How much peanuts do China produce and export?
China is the largest producer of peanuts: 19.6 million tonnes in 2024, 34% of the world's 57.4 million tonnes (FAOSTAT). It is the 4th largest exporter by value: $482.5 million in 2024, 10% of world exports of raw groundnuts (HS 1202) (CEPII BACI). Its biggest customer is Indonesia, which takes 14% of its peanuts exports by value.
All about peanuts · All about China · Peanuts price history
China's peanuts production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 1 | 19.6 million tonnes | 34% | +1.8% a year | 2024 |
FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 28% | 43% | 36% | 33% | 34% |
China's peanuts exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $482.5 million | 10% | 290,664 t | $1,660 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 1202 (Groundnuts, not roasted).
Where China's peanuts goes
| Destination | Value | Share of China's exports |
|---|---|---|
| Indonesia | $68M | 14% |
| Philippines | $45M | 9.3% |
| Spain | $43M | 8.9% |
| Netherlands | $41M | 8.6% |
| Thailand | $26M | 5.3% |
China as a buyer of peanuts
China imported $627.3 million of raw groundnuts (HS 1202) in 2024, 13% of world imports, ranked #1. Of its $627.3 million of peanuts imports in 2024, 54% came from Sudan and 29% from Senegal, among 24 suppliers. Largest sources: Sudan (54%), Senegal (29%), United States (12%), Gambia (2.5%), Myanmar (1.3%).
How much peanuts China uses
China's domestic supply of peanuts was 19.4 million tonnes in 2023, 38% of the world's. Food supply was 7.6 kg per person a year, 6th highest of 142 countries with a million or more people. It produced 98% of what it used (self-sufficiency) and imported 5%. FAO's item is "Groundnuts". Consumption · Self-sufficiency.
The peanuts price China sells into
The benchmark price, Groundnuts, CIF Europe, was $1,563/t in September 2026, up 27% over twelve months. Its five-year volatility is 15% a year, calmer in 12% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Peanuts price history.
Cite as: Commodity Origins, "China peanuts: production, exports and prices", https://commodityorigins.com/countries/CHN/peanuts/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.