Wine in China | The Observatory of Economic Complexity

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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 GLOBAL ETRADE SERVICES INC (115), AMAZON SERVICES LLC (38), and SAMSUNG ELECTORNICS AMERICA, INC. (18) were at the forefront of shipping Wine from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Wine exports accounted up to $1.32M and imports accounted up to $78.2M, resulting in a negative trade balance of $76.9M. Between March 2023 and March 2024 the exports of China's Wine have decreased by $-3.67M (-73.6%) from $4.99M to $1.32M, while imports decreased by $-2.13M (-2.65%) from $80.4M to $78.2M.

Destinations In March 2024, Wine were exported mostly to Hong Kong ($1.1M), North Korea ($57.2k), Chile ($36.4k), United States ($32.8k), and Macau ($19.1k), and were imported mostly from France ($29.2M), Chile ($18.3M), Italy ($7.95M), United States ($6.73M), and Australia ($3.95M).

Growth In March 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 ($-39.1k or -60.3%). In March 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from France ($-20.6M or -29.1%), Chile ($-15.4M or -42.1%), and Spain ($-4.74M or -43.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-3.67M(-73.6%)

IMPORT GROWTH (March 2023 - March 2024)$-2.13M(-2.65%)

MAIN EXPORTER (March 2024)Yunnan Province$1.29M

MAIN DESTINATION (March 2024)Hong Kong$1.1M

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

Trade Value

Growth

Growth (%)

Year

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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