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2022
Exports $2.44MWorld Rnk 52 / 154
Flag Rnk 1162 / 1216
2022
Destination $686k Germany
2021 - 2022
FASTEST GROWING MARKET $686kGermany
2022
PRODUCT COMPLEXITY IN Coconut Oil-1.71Rnk 972 / 1025
2022
Imports $1.12BWorld Rnk 3 / 212
Flag Rnk 200 / 1212
2022
Origin $102M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $102MPhilippines
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.44M in Coconut Oil, making it the 52nd largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 1162nd most exported product in China. The main destination of Coconut Oil exports from China are: Germany ($720k), United States ($715k), Tanzania ($332k), United Kingdom ($204k), and Australia ($85.5k).

The fastest growing export markets for Coconut Oil of China between 2021 and 2022 were Germany ($686k), United States ($474k), and Tanzania ($332k).

Imports In 2022, China imported $1.12B in Coconut Oil, becoming the 3rd largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 200th most imported product in China. China imports Coconut Oil primarily from: Indonesia ($653M), Malaysia ($280M), Philippines ($182M), Vietnam ($3.59M), and Thailand ($3.04M).

The fastest growing import markets in Coconut Oil for China between 2021 and 2022 were Philippines ($102M), Malaysia ($21.9M), and United Kingdom ($791k).

COMPANIES In 2023, leading companies such as Del Monte Foods (1) were at the forefront of shipping Coconut Oil from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Coconut Oil exports accounted up to $67.3k and imports accounted up to $84.4M, resulting in a negative trade balance of $84.3M. Between August 2023 and September 2024 the exports of China's   Coconut Oil have increased by $67.2k (70k%) from $96 to $67.3k, while imports increased by $26.2M (45.1%) from $58.1M to $84.4M.

Destinations In September 2024, Coconut Oil were exported mostly to , and were imported mostly from Indonesia ($35.3M), Malaysia ($22.3M), Thailand ($17.8M), Philippines ($8.73M), and Vietnam ($152k).

Growth In September 2024, the increase in Coconut Oil's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Coconut Oil's year-by-year imports was explained primarily by an increase in imports from Philippines ($2.43M or 25.4%), Australia ($7.34k or 826%), and Singapore ($633 or 393%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - September 2024)$67.2k(70k%)
IMPORT GROWTH (October 2023 - October 2024)$26.2M(45.1%)
MAIN EXPORTER (September 2024)Jiangsu Province$64.1k
MAIN DESTINATION (September 2024)

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.44M
IMPORTS (2022)$1.12B
NET TRADE (2022)-$1.12B

In 2022, China exported $2.44M in Coconut Oil. The main destinations of China exports on Coconut Oil were Germany ($720k), United States ($715k), Tanzania ($332k), United Kingdom ($204k), and Australia ($85.5k).

In 2022, China imported $1.12B in Coconut Oil, mainly from Indonesia ($653M), Malaysia ($280M), Philippines ($182M), Vietnam ($3.59M), and Thailand ($3.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$686k (2.03k%)
United States$474k (197%)
Tanzania$332k (1.58M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY China WERE (2021 - 2022):
Mongolia-$239k (-77.1%)
Nigeria-$207k (-99.9%)
Kiribati-$111k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Coconut Oil were:
Indonesia $3.41B
Philippines $2.12B
Malaysia $1.64B
In 2022, China's main importing competitors in Coconut Oil were:
United States $1.51B
Netherlands $1.35B

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $904k
TOP IMPORT POTENTIALPhilippines+ $68.8M

Coconut Oil’s highest export potential is United States. With an export gap of $904k.   Coconut Oil’s highest import potential is Philippines with an import gap of $68.8M.

See methodology.

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