Food Products

Data showed:

. Chinese exports of agri-food commodities amounted to USD 64.83 billion in 2019.
It increased by 85% in comparison to 2005.
The share of China in global agri-food exports was equal to 4.1%
. The volume of exports amounted to 45.13 million tons and increased by 34% in comparison to 2005
. Agri-food commodities are responsible for approx. 7% of the total volume of Chinese exports and only 2.5% of their value
. The total volume of exports of animal products by China to increase by 3.6% in 2020 and 5.2% in 2021. The volume of exports of beverages and oils is forecasted to increase by 4.3% in 2020 and 4.4% in 2021. For vegetables, the volume is predicted to increase by 3.0% in 2020 and 5.8% in 2021
. Top destinations for Chinese exports of animal products (real value in USD) include Japan, the United States, Hong Kong, South Korea, and Germany
. Top destinations for Chinese exports of beverages and oils are located mostly in East Asia and include Hong Kong SAR, North Korea, Malaysia & South Korea. The fifth in the ranking is the Netherlands
. Top destinations for Chinese exports of vegetable products (the most important group in terms of real value) include Japan, Vietnam, Hong Kong SAR, the United States, South Korea

 

Background information

China with a population of 1,439,323,776 is the biggest country in the world with a total share of 18.5%. Due to its size, China is the second largest importer of agri-food products after the US. Its imports amounted to USD 142 billion in 2019 which was responsible for 6.4% of global imports. At the same time, China is one of the main exporters of agri-food products. In 2019 China (mainland) was the sixth largest exporter of agri-food commodities after the US, Brazil, the Netherlands, Germany, and France. Its share in the global exports of agri-food commodities was equal to 4.1%.
Based on the above data and information, the main food markets of China are in Asia, Southeast Asian countries, and some special demand markets.

 

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