Dry Bean Market - China’s Dry Bean Exports Plunged 39% in 2014

Other Non-Perennial Crops September 07, 2015
Author: Olga Minchina
Account Manager

dry bean market

Despite plummeting exports in 2014, China continued to lead the way in the global dry bean trade. In 2014, China exported 345 thousand tonnes of dry beans totaling 438 million USD, 39% under the previous year. Its primary trading partner on the global dry bean market was Italy, where it supplied 16% of its total dry bean exports in value terms, accounting for 32% of Italy's total imports.

From 2007 to 2014, China was a net exporter of dry beans. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

The U.S. and Canada were among the other main global suppliers of dry beans in 2014. However, the fastest growing exporters from 2007 to 2014 were Nicaragua (+81% per year) and Egypt (+34% per year). It was the U.S., however, that was able to make the deepest inroads into China's dominance in the dry bean trade.

China's top 5 trading partners in 2014 were the aforementioned Italy, as well as India, Venezuela, South Africa and Turkey, with a combined 51% share of China's dry bean exports. The share of India increased nicely (+9 percentage points), while the share of South Africa illustrated negative dynamics (-5 percentage points).

Do you want to know more about the global dry bean market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • dry bean market share
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  • dry bean market forecast
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Source: World: Beans (Dry) - Market Report. Analysis And Forecast To 2020