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China Daily

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Sunday, April 07, 2019, 15:23
China's farm produce trade deficit expands
By Xinhua
Sunday, April 07, 2019, 15:23 By Xinhua

This undated photo shows consumers buying vegetables at a market in Qingdao, Shandong province, China. (YU FANGPING /FOR CHINA DAILY)

BEIJING – China's agricultural products trade reported a deficit of US$12.72 billion in the January-February period, up 37.1 percent year on year, official statistics showed.

Imports increased by 10.2 percent year on year to US$23.52 billion while exports went down 10.5 percent to US$10.8 billion, statistics released by the Ministry of Agriculture and Rural Affairs showed.

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China imported 3.26 million tonnes of grain in the first two months, while exports stood at 365,000 tons.

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Total imports of edible vegetable oil grew 44.5 percent to 1.71 million tons during the period while imports of beef surged 54.6 percent year on year.

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