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Pricing

2022
Exports $588MWorld Rnk 1 / 164
Flag Rnk 946 / 4606
2022
Destination $17.8M Japan
2021 - 2022
FASTEST GROWING MARKET $17.8MIndonesia
2022
Imports $8.28MWorld Rnk 53 / 222
Flag Rnk 2888 / 4539
2022
Origin $1M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $1MThailand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $588M in Ground-nuts, prepared or preserved, making it the 1st largest exporter of Ground-nuts, prepared or preserved in the world. At the same year, Ground-nuts, prepared or preserved was the 946th most exported product in China. The main destination of Ground-nuts, prepared or preserved exports from China are: Japan ($97.2M), Indonesia ($84.5M), Philippines ($58.6M), South Korea ($58M), and Netherlands ($26.7M).

The fastest growing export markets for Ground-nuts, prepared or preserved of China between 2021 and 2022 were Indonesia ($17.8M), Philippines ($11.9M), and Thailand ($7.17M).

Imports In 2022, China imported $8.28M in Ground-nuts, prepared or preserved, becoming the 53rd largest importer of Ground-nuts, prepared or preserved in the world. At the same year, Ground-nuts, prepared or preserved was the 2888th most imported product in China. China imports Ground-nuts, prepared or preserved primarily from: New Zealand ($2.68M), Thailand ($2.64M), United States ($875k), Australia ($866k), and Vietnam ($370k).

The fastest growing import markets in Ground-nuts, prepared or preserved for China between 2021 and 2022 were Thailand ($1M), Australia ($815k), and New Zealand ($310k).

COMPANIES In 2023, leading companies such as CrimsonLogic (98.6k), IKEA Group (48.7k), and Itourscm (19.1k) were at the forefront of shipping Ground-nuts, prepared or preserved from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Ground-nuts, prepared or preserved exports accounted up to $46M and imports accounted up to $368k, resulting in a positive trade balance of $45.6M. Between July 2023 and July 2024 the exports of China's   Ground-nuts, prepared or preserved have increased by $349k (0.77%) from $45.6M to $46M, while imports decreased by $-693k (-65.3%) from $1.06M to $368k.

Destinations In July 2024, Ground-nuts, prepared or preserved were exported mostly to Japan ($7.3M), Philippines ($5.04M), South Korea ($3.92M), Iran ($3.62M), and Russia ($3.5M), and were imported mostly from Thailand ($121k), New Zealand ($91.2k), United States ($72.9k), Australia ($56k), and Japan ($14k).

Growth In July 2024, the increase in Ground-nuts, prepared or preserved's year-by-year exports was explained primarily by an increase in exports to Iran ($2.4M or 387%), Thailand ($1.54M or 68.8%), and United Arab Emirates ($1.37M or 144%). In July 2024, the decrease in Ground-nuts, prepared or preserved's year-by-year imports was explained primarily by a decrease in imports from New Zealand ($-149k or -49.5%), United States ($-119k or -72.9%), and South Korea ($-4.66k or -72.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$349k(0.77%)
IMPORT GROWTH (July 2023 - July 2024)$-693k(-65.3%)
MAIN EXPORTER (July 2024)Shandong Province$72.6M
MAIN DESTINATION (July 2024)Japan$7.3M

This section shows Ground-nuts, prepared or preserved'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 Ground-nuts, prepared or preserved over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Ground-nuts, prepared or preserved throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$588M
IMPORTS (2022)$8.28M
NET TRADE (2022)$579M

In 2022, China exported $588M in Ground-nuts, prepared or preserved. The main destinations of China exports on Ground-nuts, prepared or preserved were Japan ($97.2M), Indonesia ($84.5M), Philippines ($58.6M), South Korea ($58M), and Netherlands ($26.7M).

In 2022, China imported $8.28M in Ground-nuts, prepared or preserved, mainly from New Zealand ($2.68M), Thailand ($2.64M), United States ($875k), Australia ($866k), and Vietnam ($370k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground-nuts, prepared or preserved EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$17.8M (26.8%)
Philippines$11.9M (25.6%)
Thailand$7.17M (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground-nuts, prepared or preserved BY China WERE (2021 - 2022):
Japan-$13.3M (-12%)
Netherlands-$9.45M (-26.1%)
Canada-$4.53M (-37.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Ground-nuts, prepared or preserved were:
Netherlands $308M
United States $217M
In 2022, China's main importing competitors in Ground-nuts, prepared or preserved were:
United States $145M
France $139M
Germany $122M

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Trade Value of Ground-nuts, prepared or preserved by Exporters

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