Ground Nut Oil in   China

Overview In December 2024 China's Ground Nut Oil exports accounted up to $2M and imports accounted up to $34.3M, resulting in a negative trade balance of $32.3M. Between December 2023 and December 2024 the exports of China's   Ground Nut Oil have increased by $81.3k (4.25%) from $1.91M to $2M, while imports decreased by $-2.61M (-7.06%) from $36.9M to $34.3M.

Destinations In December 2024, Ground Nut Oil were exported mostly to Hong Kong ($1.2M), Malaysia ($365k), United States ($248k), Canada ($52.2k), and Russia ($40.9k), and were imported mostly from India ($27.6M), Brazil ($4.62M), Argentina ($1.12M), Vietnam ($803k), and Nicaragua ($72.5k).

Growth In December 2024, the increase in Ground Nut Oil's year-by-year exports was explained primarily by an increase in exports to Malaysia ($296k or 252%), Hong Kong ($224k or 14.3%), and United States ($202k or 633%). In December 2024, the decrease in Ground Nut Oil's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-20.8M or -85.9%), India ($-11.9M or -28.2%), and Argentina ($-6.7M or -65.9%).