The most important beeswax producers in the world are China, India, Ethiopia, Argentina and other countries. China and India are the world's largest exporters of beeswax and occupy the world's largest market
China is a major exporter of beeswax, accounting for 69% of total exports. It is followed by Malaysia and Vietnam, which account for 25% of total exports. India's share of total exports is small.
From 2007 to 2018, China's exports grew at an average annual rate of 5.3%. At the same time, India (Vietnam 19.6%), India (+15.2%) and Malaysia (+8.8%) showed positive growth rates. In addition, Vietnam has become Asia's fastest-growing exporter, with a compound annual growth rate of 19.6% from 2007 to 2018. China (30 pm), Vietnam (9.2 euros in the afternoon), Malaysia (8.5 euros in the afternoon) and India (1.9 euros in the afternoon) have significantly strengthened in terms of total exports, while the shares of other countries remained relatively stable during the analysis period.
In terms of value, China (US$61 million) is still Asia's largest supplier of beeswax, accounting for 77% of total beeswax exports. The second place is the British Vietnam (12 million US dollars), accounting for 15% of total exports. It is closely followed by India with 2%.