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2023
Exports $1.49BWorld Rnk 4 / 192
Flag Rnk 342 / 1215
2023
Destination $50.5M United States
2022 - 2023
FASTEST GROWING MARKET $50.5MRussia
2023
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery0.71Rnk 278 / 1025
2023
Imports $354MWorld Rnk 11 / 219
Flag Rnk 398 / 1214
2023
Origin $6.79M Germany
2022 - 2023
FASTEST GROWING ORIGIN $6.79MUnited Kingdom
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.49B in Industrial Food Preperation Machinery, making it the 4th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 342nd most exported product in China. The main destination of Industrial Food Preperation Machinery exports from China are: United States ($135M), Indonesia ($93.3M), India ($92.6M), Russia ($92.1M), and Vietnam ($61.3M).

The fastest growing export markets for Industrial Food Preperation Machinery of China between 2022 and 2023 were Russia ($50.5M), India ($35.7M), and Burma ($17.9M).

Imports In 2023, China imported $354M in Industrial Food Preperation Machinery, becoming the 11th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 398th most imported product in China. China imports Industrial Food Preperation Machinery primarily from: Germany ($65.7M), Netherlands ($61.7M), Italy ($48.9M), Japan ($36.2M), and United States ($29.2M).

The fastest growing import markets in Industrial Food Preperation Machinery for China between 2022 and 2023 were United Kingdom ($6.79M), Slovakia ($4.8M), and Italy ($4.38M).

COMPANIES In 2024, leading companies such as Conair (12), Walgreens (4), and Wismettac Asian Foods (4) were at the forefront of shipping Industrial Food Preperation Machinery from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Industrial Food Preperation Machinery exports accounted up to $196M and imports accounted up to $33.7M, resulting in a positive trade balance of $162M. Between December 2023 and December 2024 the exports of China's   Industrial Food Preperation Machinery have increased by $44.4M (29.3%) from $152M to $196M, while imports increased by $8.7M (34.7%) from $25M to $33.7M.

Destinations In December 2024, Industrial Food Preperation Machinery were exported mostly to United States ($19.2M), Russia ($14.7M), Indonesia ($10.7M), Thailand ($10.2M), and Vietnam ($9.37M), and were imported mostly from Italy ($6.52M), Netherlands ($5.45M), Germany ($5.05M), United States ($4.95M), and Japan ($3.43M).

Growth In December 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Sri Lanka ($4.47M or 1.56k%), Thailand ($3.16M or 107%), and Kazakhstan ($2.91M or 392%). In December 2024, the increase in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by an increase in imports from Denmark ($5.51M or 261%), Italy ($1.65M or 67.4%), and Japan ($1.57M or 108%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$44.4M(29.3%)
IMPORT GROWTH (December 2023 - December 2024)$8.7M(34.7%)
MAIN EXPORTER (December 2024)Guangdong Province$44.2M
MAIN DESTINATION (December 2024)United States$19.2M

This section shows Industrial Food Preperation Machinery'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 Industrial Food Preperation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.49B
IMPORTS (2023)$354M
NET TRADE (2023)$1.14B

In 2023, China exported $1.49B in Industrial Food Preperation Machinery. The main destinations of China exports on Industrial Food Preperation Machinery were United States ($135M), Indonesia ($93.3M), India ($92.6M), Russia ($92.1M), and Vietnam ($61.3M).

In 2023, China imported $354M in Industrial Food Preperation Machinery, mainly from Germany ($65.7M), Netherlands ($61.7M), Italy ($48.9M), Japan ($36.2M), and United States ($29.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$50.5M (121%)
India$35.7M (62.7%)
Burma$17.9M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY China WERE (2022 - 2023):
United States-$35.9M (-21%)
Nigeria-$23.7M (-52.6%)
Ecuador-$18.3M (-47.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Industrial Food Preperation Machinery were:
Germany $2.86B
Italy $2.24B
Netherlands $1.92B
In 2023, China's main importing competitors in Industrial Food Preperation Machinery were:
United States $2.32B
Russia $643M
Canada $579M

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $57.7M
TOP IMPORT POTENTIALGermany+ $22.8M

Industrial Food Preperation Machinery’s highest export potential is United States. With an export gap of $57.7M.   Industrial Food Preperation Machinery’s highest import potential is Germany with an import gap of $22.8M.

See methodology.

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