China | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from China totalled $ 36 million in 2023. Sales of commodity group 1511 from China went up by 59% compared to 2022: exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" went up by $ 13.5 million (cumulative exports of commodity group 1511 from China amounted $22 million in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.001% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 1511 in total exports from China decreased by 0 p.p. compared to 2022 (it was 0% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 1511 amounted to 1.04% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $3.49 billion in 2023). The share of exports of commodity group 1511 in sales of commodity group from China increased by 0.406 p.p. compared to 2022 (it was 0.633% in 2022, and exports of commodity group from China were $3.6 billion).
Where does China export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from China in 2023:
- Dem. People`s Rep. Korea with a share of 81% (29 million US$)
- Hong Kong with a share of 13% (4.75 million US$)
- Mongolia with a share of 4.77% (1.73 million US$)
- Russia - 355 thousand US$
- China, Macao SAR - 1.86 thousand US$
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from China in 2023 represented by the following main commodity groups:
- 100% (36 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to China totalled $ 5.09 billion in 2023. Sales of commodity group 1511 to China decreased by 12.7% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 742 million (the value of imports of commodity group 1511 to China was equal to $5.84 billion in 2022)
Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.199% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 1511 in total imports to China decreased by 0.015 p.p. compared to 2022 (it was 0.215% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 1511 reached 33% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $15.1 billion in 2023). The share of purchases of commodity group 1511 in imports of commodity group to China went down by 4.5 p.p. compared to 2022 (it was 38% in 2022, and imports of commodity group to China accounted for $15.3 billion).
Where does China import Palm oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of China in 2023:
- Indonesia with a share of 76% (3.87 billion US$)
- Malaysia with a share of 23% (1.21 billion US$)
- Myanmar - 2.55 million US$
- Thailand - 1.32 million US$
- Other Asia, nes - 998 thousand US$
- Philippines - 725 thousand US$
- Japan - 20 thousand US$
- Ghana - 19.2 thousand US$
- Ecuador - 8.43 thousand US$
- Sweden - 5.73 thousand US$
Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to China in 2023 represented by the following main commodity groups:
- 99% (5.09 billion US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 0% (30 thousand US$): 151110 - Palm oil, crude
