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2023
Exports $444MWorld Rnk 1 / 149
Flag Rnk 590 / 1215
2023
Destination $50M Vietnam
2022 - 2023
FASTEST GROWING MARKET $50MVietnam
2023
PRODUCT COMPLEXITY IN Root Vegetables-0.65Rnk 746 / 1025
2023
Imports $134kWorld Rnk 139 / 210
Flag Rnk 1197 / 1214
2023
Origin $11.2k Hong Kong
2022 - 2023
FASTEST GROWING ORIGIN $11.2kTurkey
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $444M in Root Vegetables, making it the 1st largest exporter of Root Vegetables in the world. At the same year, Root Vegetables was the 590th most exported product in China. The main destination of Root Vegetables exports from China are: Vietnam ($118M), South Korea ($68.4M), Thailand ($59.6M), Japan ($49.6M), and Malaysia ($30.7M).

The fastest growing export markets for Root Vegetables of China between 2022 and 2023 were Vietnam ($50M), Chinese Taipei ($2.66M), and United Arab Emirates ($2.45M).

Imports In 2023, China imported $134k in Root Vegetables, becoming the 139th largest importer of Root Vegetables in the world. At the same year, Root Vegetables was the 1197th most imported product in China. China imports Root Vegetables primarily from: Hong Kong ($108k), Turkey ($14.4k), Brazil ($9.94k), United Arab Emirates ($953), and United States ($450).

The fastest growing import markets in Root Vegetables for China between 2022 and 2023 were Turkey ($11.2k), Brazil ($3.96k), and United States ($450).

Latest Trends

December 2024

About

Overview In December 2024 China's Root Vegetables exports accounted up to $57M and imports accounted up to $14.9k, resulting in a positive trade balance of $57M. Between December 2023 and December 2024 the exports of China's   Root Vegetables have increased by $11.9M (26.5%) from $45.1M to $57M, while imports decreased by $-864 (-5.47%) from $15.8k to $14.9k.

Destinations In December 2024, Root Vegetables were exported mostly to Vietnam ($11.7M), Hong Kong ($10.5M), South Korea ($7.9M), Japan ($6.27M), and Malaysia ($4.52M), and were imported mostly from .

Growth In December 2024, the increase in Root Vegetables's year-by-year exports was explained primarily by an increase in exports to Vietnam ($5.62M or 299%), Hong Kong ($1.6M or 57.8%), and Thailand ($1.27M or 40.4%). In November 2024, the decrease in Root Vegetables's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$11.9M(26.5%)
IMPORT GROWTH (August 2019 - November 2024)$-864(-5.47%)
MAIN EXPORTER (December 2024)Shandong Province$26.4M
MAIN DESTINATION (December 2024)Vietnam$11.7M

This section shows Root Vegetables'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 Root Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$444M
IMPORTS (2023)$134k
NET TRADE (2023)$443M

In 2023, China exported $444M in Root Vegetables. The main destinations of China exports on Root Vegetables were Vietnam ($118M), South Korea ($68.4M), Thailand ($59.6M), Japan ($49.6M), and Malaysia ($30.7M).

In 2023, China imported $134k in Root Vegetables, mainly from Hong Kong ($108k), Turkey ($14.4k), Brazil ($9.94k), United Arab Emirates ($953), and United States ($450).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Root Vegetables EXPORT MARKETS FOR China WERE (2022 - 2023):
Vietnam$50M (73.6%)
Chinese Taipei$2.66M (22%)
United Arab Emirates$2.45M (9.93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Root Vegetables BY China WERE (2022 - 2023):
South Korea-$22.2M (-24.5%)
Russia-$9.41M (-28.3%)
Japan-$7.35M (-12.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Root Vegetables were:
Netherlands $319M
Italy $191M
In 2023, China's main importing competitors in Root Vegetables were:
Germany $296M
United States $284M
Canada $154M

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Trade Value of Root Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $7.57M
TOP IMPORT POTENTIALSouth Korea+ $14.2k

Root Vegetables’s highest export potential is Russia. With an export gap of $7.57M.   Root Vegetables’s highest import potential is South Korea with an import gap of $14.2k.

See methodology.

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