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Exports In 2022, China exported $25.8M in Animal Extracts, making it the 3rd largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 1015th most exported product in China. The main destination of Animal Extracts exports from China are: Hong Kong ($12.8M), Japan ($6.91M), South Korea ($1.65M), Indonesia ($1.51M), and United States ($781k).

The fastest growing export markets for Animal Extracts of China between 2021 and 2022 were Japan ($251k), Poland ($137k), and South Korea ($128k).

Imports In 2022, China imported $1.89M in Animal Extracts, becoming the 24th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 1137th most imported product in China. China imports Animal Extracts primarily from: Spain ($743k), South Korea ($341k), Norway ($262k), Japan ($151k), and New Zealand ($141k).

The fastest growing import markets in Animal Extracts for China between 2021 and 2022 were Thailand ($59.4k), Norway ($42k), and Japan ($38.8k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$130k(5.32%)
IMPORT GROWTH (January 2023 - September 2024)$256k(2.11k%)
MAIN EXPORTER (November 2024)Fujian Province$2.09M
MAIN DESTINATION (November 2024)Hong Kong$878k

This section shows Animal Extracts'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 Animal Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.8M
IMPORTS (2022)$1.89M
NET TRADE (2022)$23.9M

In 2022, China exported $25.8M in Animal Extracts. The main destinations of China exports on Animal Extracts were Hong Kong ($12.8M), Japan ($6.91M), South Korea ($1.65M), Indonesia ($1.51M), and United States ($781k).

In 2022, China imported $1.89M in Animal Extracts, mainly from Spain ($743k), South Korea ($341k), Norway ($262k), Japan ($151k), and New Zealand ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR China WERE (2021 - 2022):
Japan$251k (3.77%)
Poland$137k (1%)
South Korea$128k (8.43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY China WERE (2021 - 2022):
Estonia-$557k (-70.5%)
Hong Kong-$451k (-3.41%)
Philippines-$70.2k (-19.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Animal Extracts were:
In 2022, China's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $703k
TOP IMPORT POTENTIALThailand+ $108k

Animal Extracts’s highest export potential is United States. With an export gap of $703k.   Animal Extracts’s highest import potential is Thailand with an import gap of $108k.

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