2022
Exports
$20.2MWorld Rnk 36 / 152
Flag Rnk 1036 / 1216
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$49.4MWorld Rnk 29 / 219
Flag Rnk 787 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $20.2M in Fermented Milk Products, making it the 36th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 1036th most exported product in China. The main destination of Fermented Milk Products exports from China are: Hong Kong ($8.58M), Vietnam ($5.26M), Singapore ($2.42M), Macau ($956k), and Burma ($529k).

The fastest growing export markets for Fermented Milk Products of China between 2021 and 2022 were Vietnam ($1.85M), Hong Kong ($1.69M), and Burma ($325k).

Imports In 2022, China imported $49.4M in Fermented Milk Products, becoming the 29th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 787th most imported product in China. China imports Fermented Milk Products primarily from: Germany ($20.3M), France ($9.53M), New Zealand ($5.9M), Thailand ($2.89M), and Italy ($2.05M).

The fastest growing import markets in Fermented Milk Products for China between 2021 and 2022 were France ($1.49M), Kazakhstan ($25.3k), and Belgium ($10.1k).

COMPANIES In 2023, leading companies such as Conair (20), Walong Marketing (13), and IKEA Group (7) were at the forefront of shipping Fermented Milk Products from China to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$877k(83.6%)
IMPORT GROWTH (July 2023 - July 2024)$-1.83M(-35.4%)
MAIN EXPORTER (July 2024)Inner Mongolia Autonomous Region$861k
MAIN DESTINATION (July 2024)Hong Kong$1.06M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.2M
IMPORTS (2022)$49.4M
NET TRADE (2022)-$29.2M

In 2022, China exported $20.2M in Fermented Milk Products. The main destinations of China exports on Fermented Milk Products were Hong Kong ($8.58M), Vietnam ($5.26M), Singapore ($2.42M), Macau ($956k), and Burma ($529k).

In 2022, China imported $49.4M in Fermented Milk Products, mainly from Germany ($20.3M), France ($9.53M), New Zealand ($5.9M), Thailand ($2.89M), and Italy ($2.05M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$1.85M (54.1%)
Hong Kong$1.69M (24.5%)
Burma$325k (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY China WERE (2021 - 2022):
Singapore-$412k (-14.5%)
Egypt-$325k (-100%)
Nigeria-$179k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Fermented Milk Products were:
In 2022, China's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $714k
TOP IMPORT POTENTIALGermany+ $4.11M

Fermented Milk Products’s highest export potential is United States. With an export gap of $714k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $4.11M.

See methodology.

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