From January to December, China's import and export volume of agricultural products reached 311.57 billion US dollars, a year-on-year decrease of 2.1%. Among them, exports were 104.16 billion US dollars, an increase of 1.2%; imports were 207.41 billion US dollars, a decrease of 3.6%; the trade deficit was 103.25 billion US dollars, a decrease of 8.0%.
1, Grains
From January to December, grain imports reached 25.817 million tons, a year-on-year decrease of 48.6%, with an import value of 7.73 billion US dollars, a decrease of 48.6%; exports stood at 1.984 million tons, an increase of 48.1%, with an export value of 1.12 billion US dollars, an increase of 23.1%; net imports were 23.833 million tons, a decrease of 51.2%.
2, Cotton, Sugar
Cotton: From January to December, 1.147 million tons were imported, a year-on-year decrease of 57.7%; the import value was 1.97 billion US dollars, a decrease of 63.2%. In addition, 1.497 million tons of cotton yarn [1], a substitute for cotton, were imported, a decrease of 1.5%.
Sugar: From January to December, imports reached 4.918 million tons, a year-on-year increase of 13.1%; the import value was 2.18 billion US dollars, a year-on-year decrease of 8.9%.
3, Edible oilseeds, edible vegetable oils
Edible oilseeds: From January to December, imports reached 120 million tons, a year-on-year increase of 2.5%, with an import value of 54.66 billion US dollars, a decrease of 8.0%; exports were 1.332 million tons, an increase of 18.3%, with an export value of 2.12 billion US dollars, an increase of 8.1%; the trade deficit was 52.54 billion US dollars, a decrease of 8.5%.
Edible vegetable oil: From January to December, 6.757 million tons were imported, a year-on-year decrease of 6.3%, with an import value of 7.64 billion US dollars, an increase of 5.7%; 690,000 tons were exported, an increase of 250%, with an export value of 840 million US dollars, an increase of 190%; the trade deficit was 6.8 billion US dollars, a decrease of 2.0%.
4, Vegetables, Fruits
Vegetables: From January to December, the export value was 16.94 billion US dollars, a year-on-year decrease of 9.2%; the import value was 1.20 billion US dollars, an increase of 14.7%; the trade surplus was 15.74 billion US dollars, a decrease of 10.6%.
Fruits: From January to December, the export value was 8.63 billion US dollars, a year-on-year increase of 1.2%; the import value was 20.79 billion US dollars, an increase of 6.7%; the trade deficit was 12.16 billion US dollars, an increase of 11.1%.
5, Livestock Products, Aquatic Products
Livestock products: From January to December, the import value was 40.64 billion US dollars, an increase of 2.0% year-on-year; the export value was 7.47 billion US dollars, an increase of 13.4%; the trade deficit was 33.17 billion US dollars, a decrease of 0.2%.
Aquatic products: From January to December, the export value was 20.69 billion US dollars, a year-on-year decrease of 0.6%; the import value was 24.92 billion US dollars, an increase of 8.0%; the trade deficit was 4.23 billion US dollars, an increase of 87.9%.
Note: The data on the import and export trade volume of agricultural products is sourced from the official website of the General Administration of Customs of China. The trade data by variety is compiled in accordance with the agricultural product classification standards of the Ministry of Agriculture and Rural Affairs.
[1] Cotton yarn is classified as an industrial product in import and export statistics.
