Other Sugars in China | The Observatory of Economic Complexity

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 SUPPLY AG (161k), WAL-MART INC. (18.2k), and LG ELECTRONICS U.S.A. INC. (712) were at the forefront of shipping Other Sugars from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Other Sugars exports accounted up to $106M and imports accounted up to $47.8M, resulting in a positive trade balance of $58.1M. Between February 2023 and February 2024 the exports of China's Other Sugars have increased by $11.5M (12.2%) from $94.4M to $106M, while imports decreased by $-8.68M (-15.4%) from $56.4M to $47.8M.

Destinations In February 2024, Other Sugars were exported mostly to Indonesia ($19.2M), Philippines ($13.1M), Thailand ($11.6M), Vietnam ($10.2M), and South Korea ($8.85M), and were imported mostly from Thailand ($34.4M), United States ($5.94M), Germany ($1.68M), Malaysia ($1.5M), and Vietnam ($1.08M).

Growth In February 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 ($2.99M or 132%). In February 2024, the decrease in Other Sugars's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-5.08M or -16.5%), Australia ($-1.82M or -68.5%), and Vietnam ($-1.28M or -46%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$11.5M(12.2%)

IMPORT GROWTH (February 2023 - February 2024)$-8.68M(-15.4%)

MAIN EXPORTER (February 2024)Shandong Province$48.4M

MAIN DESTINATION (February 2024)Indonesia$19.2M

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

Trade Value

Growth

Growth (%)

Year

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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