From January to October, China's agricultural product import and export volume was US $256.29 billion, a year-on-year decrease of 2.9%. Among them, exports were US $83.56 billion, an increase of 1.1%; imports were US $172.73 billion, a decrease of 4.7%; and the trade deficit was US $89.17 billion, a decrease of 9.6%.
1. Grain
From January to October, 20.85 million tons of grains were imported, a year - on - year decrease of 54.7%, with an import value of $6.24 billion, a decrease of 54.4%. 1.411 million tons were exported, an increase of 25.5%, with an export value of $0.82 billion, an increase of 7.9%. The net import volume was 19.439 million tons, a decrease of 56.7%.
2. Cotton, sugar
Cotton: From January to October, imports totaled 845,000 tons, a decrease of 65.6% year-on-year; the import value was $1.46 billion, down 70.2%. In addition, imports of cotton substitutes, cotton yarn [1], totaled 1.178 million tons, a decrease of 5.3%.
Sugar: From January to October, 3.902 million tons of sugar were imported, an increase of 14.0% year-on-year; the import value was $1.74 billion, a decrease of 7.8%.
3. Edible oilseeds, edible vegetable oils
Edible oilseeds: From January to October, imports increased by 3.0% year-on-year to 100 million tons, while import value decreased by 8.8% year-on-year to US$46.5 billion; exports increased by 7.7% year-on-year to 9.32 million tons, and export value increased by 0.7% year-on-year to US$1.53 billion; trade deficit was US$44.96 billion, down by 9.1% year-on-year.
Edible vegetable oil: 1-10 months, imports 5.342 million tons, down 11.0% year-on-year, import value of 60.0 billion US dollars, up 1.2%; exports 427,000 tons, up 2.1 times, export value of 5.3 billion US dollars, up 1.7 times; trade deficit of 54.7 billion US dollars, down 4.5%.
4. Vegetables, fruits
Vegetables: from January to October, the export volume was 13.88 billion US dollars, a year-on-year decrease of 8.2%; the import volume was 1.06 billion US dollars, an increase of 17.5%; the trade surplus was 12.82 billion US dollars, a decrease of 9.8%.
Fruit: From January to October, the export volume was 6.59 billion U.S. dollars, a year-on-year increase of 0.8%; the import volume was 17.83 billion U.S. dollars, an increase of 5.8%; the trade deficit was 11.24 billion U.S. dollars, an increase of 9.0%.
5. Livestock products, aquatic products
Livestock products: From January to October, the import value was $34.21 billion, a year-on-year increase of 5.2%; the export value was $6.07 billion, an increase of 14.3%; the trade deficit was $28.14 billion, an increase of 3.4%.
Aquatic products: From January to October, the export value was US $16.88 billion, a year-on-year increase of 1.2%; the import value was US $20.14 billion, an increase of 6.7%; the trade deficit was US $3.26 billion, an increase of 49.4%.
Note: The data on the import and export trade volume of agricultural products is from the General Administration of Customs of China. The trade data by product category is compiled according to the classification caliber of the Ministry of Agriculture and Rural Affairs of China's agricultural products.
[1] Cotton yarn is classified as an industrial product in the statistics of import and export.
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