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Pricing

2022
Exports $727MWorld Rnk 3 / 180
Flag Rnk 510 / 1216
2022
Destination $24.5M Spain
2021 - 2022
FASTEST GROWING MARKET $24.5MMalaysia
2022
PRODUCT COMPLEXITY IN Pepper-1.94Rnk 994 / 1025
2022
Imports $400MWorld Rnk 2 / 221
Flag Rnk 393 / 1212
2022
Origin $2.74MN/A
2021 - 2022
FASTEST GROWING ORIGIN $2.74MIndonesia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $727M in Pepper, making it the 3rd largest exporter of Pepper in the world. At the same year, Pepper was the 510th most exported product in China. The main destination of Pepper exports from China are: Spain ($122M), United States ($89.5M), Malaysia ($86M), Mexico ($64.1M), and Japan ($59.1M).

The fastest growing export markets for Pepper of China between 2021 and 2022 were Malaysia ($24.5M), United States ($12.8M), and Hong Kong ($11.7M).

Imports In 2022, China imported $400M in Pepper, becoming the 2nd largest importer of Pepper in the world. At the same year, Pepper was the 393rd most imported product in China. China imports Pepper primarily from: N/A.

The fastest growing import markets in Pepper for China between 2021 and 2022 were Indonesia ($2.74M), Rwanda ($393k), and Austria ($316k).

COMPANIES In 2023, leading companies such as CrimsonLogic (6), Euromarket Designs (1), and Jo-Ann Stores (1) were at the forefront of shipping Pepper from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Pepper exports accounted up to $66M and imports accounted up to $29.4M, resulting in a positive trade balance of $36.6M. Between October 2023 and October 2024 the exports of China's   Pepper have increased by $10.6M (19.2%) from $55.4M to $66M, while imports increased by $3.75M (14.6%) from $25.7M to $29.4M.

Destinations In October 2024, Pepper were exported mostly to Mexico ($7.82M), United States ($7.79M), Spain ($6.25M), South Korea ($5.64M), and Malaysia ($5.32M), and were imported mostly from India ($23.3M), Indonesia ($2.57M), Vietnam ($1.46M), Malaysia ($881k), and Burma ($777k).

Growth In October 2024, the increase in Pepper's year-by-year exports was explained primarily by an increase in exports to Malaysia ($4.16M or 77.7%), Hong Kong ($4.06M or 1.83k%), and Mexico ($1.31M or 24.4%). In October 2024, the increase in Pepper's year-by-year imports was explained primarily by an increase in imports from Rwanda ($67.8k or 2.22k%) and Italy ($7.54k or 8.68%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$10.6M(19.2%)
IMPORT GROWTH (October 2023 - October 2024)$3.75M(14.6%)
MAIN EXPORTER (October 2024)Shandong Province$70.3M
MAIN DESTINATION (October 2024)Mexico$7.82M

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 (2022)$727M
IMPORTS (2022)$400M
NET TRADE (2022)$328M

In 2022, China exported $727M in Pepper. The main destinations of China exports on Pepper were Spain ($122M), United States ($89.5M), Malaysia ($86M), Mexico ($64.1M), and Japan ($59.1M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR China WERE (2021 - 2022):
Malaysia$24.5M (39.9%)
United States$12.8M (16.6%)
Hong Kong$11.7M (464%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY China WERE (2021 - 2022):
Germany-$5.65M (-15.6%)
Mexico-$4.63M (-6.74%)
Austria-$3.68M (-83.8%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Pepper were:
India $1.21B
Vietnam $1.02B
In 2022, China's main importing competitors in Pepper were:
United States $887M
Thailand $243M

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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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