According to the Customs, from January to October 2024, China's import and export value of agricultural products amounted to 263.91 billion USD, down by 3.9% y/y. Among that, the export value was 82.66 billion USD, up by 2.8%. The import value was 181.25 billion USD, down by 6.7%. Trade deficit reached 98.58 billion USD, down by 13.5%.
In October 2024, China's import and export value of agricultural products amounted to 25.23 billion USD, up by 0.3% y/y. Among that, the export value was 9.19 billion USD, up by 10.9%. The import value was 16.04 billion USD, down by 4.9%. Trade deficit reached 6.85 billion USD, down by 20.2%.