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2022
Exports $9.82MWorld Rnk 53 / 133
Flag Rnk 1091 / 1216
2022
Destination $4.01M Israel
2021 - 2022
FASTEST GROWING MARKET $4.01MIsrael
2022
PRODUCT COMPLEXITY IN Wheat-0.42Rnk 677 / 1025
2022
Imports $4.52BWorld Rnk 2 / 194
Flag Rnk 78 / 1212
2022
Origin $1.11B Australia
2021 - 2022
FASTEST GROWING ORIGIN $1.11BAustralia
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $9.82M in Wheat, making it the 53rd largest exporter of Wheat in the world. At the same year, Wheat was the 1091st most exported product in China. The main destination of Wheat exports from China are: Israel ($4.01M), Colombia ($2.32M), Ethiopia ($919k), Eritrea ($682k), and Kyrgyzstan ($590k).

The fastest growing export markets for Wheat of China between 2021 and 2022 were Israel ($4.01M), Colombia ($2.32M), and Eritrea ($682k).

Imports In 2022, China imported $4.52B in Wheat, becoming the 2nd largest importer of Wheat in the world. At the same year, Wheat was the 78th most imported product in China. China imports Wheat primarily from: Australia ($2.03B), Canada ($1.53B), France ($507M), United States ($444M), and Kazakhstan ($13.8M).

The fastest growing import markets in Wheat for China between 2021 and 2022 were Australia ($1.11B), Canada ($866M), and France ($8.06M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (4), Lovesac (4), and MerchSource (3) were at the forefront of shipping Wheat from China to the United States.

Latest Trends

May 2024

About

Overview In May 2024 China's Wheat exports accounted up to $1.26M and imports accounted up to $241M, resulting in a negative trade balance of $239M. Between August 2022 and May 2024 the exports of China's   Wheat have increased by $602k (92.1%) from $653k to $1.26M, while imports increased by $5.88M (2.5%) from $235M to $241M.

Destinations In May 2024, Wheat were exported mostly to , and were imported mostly from United States ($96.7M), Canada ($69.5M), Australia ($45.4M), Kazakhstan ($19.7M), and Russia ($9.37M).

Growth In May 2024, the increase in Wheat's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Wheat's year-by-year imports was explained primarily by an increase in imports from Canada ($114M or 181%), Australia ($28.6M or 9.15%), and Kazakhstan ($1.48M or 173%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2022 - May 2024)$602k(92.1%)
IMPORT GROWTH (July 2023 - July 2024)$5.88M(2.5%)
MAIN EXPORTER (May 2024)Beijing$1.26M
MAIN DESTINATION (May 2024)

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.82M
IMPORTS (2022)$4.52B
NET TRADE (2022)-$4.52B

In 2022, China exported $9.82M in Wheat. The main destinations of China exports on Wheat were Israel ($4.01M), Colombia ($2.32M), Ethiopia ($919k), Eritrea ($682k), and Kyrgyzstan ($590k).

In 2022, China imported $4.52B in Wheat, mainly from Australia ($2.03B), Canada ($1.53B), France ($507M), United States ($444M), and Kazakhstan ($13.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR China WERE (2021 - 2022):
Israel$4.01M (1%)
Colombia$2.32M (1%)
Eritrea$682k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY China WERE (2021 - 2022):
Afghanistan-$789k (-67.5%)
Egypt-$300k (-100%)
South Korea-$82.2k (-54.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Wheat were:
Australia $10.2B
United States $9.21B
Canada $8.87B
In 2022, China's main importing competitors in Wheat were:
Egypt $4.82B
Indonesia $3.38B

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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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