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2023
Exports $48.9MWorld Rnk 5 / 133
Flag Rnk 943 / 1215
2023
Destination $413k South Korea
2022 - 2023
FASTEST GROWING MARKET $413kEgypt
2023
PRODUCT COMPLEXITY IN Oil Seed Flower-0.97Rnk 822 / 1025
2023
Imports $20.7MWorld Rnk 13 / 193
Flag Rnk 904 / 1214
2023
Origin $11M Tanzania
2022 - 2023
FASTEST GROWING ORIGIN $11MTanzania
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $48.9M in Oil Seed Flower, making it the 5th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 943rd most exported product in China. The main destination of Oil Seed Flower exports from China are: South Korea ($39.7M), Australia ($1.37M), Cote d'Ivoire ($1.33M), Canada ($1.11M), and Egypt ($668k).

The fastest growing export markets for Oil Seed Flower of China between 2022 and 2023 were Egypt ($413k), Cote d'Ivoire ($346k), and Vietnam ($189k).

Imports In 2023, China imported $20.7M in Oil Seed Flower, becoming the 13th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 904th most imported product in China. China imports Oil Seed Flower primarily from: Tanzania ($11.9M), Canada ($6.57M), United States ($1.88M), Ethiopia ($134k), and Australia ($95.4k).

The fastest growing import markets in Oil Seed Flower for China between 2022 and 2023 were Tanzania ($11M), Canada ($6.04M), and United States ($1.66M).

COMPANIES In 2024, leading companies such as Wismettac Asian Foods (35) were at the forefront of shipping Oil Seed Flower from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Oil Seed Flower exports accounted up to $3.37M and imports accounted up to $165, resulting in a positive trade balance of $3.37M. Between December 2023 and December 2024 the exports of China's   Oil Seed Flower have increased by $351k (11.6%) from $3.02M to $3.37M, while imports decreased by $-1.28k (-88.5%) from $1.44k to $165.

Destinations In December 2024, Oil Seed Flower were exported mostly to South Korea ($3.07M), Hong Kong ($180k), Thailand ($45.3k), France ($29.1k), and Philippines ($25.2k), and were imported mostly from .

Growth In December 2024, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Spain ($34.8k or 93.5%), South Korea ($15.4k or 0.51%), and France ($9.67k or 72.3%). In July 2024, the decrease in Oil Seed Flower's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$351k(11.6%)
IMPORT GROWTH (December 2021 - July 2024)$-1.28k(-88.5%)
MAIN EXPORTER (December 2024)Shandong Province$2.85M
MAIN DESTINATION (December 2024)South Korea$3.07M

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$48.9M
IMPORTS (2023)$20.7M
NET TRADE (2023)$28.2M

In 2023, China exported $48.9M in Oil Seed Flower. The main destinations of China exports on Oil Seed Flower were South Korea ($39.7M), Australia ($1.37M), Cote d'Ivoire ($1.33M), Canada ($1.11M), and Egypt ($668k).

In 2023, China imported $20.7M in Oil Seed Flower, mainly from Tanzania ($11.9M), Canada ($6.57M), United States ($1.88M), Ethiopia ($134k), and Australia ($95.4k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR China WERE (2022 - 2023):
Egypt$413k (162%)
Cote d'Ivoire$346k (35.2%)
Vietnam$189k (2.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY China WERE (2022 - 2023):
South Korea-$12.9M (-24.5%)
Australia-$1.76M (-56.2%)
Canada-$566k (-33.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Oil Seed Flower were:
United States $448M
South Africa $92.3M
Netherlands $90.3M
In 2023, China's main importing competitors in Oil Seed Flower were:
Vietnam $142M
Dominican Republic $98.5M
South Korea $81.9M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $540k
TOP IMPORT POTENTIALUnited States+ $529k

Oil Seed Flower’s highest export potential is Canada. With an export gap of $540k.   Oil Seed Flower’s highest import potential is United States with an import gap of $529k.

See methodology.

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