POST Online Media Lite Edition



 

China agricultural imports in 2017 rise rapidly

Staff Writer |
China's imports of major agricultural products continued to increase fast in the first five months of the year, driven by price gaps between domestically produced products and imported products, according to the Ministry of Agriculture.

Article continues below






Wheat imports between January and May reached 2.2 million metric tons, an increase of 67.3 percent year-on-year, while import of soybeans increased by nearly 20 percent to 37 million tons, and imports of beef rose by 14 percent during the period, compared with the same period last year, Wang Ping, deputy chief of the ministry's Department of Market and Economic Information, said at a news conference.

China imported 1.68 million tons of wheat and associated products between January and April, an increase of 94 percent over the same period last year, Wang said, citing figures from the General Administration of Customs.

Imports of some major agricultural products kept increasing quickly between 2011 and 2016, with grain imports increasing at an average annual rate of 32.2 percent, meat at an average annual rate of 24.9 percent, and dairy at 16.6 percent during the five-year period, according to the ministry.


What to read next

China's agricultural imports to challenge market in 2016
China: Russian wheat has considerable advantages
Ethiopia agriculture will continue to grow