Locust beans, seaweed, sugar beet, cane, for food in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $574M in Locust beans, seaweed, sugar beet, cane, for food, making it the 1st largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 556th most exported product in China. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from China are: United States ($93.6M), Germany ($47.5M), Netherlands ($42.5M), Vietnam ($38.5M), and Mexico ($38.3M).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of China between 2021 and 2022 were United States ($13.4M), United Arab Emirates ($10.9M), and Vietnam ($8.21M).

Imports In 2022, China imported $202M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 2nd largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 516th most imported product in China. China imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Laos ($60.7M), Burma ($59.1M), Indonesia ($38.1M), Vietnam ($18.1M), and Nigeria ($13.7M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for China between 2021 and 2022 were Laos ($45.8M), Indonesia ($32.5M), and Burma ($25.2M).

COMPANIES In 2023, leading companies such as WALONG MARKETING INC. (9), WISMETTAC ASIAN FOODS,INC. (1), and GIVAUDAN FRAGRANCES CORPORATION (1) were at the forefront of shipping Locust beans, seaweed, sugar beet, cane, for food from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Locust beans, seaweed, sugar beet, cane, for food exports accounted up to $94.8M and imports accounted up to $69.8M, resulting in a positive trade balance of $25.1M. Between March 2023 and March 2024 the exports of China's Locust beans, seaweed, sugar beet, cane, for food have increased by $20.7M (27.9%) from $74.1M to $94.8M, while imports decreased by $-26.9M (-27.8%) from $96.7M to $69.8M.

Destinations In March 2024, Locust beans, seaweed, sugar beet, cane, for food were exported mostly to United States ($10.3M), Mexico ($8.86M), Netherlands ($6.51M), Germany ($5.52M), and Canada ($5.01M), and were imported mostly from Burma ($23.4M), Indonesia ($14.8M), Laos ($10.9M), Chile ($8.06M), and Nigeria ($4M).

Growth In March 2024, the increase in Locust beans, seaweed, sugar beet, cane, for food's year-by-year exports was explained primarily by an increase in exports to Iran ($3.87M or 144%), Kazakhstan ($1.61M or 431%), and United Arab Emirates ($1.23M or 62.3%). In March 2024, the decrease in Locust beans, seaweed, sugar beet, cane, for food's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-3.48M or -59.8%), Nigeria ($-397k or -66.2%), and Japan ($-199k or -98.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$20.7M(27.9%)

IMPORT GROWTH (March 2023 - March 2024)$-26.9M(-27.8%)

MAIN EXPORTER (March 2024)Inner Mongolia Autonomous Region$27.7M

MAIN DESTINATION (March 2024)United States$10.3M

This section shows Locust beans, seaweed, sugar beet, cane, for food'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 Locust beans, seaweed, sugar beet, cane, for food over time.

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