Statistics Analysis (Jan.-Oct. 2014)

Original: CFNA   |   Post: 2015-01-09 10:38:19   |   Views: 2903

According to Chinese Customs, in the first 10 months of 2014, China’s import and export value of agricultural products amounted to 158.73 billion USD, up by 7.1% over the same period of last year. Among that, the export value was 57.36 billion USD, a 7% year-on-year increase, while the import was 101.37 billion USD, a 7.1% year-on-year growth. The trade deficit of agricultural products amounted to 44.01 billion USD, a 7.3% increase over the same period of last year. The growth rate of agricultural trade was 3.3% higher than that of the nation’s total foreign trade. The growth rate of agricultural export was 1.2% higher than the growth rate of the nation’s total export, while the growth of agricultural import was 5.5% higher than the growth rate of the nation’s total import. The export of agricultural products accounted for 3% of China’s total export value, while the import of such products accounted for 6.2% of the country’s total import.