In 2024, China's balance of trade in agricultural products indicated a trade deficit of approximately 112.15 billion U.S. dollars. The trade deficit has increased considerably over the last two decades.
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Exports of Agricultural Products in China increased to 14831496.56 USD Thousand in February from 9399700.33 USD Thousand in December of 2023. This dataset includes a chart with historical data for China Exports of Agricultural Products.
In 2024, China exported approximately 9.2 billion U.S. dollars worth of agricultural products to Hong Kong. The largest share of agricultural exports from China was shipped to other Asian countries or regions.
Note: Updates to this data product are discontinued. The China agricultural and economic database is a collection of agricultural-related data from official statistical publications of the People's Republic of China. Analysts and policy professionals around the world need information about the rapidly changing Chinese economy, but statistics are often published only in China and sometimes only in Chinese-language publications. This product assembles a wide variety of data items covering agricultural production, inputs, prices, food consumption, output of industrial products relevant to the agricultural sector, and macroeconomic data.
In 2024, China imported approximately 27.5 billion U.S. dollars worth of agricultural products from the United States. After an impressive rebound in 2020 and 2021, agricultural imports from the U.S. declined again in 2023 and 2024.
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China Import: Agriculture Product data was reported at 13.745 USD bn in Mar 2025. This records a decrease from the previous number of 13.747 USD bn for Feb 2025. China Import: Agriculture Product data is updated monthly, averaging 10.231 USD bn from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 22.879 USD bn in May 2023 and a record low of 2.014 USD bn in Feb 2007. China Import: Agriculture Product data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JA: USD: Import by Major Commodity: Value.
In 2024, imports of agricultural products in China decreased by 7.9 percent, reaching a total value of approximately 215.2 billion U.S. dollars. Over the last 15 years, imports of agricultural imports to China indicated higher growth rates than exports for most of the years.
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China Agricultural Product Price Index 200: Wholesale: Food Basket data was reported at 97.300 2015=100 in 22 Jul 2018. This records an increase from the previous number of 95.460 2015=100 for 15 Jul 2018. China Agricultural Product Price Index 200: Wholesale: Food Basket data is updated daily, averaging 99.910 2015=100 from Jan 2017 (Median) to 22 Jul 2018, with 80 observations. The data reached an all-time high of 119.630 2015=100 in 25 Feb 2018 and a record low of 91.630 2015=100 in 16 Jul 2017. China Agricultural Product Price Index 200: Wholesale: Food Basket data remains active status in CEIC and is reported by Ministry of Agriculture and Rural Affairs. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Wholesale: Weekly.
In 2024, edible vegetables with a value of about 12.35 billion U.S. dollars were exported from China. The total export value of agricultural products from China amounted to 103 billion U.S. dollars that year.
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China Agricultural Product Price Index: Wholesale: Vegetable data was reported at 104.300 Prev Week=100 in 22 Jul 2018. This records an increase from the previous number of 103.000 Prev Week=100 for 15 Jul 2018. China Agricultural Product Price Index: Wholesale: Vegetable data is updated daily, averaging 100.000 Prev Week=100 from May 2010 (Median) to 22 Jul 2018, with 386 observations. The data reached an all-time high of 113.600 Prev Week=100 in 31 Jan 2016 and a record low of 89.300 Prev Week=100 in 04 Mar 2018. China Agricultural Product Price Index: Wholesale: Vegetable data remains active status in CEIC and is reported by Ministry of Agriculture and Rural Affairs. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Wholesale: Weekly.
Comprehensive import/export records and shipment data
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China Agricultural Product Price Index: Wholesale: Aquatic Product: Crucian data was reported at 100.700 Prev Day=100 in 27 Jul 2018. This records an increase from the previous number of 99.900 Prev Day=100 for 26 Jul 2018. China Agricultural Product Price Index: Wholesale: Aquatic Product: Crucian data is updated daily, averaging 100.100 Prev Day=100 from Sep 2011 (Median) to 27 Jul 2018, with 1697 observations. The data reached an all-time high of 104.500 Prev Day=100 in 20 Oct 2011 and a record low of 95.200 Prev Day=100 in 16 Nov 2017. China Agricultural Product Price Index: Wholesale: Aquatic Product: Crucian data remains active status in CEIC and is reported by Ministry of Agriculture and Rural Affairs. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Wholesale: Daily.
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China and Australia signed the Free Trade Agreement (ChAFTA) in 2015, which aims to eliminate or reduce trade barriers between countries through tariffs or quotas. Eliminating trade barriers has expanded China’s agricultural imports from Australia. ChAFTA will strengthen the trade relationship between the two countries, enabling agricultural product imports to have a trade creation effect. This article systematically evaluates the trade effects of ChAFTA on the scale of China’s agricultural product imports based on data from 2000 to 2020. Two statistical methods, Ordinary Least Squares (OLS) and Poisson Pseudo Maximum Likelihood (PPML) are applied to estimate the trade effects of agreements. Empirical studies have shown that ChAFTA has a significant trade creation effect on China’s agricultural product imports, while the trade diversion effect is insignificant. When time fixed effects and export country fixed effects are controlled, the PPML method exhibits stronger explanatory power compared to OLS and the estimated trade creation effect is more significant. The empirical research results remain robust even after considering the impact of WTO. There are no endogeneity issues in the results after adding lead variables. By incorporating lagged terms, we find there is no phase-in effect. Empirical research on heterogeneity analysis of agricultural product classification found that ChAFTA had the most significant impact on the import of forest products and aquatic products, followed by textiles and agricultural products.
In 2024, agricultural products with a cumulated value of approximately *** billion U.S. dollars were exported from China, an increase of *** percent compared to the previous year. Generally, the value of agricultural imports to China is considerably higher than that of exports.
In 2024, the import volume of meat and innards to China decreased by approximately 9.7 percent after dropping by 0.3 percent in the previous year. This was due to a significant decline in pork imports. Meanwhile, imports of aquatic products increased by 10.6 percent in volume in 2023 but decreased by 3.6 percent in 2024.
In 2024, China exported approximately **** billion U.S. dollars worth of agricultural products to other Asian countries or territories. Exports to Hong Kong amounted to around **** billion U.S. dollars that year.
In 2024, China exported approximately 9.2 billion U.S. dollars worth of agricultural products to Hong Kong. The largest share of agricultural exports from China was shipped to other Asian countries or regions.
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Real-time trade data, shipment records, and business intelligence
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The Chinese agricultural product dryer market shrank modestly to $83M in 2024, which is down by -4.1% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $160M. From 2017 to 2024, the growth of the market remained at a somewhat lower figure.
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Forecast: Import of Dryers for Agricultural Products to China 2024 - 2028 Discover more data with ReportLinker!
In 2024, China's balance of trade in agricultural products indicated a trade deficit of approximately 112.15 billion U.S. dollars. The trade deficit has increased considerably over the last two decades.