Malt in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $289M in Malt, making it the 8th largest exporter of Malt in the world. At the same year, Malt was the 691st most exported product in China. The main destination of Malt exports from China are: Thailand ($68.8M), Mexico ($48.8M), Vietnam ($35.6M), Burma ($27.5M), and Chinese Taipei ($23.7M).

The fastest growing export markets for Malt of China between 2021 and 2022 were Thailand ($42.2M), Mexico ($36.5M), and Vietnam ($19.7M).

Imports In 2022, China imported $7.81M in Malt, becoming the 83rd largest importer of Malt in the world. At the same year, Malt was the 1031st most imported product in China. China imports Malt primarily from: Australia ($2.6M), United Kingdom ($2.12M), Germany ($1.89M), Belgium ($627k), and Netherlands ($265k).

The fastest growing import markets in Malt for China between 2021 and 2022 were United Kingdom ($760k), Australia ($297k), and Belgium ($83.5k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (52) and Walong Marketing (6) were at the forefront of shipping Malt from China to the United States.

Latest Trends

July 2024

About

Overview In July 2024 China's Malt exports accounted up to $27.5M and imports accounted up to $1.35M, resulting in a positive trade balance of $26.1M. Between July 2023 and July 2024 the exports of China's Malt have increased by $9.18M (50.2%) from $18.3M to $27.5M, while imports increased by $918k (211%) from $434k to $1.35M.

Destinations In July 2024, Malt were exported mostly to Thailand ($7.63M), Nigeria ($3.73M), Cambodia ($2.88M), Chinese Taipei ($2.63M), and Burma ($2.16M), and were imported mostly from Germany ($646k), Australia ($471k), Belgium ($117k), United Kingdom ($65.1k), and Netherlands ($46.5k).

Growth In July 2024, the increase in Malt's year-by-year exports was explained primarily by an increase in exports to Thailand ($5.43M or 216%), Burma ($4.3M or 1.24k%), and Cambodia ($2.64M or 204%). In July 2024, the increase in Malt's year-by-year imports was explained primarily by an increase in imports from Germany ($114k or 223%), Belgium ($111k or 718%), and United Kingdom ($22.5k or 65.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$9.18M(50.2%)

IMPORT GROWTH (July 2023 - July 2024)$918k(211%)

MAIN EXPORTER (July 2024)Guangdong Province$20.4M

MAIN DESTINATION (July 2024)Thailand$7.63M

This section shows Malt'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 over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$289M

IMPORTS (2022)$7.81M

NET TRADE (2022)$281M

In 2022, China exported $289M in Malt. The main destinations of China exports on Malt were Thailand ($68.8M), Mexico ($48.8M), Vietnam ($35.6M), Burma ($27.5M), and Chinese Taipei ($23.7M).

In 2022, China imported $7.81M in Malt, mainly from Australia ($2.6M), United Kingdom ($2.12M), Germany ($1.89M), Belgium ($627k), and Netherlands ($265k).

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