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Imports and exports of agricultural commodities from Jan to Jul in China

2019-09-11 www.cofeed.com
From January to July, 2019, the total value of imports and exports of agricultural commodities in China totaled $128.13 billion. The value of exports was down by 3.1% to $43.33 billion, and the value of imports was up by 4.4% to $84.8 billion; and the trade deficit was up by 13.7% to $41.47 billion. 

Edible oilseeds: From January to July, 2019, the imports of edible oilseeds posted a year-on-year decline of 11.4% to 50.213 mln tonnes, with the value decreasing by 16.1% to $21.02 billion; the exports posted a year-on-year decline of 3.2% to 711,000 tonnes, with the value decreasing by 4.4% to $1.01 billion; and the trade deficit was down by 16.7% to $20.01 billion. Among them, soybean imports declined by 11.3% to 46.905 mln tonnes and rapeseed imports decreased by 23.5% to 2.053 mln tonnes. 

Edible vegetable oils: From January to July, 2019, the imports of edible vegetable oils posted a year-on-year increase of 41.2% to 5.981 mln tonnes, with the value increasing by 20.5% to $3.85 billion; the exports were down by 18.3% to 139,000 tonnes, with the value decreasing by 18.0% to $140 million; and the trade deficit was up by 22.7% to $3.71 billion. Among them, palm oil imports were up by 38.5% to 3.87 million tonnes, rapeseed oil imports were up by 23.3% to 895,000 tonnes, and soybean oil imports were up by 84.9% to 392,000 tonnes. 

Grains: From January to July, 2019, grain imports were 10.705 million tonnes, a year-on-year decline of 29.7% and the value was down by 25.6% to $3.17 billion; grain exports were up 61.2% to 2.084 million tonnes and the value was up 39.0% to $800 million; net imports were down by 38.1% to 8.621 mln tonnes. 

Wheat: a year-on-year decline of 5.4% to 1.981 mln tonnes for imports; and a year-on-year decline of 8.7% to 173,000 tonnes for export.

Corn: a year-on-year increment of 37.7% to 3.497 mln tonnes for imports; and a year-on-year increment of 1.2 times to 15,000 tonnes for exports. 

Barley: a year-on-year decline of 32.3% to 3.389 mln tonnes for imports; and a year-on-year increment of 5.7 times to 2.957 mln tonnes for exports. 

Sorghum: a year-on-year decline of 93.6% to 221,000 tonnes for imports; and a year-on-year increment of 2.0% to 23,000 tonnes for exports. 

DDGs: a year-on-year decline of 31.1% to 44,000 tonnes for imports. 

Cotton: From January to July, 2019, the imports of cotton posted a year-on-year increase of 64.5% to 1.395 mln tonnes, with the value rising by 64.0% to $2.66 billion. Besides, the imports of its substitute product-cotton yarn decreased by 3.6% to 1.183 mln tonnes. 

Animal products: From January to July, 2019, the imports of animal product posted a year-on-year increase of 17.6% to $19.92 billion and the exports decreased by 5.65% to $3.79 billion; and the trade deficit was up by 24.8% to $16.13 billion. Among them, pork imports were up 36.0% to 1.001 mln; pork offals were up by 10.2% to 661,000 tonnes.