Statistics Analysis (Jan.-Nov. 2014)

Original: CFNA   |   Post: 2015-01-09 11:02:24   |   Views: 3078

According to Chinese Customs, in the first 11 months of 2014, China’s import and export value of agricultural products amounted to 174.26 billion USD, up by 5.4% over the same period of last year. Among that, the export value was 64.18 billion USD, a 6.9% year-on-year increase, while the import was 110.08 billion USD, a 4.5% year-on-year growth. The trade deficit of agricultural products amounted to 45.9 billion USD, a 1.3% increase over the same period of last year. The growth rate of agricultural trade was 2% 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 3.7% 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.