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2022
Exports $214MWorld Rnk 7 / 152
Flag Rnk 753 / 1216
2022
Destination $36.8M Indonesia
2021 - 2022
FASTEST GROWING MARKET $36.8MIndonesia
2022
PRODUCT COMPLEXITY IN Starches-0.6Rnk 726 / 1025
2022
Imports $2.35BWorld Rnk 1 / 216
Flag Rnk 133 / 1212
2022
Origin $174M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $174MVietnam
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $214M in Starches, making it the 7th largest exporter of Starches in the world. At the same year, Starches was the 753rd most exported product in China. The main destination of Starches exports from China are: Indonesia ($47.5M), South Korea ($32.1M), Philippines ($26.2M), Thailand ($17.7M), and United States ($13.5M).

The fastest growing export markets for Starches of China between 2021 and 2022 were Indonesia ($36.8M), Thailand ($9.24M), and Chinese Taipei ($5.9M).

Imports In 2022, China imported $2.35B in Starches, becoming the 1st largest importer of Starches in the world. At the same year, Starches was the 133rd most imported product in China. China imports Starches primarily from: Thailand ($1.09B), Vietnam ($1.09B), Laos ($81.3M), Cambodia ($24.5M), and Germany ($12.5M).

The fastest growing import markets in Starches for China between 2021 and 2022 were Vietnam ($174M), Laos ($57.1M), and Cambodia ($8.54M).

COMPANIES In 2023, leading companies such as Walong Marketing (12), CrimsonLogic (3), and IKEA Group (2) were at the forefront of shipping Starches from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Starches exports accounted up to $5.78M and imports accounted up to $146M, resulting in a negative trade balance of $140M. Between October 2023 and October 2024 the exports of China's   Starches have increased by $1.67M (40.8%) from $4.1M to $5.78M, while imports decreased by $-28.3M (-16.3%) from $174M to $146M.

Destinations In October 2024, Starches were exported mostly to South Korea ($2.18M), United States ($1.02M), Thailand ($663k), Russia ($393k), and Hong Kong ($374k), and were imported mostly from Thailand ($79.5M), Vietnam ($54.2M), Laos ($4.9M), Netherlands ($2.32M), and Germany ($1.19M).

Growth In October 2024, the increase in Starches's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($13.5k or 55.2%) and Brazil ($3.2k or 267%). In October 2024, the decrease in Starches's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-78.2M or -55%), Indonesia ($-3.66M or -99.4%), and Germany ($-206k or -22.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.67M(40.8%)
IMPORT GROWTH (October 2023 - October 2024)$-28.3M(-16.3%)
MAIN EXPORTER (October 2024)Shandong Province$3.47M
MAIN DESTINATION (October 2024)South Korea$2.18M

This section shows Starches'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 Starches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$214M
IMPORTS (2022)$2.35B
NET TRADE (2022)-$2.13B

In 2022, China exported $214M in Starches. The main destinations of China exports on Starches were Indonesia ($47.5M), South Korea ($32.1M), Philippines ($26.2M), Thailand ($17.7M), and United States ($13.5M).

In 2022, China imported $2.35B in Starches, mainly from Thailand ($1.09B), Vietnam ($1.09B), Laos ($81.3M), Cambodia ($24.5M), and Germany ($12.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starches EXPORT MARKETS FOR China WERE (2021 - 2022):
Indonesia$36.8M (343%)
Thailand$9.24M (109%)
Chinese Taipei$5.9M (323%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starches BY China WERE (2021 - 2022):
Nigeria-$6.58M (-50.8%)
Philippines-$6.41M (-19.7%)
Chile-$4.44M (-99.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Starches were:
Thailand $1.84B
Vietnam $1.15B
Germany $469M
In 2022, China's main importing competitors in Starches were:
United States $462M
Germany $367M

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Trade Value of Starches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.21M
TOP IMPORT POTENTIALLaos+ $27.3M

Starches’s highest export potential is United States. With an export gap of $9.21M.   Starches’s highest import potential is Laos with an import gap of $27.3M.

See methodology.

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