Farm Product Foreign Trade in Aug. 2013

By CnAgri2013-10-18 11:36:22 Print According to the Customs, China’s farm product imports and exports valued $10.43 billion and $5.42 billion respectively in Aug., incurring a deficit of $5.01 billion, up 14.4%, 8% and 22.2% respectively on the year-on-year basis. Farm product import value accounted for 6.43% of the nation’s total import value and farm product export value 2.8% of the nation’s total export value in Aug.
 
Imports of grains, soybeans and tuber crops totaled 7.8 million MT in Aug., valuing $4.35 billion, up 23.4% and 29.5% respectively on the year-on-year basis. The imports consisted of 920,000 MT grains, 6.37 million MT soybeans and 510,000 MT others, down 32%, up 44.1% but down 5.6% respectively on the year-on-year basis.
 
Grains, soybeans and other kinds of grains were brought in at $355/MT, $609/MT and $282/MT respectively, up 6.5%, down 1.5% and down 12.4% respectively on the year-on-year basis.
 
Of the imports of other kinds of grains, 471,000 MT were tapioca, brought at $254/MT, down 7.3% but up 3% respectively on the year-on-year basis. 443,100 MT of them came from Thailand and 28,100 MT from Vietnam.
 
Sorghum imports registered 172,500 MT in Aug., mostly imported from Australia.




From “China Grains Market Weekly Report”