According to the Customs, from January to November 2024, China's import and export value of agricultural products amounted to 289.46 billion USD, down by 4.3% y/y. Among that, the export value was 92.47 billion USD, up by 3.3%. The import value was 196.99 billion USD, down by 7.4%. Trade deficit reached 104.52 billion USD, down by 15.2%.

In November 2024, China's import and export value of agricultural products amounted to 25.57 billion USD, down by 7.7% y/y. Among that, the export value was 9.81 billion USD, up by 7.4%. The import value was 15.75 billion USD, down by 15.1%. Trade deficit reached 5.94 billion USD, down by 37%.