2022
Exports
$693MWorld Rnk 16 / 210
Flag Rnk 522 / 1216
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$982MWorld Rnk 9 / 226
Flag Rnk 228 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $693M in Baked Goods, making it the 16th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 522nd most exported product in China. The main destination of Baked Goods exports from China are: Hong Kong ($124M), Japan ($102M), Vietnam ($57M), United States ($42M), and Malaysia ($37.5M).

The fastest growing export markets for Baked Goods of China between 2021 and 2022 were Hong Kong ($11.4M), Vietnam ($10.3M), and Malaysia ($10.2M).

Imports In 2022, China imported $982M in Baked Goods, becoming the 9th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 228th most imported product in China. China imports Baked Goods primarily from: Hong Kong ($323M), Indonesia ($237M), Japan ($62.1M), Malaysia ($45.2M), and Vietnam ($33.4M).

The fastest growing import markets in Baked Goods for China between 2021 and 2022 were Hong Kong ($32.3M), Indonesia ($2.78M), and Italy ($1.87M).

COMPANIES In 2023, leading companies such as Conair (24), Walong Marketing (19), and 99 Cents Only Stores (19) were at the forefront of shipping Baked Goods from China to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$12.8M(18.5%)
IMPORT GROWTH (August 2023 - August 2024)$-1.69M(-0.69%)
MAIN EXPORTER (August 2024)Guangdong Province$31.5M
MAIN DESTINATION (August 2024)Hong Kong$13.3M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$693M
IMPORTS (2022)$982M
NET TRADE (2022)-$288M

In 2022, China exported $693M in Baked Goods. The main destinations of China exports on Baked Goods were Hong Kong ($124M), Japan ($102M), Vietnam ($57M), United States ($42M), and Malaysia ($37.5M).

In 2022, China imported $982M in Baked Goods, mainly from Hong Kong ($323M), Indonesia ($237M), Japan ($62.1M), Malaysia ($45.2M), and Vietnam ($33.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR China WERE (2021 - 2022):
Hong Kong$11.4M (10.1%)
Vietnam$10.3M (22.1%)
Malaysia$10.2M (37.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY China WERE (2021 - 2022):
Philippines-$9.28M (-20.4%)
South Korea-$2.14M (-5.74%)
Russia-$1.99M (-29.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, China's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.1M
TOP IMPORT POTENTIALGermany+ $31.8M

Baked Goods’s highest export potential is United States. With an export gap of $76.1M.   Baked Goods’s highest import potential is Germany with an import gap of $31.8M.

See methodology.

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