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2022
Exports $38.3BWorld Rnk 6 / 226
Flag Rnk 14 / 21
2022
Destination $525M Japan
2021 - 2022
FASTEST GROWING MARKET $525MMalaysia
2022
PRODUCT COMPLEXITY IN Foodstuffs0.45Rnk 385 / 1025
2022
Imports $31.9BWorld Rnk 6 / 226
Flag Rnk 11 / 21
2022
Origin $851M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $851MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $38.3B in Foodstuffs, making it the 6th largest exporter of Foodstuffs in the world. At the same year, Foodstuffs was the 14th most exported product in China. The main destination of Foodstuffs exports from China are: Japan ($5.56B), Hong Kong ($4B), United States ($3.41B), South Korea ($2.53B), and Malaysia ($2.36B).

The fastest growing export markets for Foodstuffs of China between 2021 and 2022 were Malaysia ($525M), Hong Kong ($417M), and Vietnam ($264M).

Imports In 2022, China imported $31.9B in Foodstuffs, becoming the 6th largest importer of Foodstuffs in the world. At the same year, Foodstuffs was the 11th most imported product in China. China imports Foodstuffs primarily from: Netherlands ($2.8B), Brazil ($2.34B), United States ($2.11B), France ($2B), and Indonesia ($1.92B).

The fastest growing import markets in Foodstuffs for China between 2021 and 2022 were Indonesia ($851M), Netherlands ($766M), and Brazil ($543M).

COMPANIES In 2023, leading companies such as IKEA Group (5.34k), Walmart (1.4k), and Walong Marketing (590) were at the forefront of shipping Foodstuffs from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Foodstuffs exports accounted up to $4.39B and imports accounted up to $3.15B, resulting in a positive trade balance of $1.24B. Between October 2023 and October 2024 the exports of China's   Foodstuffs have increased by $450M (11.4%) from $3.94B to $4.39B, while imports decreased by $-281M (-8.21%) from $3.43B to $3.15B.

Destinations In October 2024, Foodstuffs were exported mostly to United States ($601M), Japan ($449M), Hong Kong ($332M), South Korea ($271M), and Malaysia ($242M), and were imported mostly from United States ($323M), Brazil ($285M), France ($204M), Thailand ($200M), and Germany ($190M).

Growth In October 2024, the increase in Foodstuffs's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($31.6M or 29%), North Korea ($20.4M or 411%), and Iraq ($20.2M or 315%). In October 2024, the decrease in Foodstuffs's year-by-year imports was explained primarily by a decrease in imports from Ukraine ($-30.5M or -34.3%), Zimbabwe ($-28.9M or -85%), and Vietnam ($-26.8M or -30.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$450M(11.4%)
IMPORT GROWTH (October 2023 - October 2024)$-281M(-8.21%)
MAIN EXPORTER (October 2024)Guangdong Province$1.31B
MAIN DESTINATION (October 2024)United States$601M

This section shows Foodstuffs'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 Foodstuffs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.3B
IMPORTS (2022)$31.9B
NET TRADE (2022)$6.43B

In 2022, China exported $38.3B in Foodstuffs. The main destinations of China exports on Foodstuffs were Japan ($5.56B), Hong Kong ($4B), United States ($3.41B), South Korea ($2.53B), and Malaysia ($2.36B).

In 2022, China imported $31.9B in Foodstuffs, mainly from Netherlands ($2.8B), Brazil ($2.34B), United States ($2.11B), France ($2B), and Indonesia ($1.92B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Foodstuffs EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$525M (28.6%)
Hong Kong$417M (11.6%)
Vietnam$264M (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Foodstuffs BY China WERE (2021 - 2022):
Ukraine-$78.5M (-47.6%)
Mexico-$49.7M (-6.48%)
Nigeria-$43.8M (-17.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Foodstuffs were:
United States $55.1B
Germany $50.4B
Netherlands $44.5B
In 2022, China's main importing competitors in Foodstuffs were:
United States $97.3B
Germany $45.3B
United Kingdom $36.3B

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Trade Value of Foodstuffs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.13B
TOP IMPORT POTENTIALVietnam+ $422M

Foodstuffs’s highest export potential is United States. With an export gap of $1.13B.   Foodstuffs’s highest import potential is Vietnam with an import gap of $422M.

See methodology.

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