The Strategist

China increases agricultural exports by 21.7%

07/13/2022 - 10:20

In the first half of 2022, China's agricultural exports increased by 21.7 percent to $45.08 billion while its agricultural imports increased by 5 percent to $109.5 billion, according to Li Kuiwen, spokesperson for the General Administration of Customs in China.

Marco Verch Professional Photographer
Marco Verch Professional Photographer
Li Kuiwen reported that the first half of the year saw an increase of 21.7 percent in China's agricultural exports, reaching 303.1 billion yuan ($45.08 billion).

He mentioned that exports of aquatic products increased by 14.9% to reach 72.52 billion yuan ($10.8 billion), exports of vegetables and edible mushrooms increased by 5.5% to reach 37.8 billion yuan ($5.6 billion), and exports of canned goods increased by 55% from January to June 2021 to reach 13.75 billion yuan ($2.04 billion).

"Our country imported agricultural products worth 736.07 billion yuan ($109.5 billion) in the first half of the year, up 5% from the same period last year," the official continued.

According to him, grain imports into China from January to June were 272.48 trillion yuan ($40.5 billion), an increase of 16.6% over the same time in 2021. During the reporting period, grain accounted for 37% of the total value of all agricultural imports into China.