China's agricultural trade value decreased 4.3 percent year-on-year to $238.7 billion in the first nine months of 2024. Exports increased by 1.9 percent to $73.5 billion. Imports decreased by 6.9 percent to $165.2 billion. Trade deficit shrank by 12.9 percent to $91.8 billion.

 

The details are as follows: 

　　1. Cereals imports increased by 8.7 percent to 43.7 million tons and exports decreased 18.9 percent to 1.0 million tons. Net imports increased by 9.9 percent to 42.8 million tons.    

　　2. Cotton imports grew by 1.0 times to 2.3 million tons. Cotton yarn imports decreased by 7.3 percent to 1.1 million tons.    

　　3. Sugar imports increased by 36.5 percent to 2.9 million tons.    

　　4. Edible oilseeds imports increased by 6.7 percent to 88.6 million tons while exports increased by 26.6 percent to 0.8 million tons.    

　　5. Edible vegetable oil imports decreased by 25.9 percent to 5.4 million tons, while exports also decreased by 13.4 percent to 122 thousand tons.

　　6. Vegetables exports dropped by 1.9 percent to $13.4 billion and imports increased by 7.3 percent to $0.84 billion. Trade surplus shrank by 2.4 percent to $12.6 billion.    

　　7. Fruits exports increased by 24.0 percent to $5.7 billion while imports increased by 2.9 percent to $15.7 billion. Trade deficit shrank by 6.2 percent to $10.0 billion.    

　　8. Livestock products imports decreased by 16.8 percent to $29.4 billion while exports increased by 5.3 percent to $4.8 billion. Trade deficit shrank by 20.0 percent to $24.7 billion.    

　　9. Fisheries and aquaculture products exports decreased by 1.8 percent to $14.8 billion, and imports decreased by 5.8 percent to $16.9 billion, resulting in a trade deficit shrank by 26.7% to $2.1 billion.