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2023
Exports $181MWorld Rnk 2 / 156
Flag Rnk 778 / 1215
2023
Destination $43M India
2022 - 2023
FASTEST GROWING MARKET $43MIndia
2023
PRODUCT COMPLEXITY IN Spice Seeds-1.19Rnk 875 / 1025
2023
Imports $211MWorld Rnk 1 / 215
Flag Rnk 492 / 1214
2023
Origin $87.3M India
2022 - 2023
FASTEST GROWING ORIGIN $87.3MIndia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $181M in Spice Seeds, making it the 2nd largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 778th most exported product in China. The main destination of Spice Seeds exports from China are: India ($45M), Vietnam ($34.8M), United Arab Emirates ($23M), Bangladesh ($11.3M), and Pakistan ($8.47M).

The fastest growing export markets for Spice Seeds of China between 2022 and 2023 were India ($43M), Vietnam ($25M), and United Arab Emirates ($20.6M).

Imports In 2023, China imported $211M in Spice Seeds, becoming the 1st largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 492nd most imported product in China. China imports Spice Seeds primarily from: India ($207M), Italy ($2.25M), Egypt ($411k), Vietnam ($345k), and United Arab Emirates ($277k).

The fastest growing import markets in Spice Seeds for China between 2022 and 2023 were India ($87.3M), Thailand ($207k), and Poland ($162k).

COMPANIES In 2024, leading companies such as Dollarama (6), Euromarket Designs (2), and Cloud Network Technology (1) were at the forefront of shipping Spice Seeds from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Spice Seeds exports accounted up to $14.3M and imports accounted up to $8.62M, resulting in a positive trade balance of $5.67M. Between December 2023 and December 2024 the exports of China's   Spice Seeds have increased by $8.56M (149%) from $5.73M to $14.3M, while imports increased by $6.25M (264%) from $2.37M to $8.62M.

Destinations In December 2024, Spice Seeds were exported mostly to Vietnam ($10.8M), Pakistan ($571k), United States ($401k), Chinese Taipei ($348k), and Japan ($237k), and were imported mostly from India ($8.09M), Italy ($528k), and United States ($91).

Growth In December 2024, the increase in Spice Seeds's year-by-year exports was explained primarily by an increase in exports to Indonesia ($447k or 202%), Iraq ($376k or 2.72k%), and Chinese Taipei ($211k or 148%). In December 2024, the increase in Spice Seeds's year-by-year imports was explained primarily by an increase in imports from India ($5.33M or 887%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$8.56M(149%)
IMPORT GROWTH (December 2023 - December 2024)$6.25M(264%)
MAIN EXPORTER (December 2024)Guangxi Zhuang Autonomous Region$12.1M
MAIN DESTINATION (December 2024)Vietnam$10.8M

This section shows Spice Seeds'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 Spice Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$181M
IMPORTS (2023)$211M
NET TRADE (2023)-$29.5M

In 2023, China exported $181M in Spice Seeds. The main destinations of China exports on Spice Seeds were India ($45M), Vietnam ($34.8M), United Arab Emirates ($23M), Bangladesh ($11.3M), and Pakistan ($8.47M).

In 2023, China imported $211M in Spice Seeds, mainly from India ($207M), Italy ($2.25M), Egypt ($411k), Vietnam ($345k), and United Arab Emirates ($277k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR China WERE (2022 - 2023):
India$43M (2.13k%)
Vietnam$25M (257%)
United Arab Emirates$20.6M (835%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY China WERE (2022 - 2023):
United States-$835k (-20.4%)
Japan-$793k (-21.7%)
Germany-$569k (-10.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Spice Seeds were:
India $786M
Egypt $104M
In 2023, China's main importing competitors in Spice Seeds were:
India $181M
United States $116M

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.09M
TOP IMPORT POTENTIALIndia+ $32.1M

Spice Seeds’s highest export potential is India. With an export gap of $3.09M.   Spice Seeds’s highest import potential is India with an import gap of $32.1M.

See methodology.

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