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2022
Exports $1.11BWorld Rnk 2 / 177
Flag Rnk 414 / 1216
2022
Destination $52.8M Philippines
2021 - 2022
FASTEST GROWING MARKET $52.8MVietnam
2022
PRODUCT COMPLEXITY IN Other Sugars-0.11Rnk 587 / 1025
2022
Imports $711MWorld Rnk 4 / 221
Flag Rnk 285 / 1212
2022
Origin $174M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $174MThailand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.11B in Other Sugars, making it the 2nd largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 414th most exported product in China. The main destination of Other Sugars exports from China are: Philippines ($147M), Indonesia ($132M), Vietnam ($120M), South Korea ($78.4M), and Thailand ($76.6M).

The fastest growing export markets for Other Sugars of China between 2021 and 2022 were Vietnam ($52.8M), United States ($32.2M), and Indonesia ($28.9M).

Imports In 2022, China imported $711M in Other Sugars, becoming the 4th largest importer of Other Sugars in the world. At the same year, Other Sugars was the 285th most imported product in China. China imports Other Sugars primarily from: Thailand ($381M), United States ($152M), Vietnam ($49.3M), Malaysia ($23M), and Germany ($21.5M).

The fastest growing import markets in Other Sugars for China between 2021 and 2022 were Thailand ($174M), United States ($44.1M), and Vietnam ($16.1M).

COMPANIES In 2023, leading companies such as IKEA Group (2.18k), Walmart (197), and Cooper Lighting Solutions (45) were at the forefront of shipping Other Sugars from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Other Sugars exports accounted up to $129M and imports accounted up to $131M, resulting in a negative trade balance of $1.61M. Between October 2023 and October 2024 the exports of China's   Other Sugars have increased by $14.4M (12.5%) from $115M to $129M, while imports increased by $15.1M (13.1%) from $116M to $131M.

Destinations In October 2024, Other Sugars were exported mostly to Vietnam ($14.9M), Indonesia ($14.8M), Philippines ($13.3M), South Korea ($12M), and Thailand ($9.95M), and were imported mostly from Thailand ($101M), Vietnam ($10.9M), United States ($8.81M), Germany ($3.48M), and Malaysia ($1.27M).

Growth In October 2024, the increase in Other Sugars's year-by-year exports was explained primarily by an increase in exports to Vietnam ($3.57M or 56.7%), United States ($3.45M or 93.2%), and Mexico ($2.99M or 132%). In October 2024, the increase in Other Sugars's year-by-year imports was explained primarily by an increase in imports from United States ($3.14M or 37.7%), Germany ($1.29M or 136%), and Austria ($1.13M or 21k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$14.4M(12.5%)
IMPORT GROWTH (October 2023 - October 2024)$15.1M(13.1%)
MAIN EXPORTER (October 2024)Shandong Province$49.2M
MAIN DESTINATION (October 2024)Vietnam$14.9M

This section shows Other Sugars'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 Sugars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.11B
IMPORTS (2022)$711M
NET TRADE (2022)$395M

In 2022, China exported $1.11B in Other Sugars. The main destinations of China exports on Other Sugars were Philippines ($147M), Indonesia ($132M), Vietnam ($120M), South Korea ($78.4M), and Thailand ($76.6M).

In 2022, China imported $711M in Other Sugars, mainly from Thailand ($381M), United States ($152M), Vietnam ($49.3M), Malaysia ($23M), and Germany ($21.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$52.8M (78.3%)
United States$32.2M (153%)
Indonesia$28.9M (28.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY China WERE (2021 - 2022):
Nigeria-$2.09M (-17.3%)
Papua New Guinea-$1.47M (-43.1%)
Canada-$1.29M (-11.4%)
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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 Sugars were:
United States $1.62B
France $992M
In 2022, China's main importing competitors in Other Sugars were:
United States $909M
Germany $737M
Mexico $711M

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30M
TOP IMPORT POTENTIALUnited States+ $23.3M

Other Sugars’s highest export potential is United States. With an export gap of $30M.   Other Sugars’s highest import potential is United States with an import gap of $23.3M.

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