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2023
Exports $857MWorld Rnk 2 / 183
Flag Rnk 456 / 1215
2023
Destination $50.5M Spain
2022 - 2023
FASTEST GROWING MARKET $50.5MSouth Korea
2023
PRODUCT COMPLEXITY IN Pepper-1.84Rnk 984 / 1025
2023
Imports $439MWorld Rnk 2 / 220
Flag Rnk 360 / 1214
2023
Origin $64.6M India
2022 - 2023
FASTEST GROWING ORIGIN $64.6MIndia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $857M in Pepper, making it the 2nd largest exporter of Pepper in the world. At the same year, Pepper was the 456th most exported product in China. The main destination of Pepper exports from China are: Spain ($109M), United States ($108M), Mexico ($88M), Malaysia ($82M), and South Korea ($70.2M).

The fastest growing export markets for Pepper of China between 2022 and 2023 were South Korea ($50.5M), Mexico ($30.9M), and Hong Kong ($10.8M).

Imports In 2023, China imported $439M in Pepper, becoming the 2nd largest importer of Pepper in the world. At the same year, Pepper was the 360th most imported product in China. China imports Pepper primarily from: India ($390M), Vietnam ($20M), Indonesia ($17.6M), Brazil ($3.24M), and Malaysia ($2.61M).

The fastest growing import markets in Pepper for China between 2022 and 2023 were India ($64.6M), Malaysia ($1.48M), and Brazil ($1.2M).

COMPANIES In 2024, leading companies such as Dollarama (4), Walong Marketing (2), and Euromarket Designs (2) were at the forefront of shipping Pepper from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Pepper exports accounted up to $98.7M and imports accounted up to $29.5M, resulting in a positive trade balance of $69.2M. Between December 2023 and December 2024 the exports of China's   Pepper have increased by $1.96M (2.02%) from $96.8M to $98.7M, while imports increased by $13.8M (87.8%) from $15.7M to $29.5M.

Destinations In December 2024, Pepper were exported mostly to Spain ($21.8M), United States ($11M), Malaysia ($6.73M), South Korea ($6.61M), and Germany ($6.17M), and were imported mostly from India ($24.7M), Vietnam ($2.36M), Indonesia ($1.86M), Pakistan ($158k), and Italy ($130k).

Growth In December 2024, the increase in Pepper's year-by-year exports was explained primarily by an increase in exports to South Korea ($4.7M or 205%), Thailand ($2.39M or 79.1%), and United States ($2.23M or 30.3%). In December 2024, the increase in Pepper's year-by-year imports was explained primarily by an increase in imports from India ($4.76M or 22.5%), Vietnam ($446k or 82.5%), and Italy ($4.61k or 4.89%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$1.96M(2.02%)
IMPORT GROWTH (December 2023 - December 2024)$13.8M(87.8%)
MAIN EXPORTER (December 2024)Shandong Province$70.3M
MAIN DESTINATION (December 2024)Spain$21.8M

This section shows Pepper'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 Pepper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$857M
IMPORTS (2023)$439M
NET TRADE (2023)$418M

In 2023, China exported $857M in Pepper. The main destinations of China exports on Pepper were Spain ($109M), United States ($108M), Mexico ($88M), Malaysia ($82M), and South Korea ($70.2M).

In 2023, China imported $439M in Pepper, mainly from India ($390M), Vietnam ($20M), Indonesia ($17.6M), Brazil ($3.24M), and Malaysia ($2.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR China WERE (2022 - 2023):
South Korea$50.5M (256%)
Mexico$30.9M (54.2%)
Hong Kong$10.8M (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY China WERE (2022 - 2023):
Germany-$10.7M (-23.3%)
Israel-$9.81M (-50.8%)
Nigeria-$1.36M (-39.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Pepper were:
India $1.42B
Vietnam $794M
In 2023, China's main importing competitors in Pepper were:
United States $884M
Thailand $260M

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Trade Value of Pepper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.3M
TOP IMPORT POTENTIALIndia+ $71.2M

Pepper’s highest export potential is United States. With an export gap of $17.3M.   Pepper’s highest import potential is India with an import gap of $71.2M.

See methodology.

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