines ($123M), Hong Kong ($75M), and Indonesia ($47.3M).
THE FASTEST GROWING Tropical Fruits EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tropical Fruits BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Tropical Fruits were:
In 2021, China's main importing competitors in Tropical Fruits were:
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