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SunSirs: China's Cotton Import and Export Situation from January to March 2023
April 24 2023 10:07:17()

From January to March 2023, the import and export volume of agricultural products in China reached 83.38 billion US dollars, an increase of 11.5% year-on-year. Among them, exports reached 23.5 billion US dollars, an increase of 7.4%; Import reached 59.88 billion US dollars, an increase of 13.2%; The trade deficit was 36.38 billion US dollars, an increase of 17.2%.

Cotton: Imported 305000 tons from January to March 2023, a year-on-year decrease of 53.4%; The import volume was 690 million US dollars, a decrease of 55.4%. In addition, the import of alternative cotton products, cotton yarn, was 291000 tons, a decrease of 22.4%.

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 according to the classification criteria of agricultural products by the Ministry of Agriculture and Rural Affairs.

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