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2022
Exports $17.6MWorld Rnk 38 / 142
Flag Rnk 1045 / 1216
2022
Destination $1.46M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $1.46MIndia
2022
PRODUCT COMPLEXITY IN Alcohol > 80% ABV-0.82Rnk 784 / 1025
2022
Imports $5.25MWorld Rnk 86 / 209
Flag Rnk 1070 / 1212
2022
Origin $337k United States
2021 - 2022
FASTEST GROWING ORIGIN $337kNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $17.6M in Alcohol > 80% ABV, making it the 38th largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 1045th most exported product in China. The main destination of Alcohol > 80% ABV exports from China are: Chinese Taipei ($4.23M), India ($2.81M), United Arab Emirates ($2.08M), Papua New Guinea ($1.4M), and Spain ($1.24M).

The fastest growing export markets for Alcohol > 80% ABV of China between 2021 and 2022 were India ($1.46M), United Arab Emirates ($1.39M), and Papua New Guinea ($720k).

Imports In 2022, China imported $5.25M in Alcohol > 80% ABV, becoming the 86th largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 1070th most imported product in China. China imports Alcohol > 80% ABV primarily from: United States ($1.61M), Germany ($1.41M), Poland ($495k), Netherlands ($358k), and Paraguay ($335k).

The fastest growing import markets in Alcohol > 80% ABV for China between 2021 and 2022 were Netherlands ($337k), Paraguay ($229k), and Germany ($188k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (1) were at the forefront of shipping Alcohol > 80% ABV from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Alcohol > 80% ABV exports accounted up to $1.25M and imports accounted up to $208k, resulting in a positive trade balance of $1.04M. Between August 2023 and August 2024 the exports of China's   Alcohol > 80% ABV have decreased by $-539k (-30.2%) from $1.79M to $1.25M, while imports decreased by $-41.4k (-16.6%) from $249k to $208k.

Destinations In August 2024, Alcohol > 80% ABV were exported mostly to Belgium ($358k), Papua New Guinea ($213k), Chinese Taipei ($143k), Saudi Arabia ($108k), and United States ($67.3k), and were imported mostly from United States ($105k), Germany ($51k), Japan ($19.7k), United Kingdom ($12.8k), and Spain ($6.62k).

Growth In August 2024, the decrease in Alcohol > 80% ABV's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-345k or -69.9%), Macau ($-12.3k or -17.5%), and United States ($-5.74k or -28%). In August 2024, the decrease in Alcohol > 80% ABV's year-by-year imports was explained primarily by a decrease in imports from Germany ($-119k or -67.8%), United Kingdom ($-16.7k or -88.1%), and France ($-3.38k or -97.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-539k(-30.2%)
IMPORT GROWTH (August 2023 - August 2024)$-41.4k(-16.6%)
MAIN EXPORTER (August 2024)Hebei Province$1.17M
MAIN DESTINATION (August 2024)Belgium$358k

This section shows Alcohol > 80% ABV'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 Alcohol > 80% ABV over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.6M
IMPORTS (2022)$5.25M
NET TRADE (2022)$12.4M

In 2022, China exported $17.6M in Alcohol > 80% ABV. The main destinations of China exports on Alcohol > 80% ABV were Chinese Taipei ($4.23M), India ($2.81M), United Arab Emirates ($2.08M), Papua New Guinea ($1.4M), and Spain ($1.24M).

In 2022, China imported $5.25M in Alcohol > 80% ABV, mainly from United States ($1.61M), Germany ($1.41M), Poland ($495k), Netherlands ($358k), and Paraguay ($335k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR China WERE (2021 - 2022):
India$1.46M (108%)
United Arab Emirates$1.39M (201%)
Papua New Guinea$720k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY China WERE (2021 - 2022):
Turkey-$11M (-99.8%)
South Korea-$5.24M (-99.5%)
Chinese Taipei-$2.73M (-39.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Alcohol > 80% ABV were:
United States $4.14B
Brazil $1.8B
Netherlands $1.69B
In 2022, China's main importing competitors in Alcohol > 80% ABV were:
Netherlands $2.53B
Germany $1.64B
Canada $1.52B

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.28M
TOP IMPORT POTENTIALUnited States+ $2.34M

Alcohol > 80% ABV’s highest export potential is India. With an export gap of $3.28M.   Alcohol > 80% ABV’s highest import potential is United States with an import gap of $2.34M.

See methodology.

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