Vermouth and other flavoured grape wines - pack < 2l in China 2020 Exports | Imports : $965k | $4.56M, World Rnk 26 / 99 Rnk 4289 / 4593 | World Rnk 21 / 206 Rnk 3269 / 4550
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $272k | $701k, Hong Kong | France
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
Exports In 2020, China exported $965k in Vermouth and other flavoured grape wines - pack < 2l, making it the 26th largest exporter of Vermouth and other flavoured grape wines - pack < 2l in the world. At the same year, Vermouth and other flavoured grape wines - pack < 2l was the 4289th most exported product in China. The main destination of Vermouth and other flavoured grape wines - pack < 2l exports from China are: Burma ($515k), Hong Kong ($311k), Japan ($77k), United States ($32.7k), and Thailand ($13.3k).
The fastest growing export markets for Vermouth and other flavoured grape wines - pack < 2l of China between 2019 and 2020 were Hong Kong ($272k), United States ($32.7k), and Thailand ($13.3k).
Imports In 2020, China imported $4.56M in Vermouth and other flavoured grape wines - pack < 2l, becoming the 21st largest importer of Vermouth and other flavoured grape wines - pack < 2l in the world. At the same year, Vermouth and other flavoured grape wines - pack < 2l was the 3269th most imported product in China. China imports Vermouth and other flavoured grape wines - pack < 2l primarily from: France ($1.13M), Spain ($986k), Italy ($894k), Germany ($578k), and Australia ($484k).
The fastest growing import markets in Vermouth and other flavoured grape wines - pack < 2l for China between 2019 and 2020 were France ($701k), Australia ($308k), and Sweden ($78.6k).
Tariffs In 2018, the average tariff for China in Vermouth and other flavoured grape wines - pack... was 60.8%. The countries with the highest import tariffs for Vermouth and other flavoured grape wines - pack... were Angola (Most Favoured Nation duty rate treatement, 65%), Burundi (Most Favoured Nation duty rate treatement, 65%), Benin (Most Favoured Nation duty rate treatement, 65%), Burkina Faso (Most Favoured Nation duty rate treatement, 65%), and Botswana (Most Favoured Nation duty rate treatement, 65%).
December 2022
Overview In December 2022 China's Vermouth and other flavoured grape wines - pack < 2l exports accounted up to $18.2k and imports accounted up to $341k, resulting in a negative trade balance of $323k. Between October 2021 and December 2022 the exports of China's Vermouth and other flavoured grape wines - pack < 2l have decreased by $-27.1k (-59.8%) from $45.4k to $18.2k, while imports decreased by $-674k (-66.4%) from $1.02M to $341k.
Destinations In December 2022, Vermouth and other flavoured grape wines - pack < 2l were exported mostly to Japan ($18.2k) and Hong Kong ($49), and were imported mostly from Italy ($166k), France ($80.6k), Germany ($59.9k), and Spain ($35k).
Growth In December 2022, the decrease in Vermouth and other flavoured grape wines - pack < 2l's year-by-year exports was explained primarily by a decrease in exports to . In December 2022, the decrease in Vermouth and other flavoured grape wines - pack < 2l's year-by-year imports was explained primarily by a decrease in imports from Spain ($-16k or -30.6%).
EXPORT GROWTH (October 2021 - December 2022): $-27.1k, (-59.8%)
IMPORT GROWTH (December 2021 - December 2022): $-674k, (-66.4%)
MAIN EXPORTER (December 2022): Hebei Province, $18.2k
MAIN DESTINATION (December 2022): Japan, $18.2k
This section shows Vermouth and other flavoured grape wines - pack < 2l'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 Vermouth and other flavoured grape wines - pack < 2l over time.
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The following visualization shows the unit prices for Vermouth and other flavoured grape wines - pack < 2l throughout time. Products without a clear unit are excluded.
Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $965k
IMPORTS (2020): $4.56M
NET TRADE (2020): -$3.59M
In 2020, China exported $965k in Vermouth and other flavoured grape wines - pack < 2l. The main destinations of China exports on Vermouth and other flavoured grape wines - pack < 2l were Burma ($515k), Hong Kong ($311k), Japan ($77k), United States ($32.7k), and Thailand ($13.3k).
In 2020, China imported $4.56M in Vermouth and other flavoured grape wines - pack < 2l, mainly from France ($1.13M), Spain ($986k), Italy ($894k), Germany ($578k), and Australia ($484k).
THE FASTEST GROWING Vermouth and other flavoured grape wines - pack < 2l EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vermouth and other flavoured grape wines - pack < 2l BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Vermouth and other flavoured grape wines - pack < 2l were:
In 2020, China's main importing competitors in Vermouth and other flavoured grape wines - pack < 2l were:
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