2023
Exports
$2.73MWorld Rnk 49 / 151
Flag Rnk 1158 / 1215
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$893MWorld Rnk 2 / 210
Flag Rnk 238 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.73M in Coconut Oil, making it the 49th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 1158th most exported product in China. The main destination of Coconut Oil exports from China are: Nigeria ($1.01M), United Kingdom ($544k), United States ($398k), Saudi Arabia ($145k), and North Korea ($124k).

The fastest growing export markets for Coconut Oil of China between 2022 and 2023 were Nigeria ($1.01M), United Kingdom ($320k), and Saudi Arabia ($133k).

Imports In 2023, China imported $893M in Coconut Oil, becoming the 2nd largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 238th most imported product in China. China imports Coconut Oil primarily from: Indonesia ($629M), Malaysia ($178M), Philippines ($81.6M), Thailand ($3.35M), and Sri Lanka ($670k).

The fastest growing import markets in Coconut Oil for China between 2022 and 2023 were Nigeria ($28.3k), Spain ($16.3k), and Canada ($11.3k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - December 2024)$87.2k(5.06k%)
IMPORT GROWTH (December 2023 - December 2024)$58.3M(68.1%)
MAIN EXPORTER (December 2024)Shandong Province$80.9k
MAIN DESTINATION (December 2024)Bangladesh$80.9k

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 (2023)$2.73M
IMPORTS (2023)$893M
NET TRADE (2023)-$891M

In 2023, China exported $2.73M in Coconut Oil. The main destinations of China exports on Coconut Oil were Nigeria ($1.01M), United Kingdom ($544k), United States ($398k), Saudi Arabia ($145k), and North Korea ($124k).

In 2023, China imported $893M in Coconut Oil, mainly from Indonesia ($629M), Malaysia ($178M), Philippines ($81.6M), Thailand ($3.35M), and Sri Lanka ($670k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR China WERE (2022 - 2023):
Nigeria$1.01M (497k%)
United Kingdom$320k (143%)
Saudi Arabia$133k (1.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY China WERE (2022 - 2023):
Germany-$737k (-91.6%)
Tanzania-$373k (-99.8%)
United States-$318k (-44.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Coconut Oil were:
In 2023, China's main importing competitors in Coconut Oil were:

Explore Visualizations

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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