Wheat — Terms of trade in China, mainland

China, mainland: Wheat — Terms of trade was 164.53 % in 2024. ▲ Rising

Latest (2024)
164.53 %
Change on year
up 12.1%
World rank
9th
of 80 countries
All-time high
169.54 %
in 2017
All-time low
0 %
in 2012
Years of data
14
2010–2024

Wheat — Terms of trade in China, mainland, 2010–2024

0501001502010201720242010: 64.8 %2011: 128.8 %2012: 0 %2013: 116.4 %2014: 98.9 %2015: 75.5 %2016: 132.3 %2017: 169.5 %2018: 155.6 %2019: 149.8 %2021: 144.5 %2022: 131.1 %2023: 146.8 %2024: 164.5 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, wheat — terms of trade in China, mainland stood at 164.53 %.

That represents a change of up 12.1% on the previous year and up 66.3% over ten years.

Over the whole period, wheat — terms of trade in China, mainland peaked at 169.54 % in 2017 and was at its lowest, 0 %, in 2012.

China, mainland ranks 9th of 80 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Wheat — Terms of trade in China, mainland, year by year

Annual values for Wheat — Terms of trade in China, mainland, 2010 to 2024.
Year % Change
2010 64.79 %
2011 128.77 % +98.7%
2012 0 % -100.0%
2013 116.39 %
2014 98.93 % -15.0%
2015 75.46 % -23.7%
2016 132.28 % +75.3%
2017 169.54 % +28.2%
2018 155.59 % -8.2%
2019 149.84 % -3.7%
2021 144.48 % -3.6%
2022 131.09 % -9.3%
2023 146.82 % +12.0%
2024 164.53 % +12.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 109.16 % 0 % 169.54 % 10
2020s 146.73 % 131.09 % 164.53 % 4

Countries ranked near China, mainland

  1. 6 Uruguay 226.28 % compare
  2. 7 Thailand 218.23 % compare
  3. 8 Zimbabwe 181 % compare
  4. 10 Lesotho 163.91 % compare
  5. 11 Mexico 139.02 % compare
  6. 12 Bulgaria 126.23 % compare

See the full ranking of 86 places →

More agriculture & rural data for China, mainland

All data for China, mainland →

Frequently asked questions

What is wheat — terms of trade in China, mainland?
Wheat — terms of trade in China, mainland was 164.53 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in China, mainland?
The highest recorded value was 169.54 % in 2017.
What is the lowest wheat — terms of trade recorded in China, mainland?
The lowest recorded value was 0 % in 2012.
How does China, mainland rank for wheat — terms of trade?
China, mainland ranks 9th out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in China, mainland?
Over the last ten years it is up 66.3%. The long-run trend across the full record is rising.
Where does this China, mainland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in China, mainland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/china-mainland/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK