2023
Exports
$16.3MWorld Rnk 43 / 135
Flag Rnk 1060 / 1215
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$3.55BWorld Rnk 2 / 195
Flag Rnk 90 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $16.3M in Wheat, making it the 43rd largest exporter of Wheat in the world. At the same year, Wheat was the 1060th most exported product in China. The main destination of Wheat exports from China are: Nicaragua ($4.99M), El Salvador ($2.97M), Mauritania ($1.72M), Zimbabwe ($1.4M), and Syria ($1.33M).

The fastest growing export markets for Wheat of China between 2022 and 2023 were Nicaragua ($4.99M), El Salvador ($2.97M), and Mauritania ($1.72M).

Imports In 2023, China imported $3.55B in Wheat, becoming the 2nd largest importer of Wheat in the world. At the same year, Wheat was the 90th most imported product in China. China imports Wheat primarily from: Australia ($2.17B), Canada ($596M), United States ($360M), France ($249M), and Kazakhstan ($145M).

The fastest growing import markets in Wheat for China between 2022 and 2023 were Australia ($265M), Kazakhstan ($132M), and Russia ($32M).

COMPANIES In 2024, leading companies such as IKEA Group (7), MerchSource (3), and Wismettac Asian Foods (2) were at the forefront of shipping Wheat from China to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wheat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$16.3M
IMPORTS (2023)$3.55B
NET TRADE (2023)-$3.54B

In 2023, China exported $16.3M in Wheat. The main destinations of China exports on Wheat were Nicaragua ($4.99M), El Salvador ($2.97M), Mauritania ($1.72M), Zimbabwe ($1.4M), and Syria ($1.33M).

In 2023, China imported $3.55B in Wheat, mainly from Australia ($2.17B), Canada ($596M), United States ($360M), France ($249M), and Kazakhstan ($145M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR China WERE (2022 - 2023):
Nicaragua$4.99M (1%)
El Salvador$2.97M (1%)
Mauritania$1.72M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY China WERE (2022 - 2023):
Israel-$4.76M (-100%)
Colombia-$2.77M (-100%)
Ethiopia-$897k (-78.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, China's main exporting competitors in Wheat were:
In 2023, China's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALColombia+ $738k
TOP IMPORT POTENTIALUnited States+ $191M

Wheat’s highest export potential is Colombia. With an export gap of $738k.   Wheat’s highest import potential is United States with an import gap of $191M.

See methodology.

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