Statistics Analysis (Jan.-Jun. 2012)

Original: CFNA   |   Post: 2012-07-26 10:45:48   |   Views: 2182

In the first half of 2012, China’s import and export value of agricultural products amounted to 83.62 billion USD, up by 18.9% over the same period of last year. This growth rate was 10.9% higher than the growth rate of the nation’s total foreign trade. The trade volume of agricultural products accounted for 4.5% of the nation’s total foreign trade volume. Among that, the export was 29.47 billion USD, a 4.3% year-on-year increase, while the import was 54.15 billion USD, a 28.8% year-on-year increase. The trade deficit of agricultural products amounted to 24.68 billion USD, a 78.7% increase over the same period of last year. The export of agricultural products accounted for 3.1% of China’s total export value, while the import of such products accounted for 6.1% of the country’s total import.