Honey in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $267M in Honey, making it the 2nd largest exporter of Honey in the world. At the same year, Honey was the 704th most exported product in China. The main destination of Honey exports from China are: Japan ($63.4M), United Kingdom ($52.3M), Belgium ($28M), Poland ($24.1M), and Saudi Arabia ($14.4M).

The fastest growing export markets for Honey of China between 2021 and 2022 were Belgium ($10.5M), Saudi Arabia ($8.93M), and United Kingdom ($6.04M).

Imports In 2022, China imported $52.1M in Honey, becoming the 13th largest importer of Honey in the world. At the same year, Honey was the 779th most imported product in China. China imports Honey primarily from: New Zealand ($38M), Australia ($6.09M), Thailand ($1.61M), Germany ($1.34M), and Canada ($972k).

The fastest growing import markets in Honey for China between 2021 and 2022 were Canada ($608k), Hong Kong ($607k), and China ($321k).

COMPANIES In 2023, leading companies such as DEL MONTE FOODS, INC. (63), GLOBAL ETRADE SERVICES INC (8), and EUROMARKET DESIGNS INC (3) were at the forefront of shipping Honey from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Honey exports accounted up to $24.4M and imports accounted up to $3.53M, resulting in a positive trade balance of $20.8M. Between March 2023 and March 2024 the exports of China's Honey have increased by $1.64M (7.2%) from $22.7M to $24.4M, while imports decreased by $-829k (-19%) from $4.35M to $3.53M.

Destinations In March 2024, Honey were exported mostly to Japan ($7.19M), United Kingdom ($5.85M), Belgium ($2.92M), Spain ($1.36M), and Netherlands ($1.01M), and were imported mostly from New Zealand ($1.7M), Australia ($1.09M), Thailand ($161k), France ($151k), and Brazil ($113k).

Growth In March 2024, the increase in Honey's year-by-year exports was explained primarily by an increase in exports to Portugal ($1.21M or 421%), United Kingdom ($773k or 9.75%), and Spain ($703k or 58.9%). In March 2024, the decrease in Honey's year-by-year imports was explained primarily by a decrease in imports from New Zealand ($-3.88M or -43.5%), France ($-115k or -58.8%), and Thailand ($-75.1k or -49.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$1.64M(7.2%)

IMPORT GROWTH (March 2023 - March 2024)$-829k(-19%)

MAIN EXPORTER (March 2024)Anhui Province$8.37M

MAIN DESTINATION (March 2024)Japan$7.19M

This section shows Honey'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 Honey over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$267M

IMPORTS (2022)$52.1M

NET TRADE (2022)$215M

In 2022, China exported $267M in Honey. The main destinations of China exports on Honey were Japan ($63.4M), United Kingdom ($52.3M), Belgium ($28M), Poland ($24.1M), and Saudi Arabia ($14.4M).

In 2022, China imported $52.1M in Honey, mainly from New Zealand ($38M), Australia ($6.09M), Thailand ($1.61M), Germany ($1.34M), and Canada ($972k).

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