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2022
Exports $2.44MWorld Rnk 20 / 106
Flag Rnk 1163 / 1216
2022
Destination $298k France
2021 - 2022
FASTEST GROWING MARKET $298kFrance
2022
PRODUCT COMPLEXITY IN Linseed-0.89Rnk 803 / 1025
2022
Imports $367MWorld Rnk 1 / 184
Flag Rnk 410 / 1212
2022
Origin $69.3M Russia
2021 - 2022
FASTEST GROWING ORIGIN $69.3MKazakhstan
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $2.44M in Linseed, making it the 20th largest exporter of Linseed in the world. At the same year, Linseed was the 1163rd most exported product in China. The main destination of Linseed exports from China are: France ($467k), South Korea ($281k), Germany ($230k), United Kingdom ($193k), and Malaysia ($176k).

The fastest growing export markets for Linseed of China between 2021 and 2022 were France ($298k), South Korea ($228k), and United Kingdom ($175k).

Imports In 2022, China imported $367M in Linseed, becoming the 1st largest importer of Linseed in the world. At the same year, Linseed was the 410th most imported product in China. China imports Linseed primarily from: Russia ($258M), Kazakhstan ($101M), Canada ($6.81M), Mozambique ($1.46M), and Burma ($160k).

The fastest growing import markets in Linseed for China between 2021 and 2022 were Kazakhstan ($69.3M), Russia ($52.4M), and Mozambique ($716k).

Latest Trends

October 2024

About

Overview In October 2024 China's Linseed exports accounted up to $41.6k and imports accounted up to $14.3M, resulting in a negative trade balance of $14.2M. Between October 2023 and October 2024 the exports of China's   Linseed have decreased by $-5.76k (-12.2%) from $47.3k to $41.6k, while imports decreased by $-10.1M (-41.5%) from $24.4M to $14.3M.

Destinations In October 2024, Linseed were exported mostly to Malaysia ($17.1k), Australia ($13.6k), Thailand ($6.45k), and Singapore ($4.42k), and were imported mostly from Russia ($8.67M), Kazakhstan ($3.93M), Canada ($1.69M), and United States ($2.84k).

Growth In October 2024, the decrease in Linseed's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-40.1k or -93.9%) and Malaysia ($-12.1k or -52.9%). In October 2024, the decrease in Linseed's year-by-year imports was explained primarily by a decrease in imports from Russia ($-3.95M or -13.2%) and United States ($-15.5k or -80.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-5.76k(-12.2%)
IMPORT GROWTH (October 2023 - October 2024)$-10.1M(-41.5%)
MAIN EXPORTER (October 2024)Gansu Province$85k
MAIN DESTINATION (October 2024)Malaysia$17.1k

This section shows Linseed'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 Linseed over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.44M
IMPORTS (2022)$367M
NET TRADE (2022)-$365M

In 2022, China exported $2.44M in Linseed. The main destinations of China exports on Linseed were France ($467k), South Korea ($281k), Germany ($230k), United Kingdom ($193k), and Malaysia ($176k).

In 2022, China imported $367M in Linseed, mainly from Russia ($258M), Kazakhstan ($101M), Canada ($6.81M), Mozambique ($1.46M), and Burma ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Linseed EXPORT MARKETS FOR China WERE (2021 - 2022):
France$298k (177%)
South Korea$228k (428%)
United Kingdom$175k (986%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Linseed BY China WERE (2021 - 2022):
Italy-$259k (-77.1%)
New Zealand-$72.8k (-93.7%)
Israel-$56.9k (-41.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Linseed were:
Russia $538M
Kazakhstan $385M
Canada $179M
In 2022, China's main importing competitors in Linseed were:
Belgium $289M
United States $234M

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Trade Value of Linseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $222k
TOP IMPORT POTENTIALKazakhstan+ $11.7M

Linseed’s highest export potential is United States. With an export gap of $222k.   Linseed’s highest import potential is Kazakhstan with an import gap of $11.7M.

See methodology.

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