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2022
Exports $247MWorld Rnk 23 / 180
Flag Rnk 717 / 1216
2022
Destination $5.73M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $5.73MGuatemala
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $4.66BWorld Rnk 1 / 224
Flag Rnk 75 / 1212
2022
Origin $738M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $738MNetherlands
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $247M in Malt Extract, making it the 23rd largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 717th most exported product in China. The main destination of Malt Extract exports from China are: Hong Kong ($55.3M), South Korea ($31.6M), United States ($24.8M), Japan ($14.8M), and Indonesia ($13.9M).

The fastest growing export markets for Malt Extract of China between 2021 and 2022 were Guatemala ($5.73M), Indonesia ($5.52M), and Vietnam ($5.4M).

Imports In 2022, China imported $4.66B in Malt Extract, becoming the 1st largest importer of Malt Extract in the world. At the same year, Malt Extract was the 75th most imported product in China. China imports Malt Extract primarily from: Netherlands ($2.26B), New Zealand ($821M), France ($327M), Ireland ($293M), and Australia ($273M).

The fastest growing import markets in Malt Extract for China between 2021 and 2022 were Netherlands ($738M), New Zealand ($144M), and Hong Kong ($43.5M).

COMPANIES In 2023, leading companies such as IKEA Group (373), Walgreens (61), and Continental Tire (36) were at the forefront of shipping Malt Extract from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Malt Extract exports accounted up to $25.9M and imports accounted up to $420M, resulting in a negative trade balance of $394M. Between September 2023 and September 2024 the exports of China's   Malt Extract have increased by $2.71M (11.7%) from $23.2M to $25.9M, while imports increased by $117M (38.6%) from $303M to $420M.

Destinations In September 2024, Malt Extract were exported mostly to Hong Kong ($14.7M), Macau ($2.96M), United States ($909k), Japan ($849k), and Malaysia ($725k), and were imported mostly from Netherlands ($156M), New Zealand ($146M), Germany ($46.8M), France ($22.7M), and Ireland ($14.7M).

Growth In September 2024, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to Vietnam ($1.16M or 349%), South Korea ($1.1M or 74.9%), and North Korea ($696k or 1.24k%). In September 2024, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from New Zealand ($65.5M or 60.5%), Netherlands ($64.5M or 48.9%), and France ($21.2M or 130%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.71M(11.7%)
IMPORT GROWTH (September 2023 - September 2024)$117M(38.6%)
MAIN EXPORTER (September 2024)Guangdong Province$19.3M
MAIN DESTINATION (September 2024)Hong Kong$14.7M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$247M
IMPORTS (2022)$4.66B
NET TRADE (2022)-$4.41B

In 2022, China exported $247M in Malt Extract. The main destinations of China exports on Malt Extract were Hong Kong ($55.3M), South Korea ($31.6M), United States ($24.8M), Japan ($14.8M), and Indonesia ($13.9M).

In 2022, China imported $4.66B in Malt Extract, mainly from Netherlands ($2.26B), New Zealand ($821M), France ($327M), Ireland ($293M), and Australia ($273M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR China WERE (2021 - 2022):
Guatemala$5.73M (1%)
Indonesia$5.52M (65.7%)
Vietnam$5.4M (96.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY China WERE (2021 - 2022):
Hong Kong-$30M (-35.1%)
Japan-$18.4M (-55.4%)
Nigeria-$12.1M (-92.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, China's main importing competitors in Malt Extract were:
United States $1.39B
Germany $876M

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4M
TOP IMPORT POTENTIALGermany+ $73.1M

Malt Extract’s highest export potential is United States. With an export gap of $17.4M.   Malt Extract’s highest import potential is Germany with an import gap of $73.1M.

See methodology.

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