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2022
Exports $384MWorld Rnk 1 / 159
Flag Rnk 629 / 1216
2022
Destination $3.44M Philippines
2021 - 2022
FASTEST GROWING MARKET $3.44MIndonesia
2022
PRODUCT COMPLEXITY IN Yeast-0.47Rnk 690 / 1025
2022
Imports $27MWorld Rnk 30 / 222
Flag Rnk 884 / 1212
2022
Origin $1.65M France
2021 - 2022
FASTEST GROWING ORIGIN $1.65MFrance
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $384M in Yeast, making it the 1st largest exporter of Yeast in the world. At the same year, Yeast was the 629th most exported product in China. The main destination of Yeast exports from China are: Philippines ($25.9M), United States ($25.7M), Indonesia ($21M), Nigeria ($20.5M), and India ($19.6M).

The fastest growing export markets for Yeast of China between 2021 and 2022 were Indonesia ($3.44M), Peru ($3.23M), and Algeria ($3.01M).

Imports In 2022, China imported $27M in Yeast, becoming the 30th largest importer of Yeast in the world. At the same year, Yeast was the 884th most imported product in China. China imports Yeast primarily from: France ($6.18M), United States ($5.88M), Brazil ($3.21M), Belgium ($2.02M), and Canada ($1.51M).

The fastest growing import markets in Yeast for China between 2021 and 2022 were France ($1.65M), Netherlands ($751k), and United States ($603k).

COMPANIES In 2023, leading companies such as Mystic Apparel (5), Costco Wholesale (5), and IKEA Group (3) were at the forefront of shipping Yeast from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Yeast exports accounted up to $49.1M and imports accounted up to $3.44M, resulting in a positive trade balance of $45.7M. Between July 2023 and July 2024 the exports of China's   Yeast have increased by $8.16M (19.9%) from $41M to $49.1M, while imports increased by $1.65M (92.5%) from $1.79M to $3.44M.

Destinations In July 2024, Yeast were exported mostly to Nigeria ($4.08M), Sudan ($3.8M), Algeria ($2.8M), India ($2.43M), and Philippines ($2.2M), and were imported mostly from United States ($737k), France ($614k), United Kingdom ($483k), Belgium ($333k), and Mexico ($236k).

Growth In July 2024, the increase in Yeast's year-by-year exports was explained primarily by an increase in exports to Sudan ($1.83M or 177%), Bangladesh ($1.23M or 121%), and United States ($868k or 78.1%). In July 2024, the increase in Yeast's year-by-year imports was explained primarily by an increase in imports from Germany ($9.93k or 154%), Mexico ($9.64k or 38.5k%), and Italy ($3.13k or 16.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$8.16M(19.9%)
IMPORT GROWTH (July 2023 - July 2024)$1.65M(92.5%)
MAIN EXPORTER (July 2024)Hubei Province$21.3M
MAIN DESTINATION (July 2024)Nigeria$4.08M

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$384M
IMPORTS (2022)$27M
NET TRADE (2022)$357M

In 2022, China exported $384M in Yeast. The main destinations of China exports on Yeast were Philippines ($25.9M), United States ($25.7M), Indonesia ($21M), Nigeria ($20.5M), and India ($19.6M).

In 2022, China imported $27M in Yeast, mainly from France ($6.18M), United States ($5.88M), Brazil ($3.21M), Belgium ($2.02M), and Canada ($1.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$3.44M (19.6%)
Peru$3.23M (83.6%)
Algeria$3.01M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY China WERE (2021 - 2022):
Nigeria-$11M (-34.9%)
Ethiopia-$4.53M (-56.4%)
United Kingdom-$4.49M (-64.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Yeast were:
Turkey $259M
France $247M
In 2022, China's main importing competitors in Yeast were:
United States $439M
France $140M
Germany $100M

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Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.1M
TOP IMPORT POTENTIALBrazil+ $1.84M

Yeast’s highest export potential is United States. With an export gap of $12.1M.   Yeast’s highest import potential is Brazil with an import gap of $1.84M.

See methodology.

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