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Export of Fresh Ginseng from China
Fresh Ginseng is categorized under HS code 121120 - Ginseng roots, used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes; fresh or dried, whether or not cut, crushed or powdered, and the data is presented accordingly.
Export overview
As of 2022, China ranked #2 in global exports of Fresh Ginseng. China accounts for approximately 25.82% of the total global export value of Fresh Ginseng, with an export value of 79,900,683 USD.
The top countries importing Fresh Ginseng from China include World, Japan, Hong Kong, United States, Germany.
Export trend
China's export value of Fresh Ginseng has decreased by 37.63%, falling from 128,110,523 USD in 2018 to 79,900,683 USD in 2022.
The export data for China Fresh Ginseng is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 121120 - Ginseng roots, used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes; fresh or dried, whether or not cut, crushed or powdered, which covers a specific classification for Fresh Ginseng and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Fresh Ginseng in certain markets, as HS codes often encompass a broader range of similar products.
BOZHOU WANZHEN TRADITIONAL CHINESE MEDICINE TABLET FACTORY
China
JIAN HANYU AGRICULTURAL SCIENCE & TECHNOLOGY
China
ANHUI XIEHECHENG CHINESE HERB
China
JIAN LU SHAN ZHOU NATIVE PRODUCTS CESSING EXPORT
China
Major importers of China Fresh Ginseng in 2024
ST FRANCIS HERB FARM
United States
에이치푸드
South Korea
디에스무역
South Korea
THANG LONG PHARMACEUTICAL
Vietnam
JOEUN FARM
South Korea
Historical export price trends
The export price of Fresh Ginseng from China has experienced a downward trend over the past 2 years. In 2023, the price fluctuated between 5.86 USD per kg and 14.52 USD per kg, but in 2024, it decreased to a range of 5.61 USD per kg to 12 USD per kg.
Year
Year
Low price
Low price
High price
High price
2022
$8/kg
$13/kg
2023
$5.86/kg
$14.52/kg
2024
$5.61/kg
$12/kg
The export transaction data for China Fresh Ginseng is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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