Statistics Analysis (Jan.-Oct. 2012)

Original: CFNA   |   Post: 2012-11-29 16:15:29   |   Views: 1998

According to statistics of the Customs, in January to October 2012, China’s import and export value of agricultural products amounted to 141.32 billion USD, up by 16.1% over the same period of last year. Among that, the export was 49.98 billion USD, a 4.3% year-on-year increase, while the import was 91.34 billion USD, a 23.8% year-on-year growth. The trade deficit of agricultural products amounted to 41.36 billion USD, a 60% increase over the same period of last year.

The growth rate of agricultural trade was 9.8% higher than the growth rate of the nation’s total foreign trade. The growth of agricultural import was 19.2% higher than that of the nation’s total import, while the growth of agricultural export was 3.5% lower than the growth rate of the nation’s total export. The export of agricultural products accounted for 3% of China’s total export value, while the import of such products accounted for 6.1% of the country’s total import.