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2022
Exports $2.22BWorld Rnk 1 / 182
Flag Rnk 278 / 1216
2022
Destination $79M United States
2021 - 2022
FASTEST GROWING MARKET $79MMalaysia
2022
PRODUCT COMPLEXITY IN Vegetable Saps-0.98Rnk 834 / 1025
2022
Imports $504MWorld Rnk 3 / 210
Flag Rnk 344 / 1212
2022
Origin $40.7M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $40.7MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.22B in Vegetable Saps, making it the 1st largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 278th most exported product in China. The main destination of Vegetable Saps exports from China are: United States ($399M), Japan ($147M), Russia ($142M), Spain ($133M), and Malaysia ($117M).

The fastest growing export markets for Vegetable Saps of China between 2021 and 2022 were Malaysia ($79M), Russia ($57.5M), and Vietnam ($56.1M).

Imports In 2022, China imported $504M in Vegetable Saps, becoming the 3rd largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 344th most imported product in China. China imports Vegetable Saps primarily from: Indonesia ($88.7M), India ($62M), United States ($49.3M), France ($32.3M), and Spain ($32.1M).

The fastest growing import markets in Vegetable Saps for China between 2021 and 2022 were Indonesia ($40.7M), France ($25.3M), and India ($20.8M).

COMPANIES In 2023, leading companies such as Walong Marketing (9), CrimsonLogic (9), and Walgreens (7) were at the forefront of shipping Vegetable Saps from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Vegetable Saps exports accounted up to $160M and imports accounted up to $21M, resulting in a positive trade balance of $139M. Between September 2023 and September 2024 the exports of China's   Vegetable Saps have decreased by $-18.6M (-10.4%) from $179M to $160M, while imports decreased by $-6.43M (-23.4%) from $27.5M to $21M.

Destinations In September 2024, Vegetable Saps were exported mostly to United States ($31.5M), Japan ($16.5M), Russia ($11.6M), Spain ($10.8M), and Mexico ($7.72M), and were imported mostly from Indonesia ($6.55M), India ($3.41M), France ($2.13M), United States ($1.11M), and Italy ($849k).

Growth In September 2024, the decrease in Vegetable Saps's year-by-year exports was explained primarily by a decrease in exports to United States ($-23.9M or -43.5%), Mexico ($-9.44M or -56.9%), and Malaysia ($-5.93M or -62.7%). In September 2024, the decrease in Vegetable Saps's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-3.33M or -93.6%), Spain ($-1.81M or -67.2%), and India ($-1.77M or -58.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-18.6M(-10.4%)
IMPORT GROWTH (September 2023 - September 2024)$-6.43M(-23.4%)
MAIN EXPORTER (September 2024)Zhejiang Province$29.7M
MAIN DESTINATION (September 2024)United States$31.5M

This section shows Vegetable Saps'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 Vegetable Saps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.22B
IMPORTS (2022)$504M
NET TRADE (2022)$1.71B

In 2022, China exported $2.22B in Vegetable Saps. The main destinations of China exports on Vegetable Saps were United States ($399M), Japan ($147M), Russia ($142M), Spain ($133M), and Malaysia ($117M).

In 2022, China imported $504M in Vegetable Saps, mainly from Indonesia ($88.7M), India ($62M), United States ($49.3M), France ($32.3M), and Spain ($32.1M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$79M (209%)
Russia$57.5M (67.7%)
Vietnam$56.1M (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY China WERE (2021 - 2022):
Hong Kong-$50.8M (-40.7%)
Kazakhstan-$22M (-90%)
Kyrgyzstan-$6.51M (-97.3%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Vegetable Saps were:
India $1.06B
Spain $915M
In 2022, China's main importing competitors in Vegetable Saps were:
United States $1.88B
Germany $727M

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $31.9M
TOP IMPORT POTENTIALIndia+ $62.3M

Vegetable Saps’s highest export potential is India. With an export gap of $31.9M.   Vegetable Saps’s highest import potential is India with an import gap of $62.3M.

See methodology.

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