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2022
Exports $3.22BWorld Rnk 5 / 218
Flag Rnk 213 / 1216
2022
Destination $71.7M United States
2021 - 2022
FASTEST GROWING MARKET $71.7MVietnam
2022
PRODUCT COMPLEXITY IN Other Edible Preparations0.054Rnk 531 / 1025
2022
Imports $2.83BWorld Rnk 2 / 226
Flag Rnk 117 / 1212
2022
Origin $56.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $56.5MGermany
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $3.22B in Other Edible Preparations, making it the 5th largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 213th most exported product in China. The main destination of Other Edible Preparations exports from China are: United States ($516M), Hong Kong ($373M), Vietnam ($142M), Indonesia ($140M), and Japan ($137M).

The fastest growing export markets for Other Edible Preparations of China between 2021 and 2022 were Vietnam ($71.7M), Malaysia ($59.1M), and Indonesia ($54.8M).

Imports In 2022, China imported $2.83B in Other Edible Preparations, becoming the 2nd largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 117th most imported product in China. China imports Other Edible Preparations primarily from: United States ($395M), Australia ($341M), Japan ($304M), Germany ($218M), and Hong Kong ($180M).

The fastest growing import markets in Other Edible Preparations for China between 2021 and 2022 were Germany ($56.5M), United Kingdom ($34.8M), and Hong Kong ($30.6M).

COMPANIES In 2023, leading companies such as Walmart (738), IKEA Group (537), and Amazon (55) were at the forefront of shipping Other Edible Preparations from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Other Edible Preparations exports accounted up to $328M and imports accounted up to $506M, resulting in a negative trade balance of $179M. Between August 2023 and August 2024 the exports of China's   Other Edible Preparations have decreased by $-89.6M (-21.5%) from $417M to $328M, while imports increased by $61.1M (13.7%) from $445M to $506M.

Destinations In August 2024, Other Edible Preparations were exported mostly to United States ($57.6M), Hong Kong ($47.6M), Indonesia ($15M), Philippines ($12.6M), and Netherlands ($12.1M), and were imported mostly from United States ($122M), Germany ($66M), Australia ($62.3M), Hong Kong ($34.4M), and United Kingdom ($24.9M).

Growth In August 2024, the decrease in Other Edible Preparations's year-by-year exports was explained primarily by a decrease in exports to United States ($-20.7M or -36.8%), Australia ($-5.22M or -47.9%), and Burma ($-3.58M or -38.3%). In August 2024, the increase in Other Edible Preparations's year-by-year imports was explained primarily by an increase in imports from Germany ($16.5M or 69.5%), Australia ($14.5M or 38.1%), and New Zealand ($9.12M or 161%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-89.6M(-21.5%)
IMPORT GROWTH (August 2023 - August 2024)$61.1M(13.7%)
MAIN EXPORTER (August 2024)Shandong Province$73.1M
MAIN DESTINATION (August 2024)United States$57.6M

This section shows Other Edible Preparations'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 Other Edible Preparations over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.22B
IMPORTS (2022)$2.83B
NET TRADE (2022)$393M

In 2022, China exported $3.22B in Other Edible Preparations. The main destinations of China exports on Other Edible Preparations were United States ($516M), Hong Kong ($373M), Vietnam ($142M), Indonesia ($140M), and Japan ($137M).

In 2022, China imported $2.83B in Other Edible Preparations, mainly from United States ($395M), Australia ($341M), Japan ($304M), Germany ($218M), and Hong Kong ($180M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$71.7M (102%)
Malaysia$59.1M (75.7%)
Indonesia$54.8M (63.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY China WERE (2021 - 2022):
United Kingdom-$16.4M (-21.7%)
Burma-$14M (-14.5%)
Singapore-$11M (-12%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Other Edible Preparations were:
United States $7.48B
Singapore $6.77B
Germany $4.94B
In 2022, China's main importing competitors in Other Edible Preparations were:
United States $8.4B
Germany $2.64B

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $170M
TOP IMPORT POTENTIALUnited States+ $114M

Other Edible Preparations’s highest export potential is United States. With an export gap of $170M.   Other Edible Preparations’s highest import potential is United States with an import gap of $114M.

See methodology.

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