Baked Goods in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $693M in Baked Goods, making it the 16th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 522nd most exported product in China. The main destination of Baked Goods exports from China are: Hong Kong ($124M), Japan ($102M), Vietnam ($57M), United States ($42M), and Malaysia ($37.5M).

The fastest growing export markets for Baked Goods of China between 2021 and 2022 were Hong Kong ($11.4M), Vietnam ($10.3M), and Malaysia ($10.2M).

Imports In 2022, China imported $982M in Baked Goods, becoming the 9th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 228th most imported product in China. China imports Baked Goods primarily from: Hong Kong ($323M), Indonesia ($237M), Japan ($62.1M), Malaysia ($45.2M), and Vietnam ($33.4M).

The fastest growing import markets in Baked Goods for China between 2021 and 2022 were Hong Kong ($32.3M), Indonesia ($2.78M), and Italy ($1.87M).

COMPANIES In 2023, leading companies such as CONAIR CORPORATION (24), WALONG MARKETING INC. (19), and 99 CENTS ONLY STORES LLC (19) were at the forefront of shipping Baked Goods from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Baked Goods exports accounted up to $64.8M and imports accounted up to $52.9M, resulting in a positive trade balance of $11.9M. Between March 2023 and March 2024 the exports of China's Baked Goods have increased by $9.47M (17.1%) from $55.4M to $64.8M, while imports decreased by $-1.6M (-2.93%) from $54.5M to $52.9M.

Destinations In March 2024, Baked Goods were exported mostly to Hong Kong ($10.2M), Japan ($7.4M), Vietnam ($7.03M), Thailand ($5.71M), and Philippines ($3.98M), and were imported mostly from Indonesia ($18.2M), Thailand ($5.1M), Hong Kong ($3.9M), Germany ($3.16M), and South Korea ($2.79M).

Growth In March 2024, the increase in Baked Goods's year-by-year exports was explained primarily by an increase in exports to Russia ($1.33M or 1.8k%), Indonesia ($625k or 87.8%), and South Korea ($583k or 21.3%). In March 2024, the decrease in Baked Goods's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-8.12M or -53.8%), Denmark ($-6.84M or -56.6%), and Hong Kong ($-3.97M or -52.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$9.47M(17.1%)

IMPORT GROWTH (March 2023 - March 2024)$-1.6M(-2.93%)

MAIN EXPORTER (March 2024)Guangdong Province$22.6M

MAIN DESTINATION (March 2024)Hong Kong$10.2M

This section shows Baked Goods'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 Baked Goods over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$693M

IMPORTS (2022)$982M

NET TRADE (2022)-$288M

In 2022, China exported $693M in Baked Goods. The main destinations of China exports on Baked Goods were Hong Kong ($124M), Japan ($102M), Vietnam ($57M), United States ($42M), and Malaysia ($37.5M).

In 2022, China imported $982M in Baked Goods, mainly from Hong Kong ($323M), Indonesia ($237M), Japan ($62.1M), Malaysia ($45.2M), and Vietnam ($33.4M).

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