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Pricing

2022
Exports $43.1MWorld Rnk 31 / 196
Flag Rnk 971 / 1216
2022
Destination $1.88M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.88MUnited States
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $1.4BWorld Rnk 8 / 225
Flag Rnk 178 / 1212
2022
Origin $14.1M France
2021 - 2022
FASTEST GROWING ORIGIN $14.1MHong Kong
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $43.1M in Wine, making it the 31st largest exporter of Wine in the world. At the same year, Wine was the 971st most exported product in China. The main destination of Wine exports from China are: Hong Kong ($26M), Singapore ($3.7M), United States ($2.24M), United Arab Emirates ($1.75M), and Nigeria ($1.37M).

The fastest growing export markets for Wine of China between 2021 and 2022 were United States ($1.88M), United Arab Emirates ($1.74M), and Nigeria ($1.11M).

Imports In 2022, China imported $1.4B in Wine, becoming the 8th largest importer of Wine in the world. At the same year, Wine was the 178th most imported product in China. China imports Wine primarily from: France ($564M), Chile ($302M), Italy ($118M), Spain ($90.9M), and Hong Kong ($82.7M).

The fastest growing import markets in Wine for China between 2021 and 2022 were Hong Kong ($14.1M), Macau ($3.86M), and Singapore ($3.09M).

COMPANIES In 2023, leading companies such as CrimsonLogic (115), Amazon (38), and Samsung (18) were at the forefront of shipping Wine from China to the United States.

Latest Trends

August 2024

About

Overview In August 2024 China's Wine exports accounted up to $1.83M and imports accounted up to $129M, resulting in a negative trade balance of $127M. Between August 2023 and August 2024 the exports of China's   Wine have decreased by $-248k (-11.9%) from $2.08M to $1.83M, while imports increased by $13.4M (11.6%) from $116M to $129M.

Destinations In August 2024, Wine were exported mostly to Hong Kong ($1.37M), Netherlands ($106k), France ($82.1k), Malaysia ($57.7k), and Macau ($50.7k), and were imported mostly from France ($48M), Australia ($43.3M), Chile ($11.4M), Italy ($9.35M), and Spain ($4.79M).

Growth In August 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-4.85M or -94.1%), Singapore ($-1.94M or -95.9%), and Japan ($-39.1k or -60.3%). In August 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from United States ($3.51M or 104%), South Africa ($2.83M or 213%), and New Zealand ($323k or 13.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-248k(-11.9%)
IMPORT GROWTH (August 2023 - August 2024)$13.4M(11.6%)
MAIN EXPORTER (August 2024)Beijing$1.59M
MAIN DESTINATION (August 2024)Hong Kong$1.37M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.1M
IMPORTS (2022)$1.4B
NET TRADE (2022)-$1.36B

In 2022, China exported $43.1M in Wine. The main destinations of China exports on Wine were Hong Kong ($26M), Singapore ($3.7M), United States ($2.24M), United Arab Emirates ($1.75M), and Nigeria ($1.37M).

In 2022, China imported $1.4B in Wine, mainly from France ($564M), Chile ($302M), Italy ($118M), Spain ($90.9M), and Hong Kong ($82.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$1.88M (520%)
United Arab Emirates$1.74M (12.1k%)
Nigeria$1.11M (427%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY China WERE (2021 - 2022):
Singapore-$16.5M (-81.6%)
Hong Kong-$12.8M (-32.9%)
Denmark-$4.1M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, China's main importing competitors in Wine were:
United States $6.79B
United Kingdom $4.67B
Germany $3.02B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.61M
TOP IMPORT POTENTIALItaly+ $70.6M

Wine’s highest export potential is United States. With an export gap of $5.61M.   Wine’s highest import potential is Italy with an import gap of $70.6M.

See methodology.

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