China's import and export of trade in goods reached 12.1 trillion yuan in the first five months of this year, increasing 4.1 percent year-on-year, according to … It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Promote Freedom to Trade. China imports agricultural inputs to ensure food security for its large population. • The top U.S. import commodities from China are fruits and vegetables (fresh/processed), snack food, spices, and tea – the combined which accounts for nearly one -half of the total U.S. agricultural imports from China. This year, however, the United States has been imposing tariffs on China, and in response, China has imposed retaliatory tariffs on the United States. Looking forward, we estimate Imports of Agricultural Products in China to stand at 9512836.14 in 12 months time. By applying the principles outlined in this Backgrounder, agricultural trade between China and the United States will continue to flourish. China is the world’s largest importer of soybeans and cotton, accounting for 60% of global soybean imports and 40% of cotton imports. The U.S. Department of Agriculture’s (USDA’s) Economic Research Service (ERS) explains, “With the productivity of U.S. agriculture growing faster than domestic food and fiber demand, U.S. farmers and agricultural firms rely heavily on export markets to sustain prices and revenues.”REF, Based on volume, agricultural exports averaged about 22 percent of agricultural production from 2014 to 2016.REF For certain agricultural products, exports are even more important. China had caused the deaths of a large num ber of dogs and cats. We currently export more agricultural products than we import, with around 65 per cent of Australia's total agricultural production sent overseas. Chinese imports of U.S. agricultural goods rose 44.4% in the first three quarters of the year from a year ago, to 91.39 billion yuan. From 2002 to 2016, the value of China’s total agricultural imports (those with HS code 1~24, and 51~53) grew from $15.8 billion to $113.8 billion (UN Comtrade Database), and imports from the U nited States grew from $2.4 billion to $25.2 billion. In 2018, the top partner countries from which China Imports Food Products include France, United States, Netherlands, Australia and Peru . The steep decline in exports to China was driven by trade disputes between the U.S. and China that led to a steep reduction in oilseed exports among other commodities. China agricultural imports . Food and Agriculture Organization of the United Nations. As the U.S. works through trade challenges with China, this principle of freedom to trade should be front and center. Japan also imports textiles ($24.7 billion) and metals ($9.58 billion) Over the last five years, exports from China have increased 11.8% annually. We need to sell our product. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Instead of imposing self-defeating tariffs, the United States should be looking to tear down barriers. They have also made it clear that trade, not farm aid, is what they want. Yet the Trump Administration has proposed to provide as much as $12 billion in aid to farmers to help offset the harm caused by tariffs. The top product import tariffs by their MFN Ad Valorem value for Costa Rica are Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen (80.9%) and Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, fresh or chilled (80.7%).. Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country. This report is the China Food and Agricultural Import Regulations and Standards (FAIRS) Working Index. Exports enable farmers and ranchers to sell their goods to new markets, helping them to increase revenue and build stronger businesses. In 2015, China imported grains worth $9.3 billion and fruits and nuts of $6 billion. Due to its size China is the second largest importer of agri-food products after the US. China is one of the primary agricultural trade partners for the United States. —Daren Bakst is Senior Research Fellow in Agricultural Policy in the Thomas A. Roe Institute for Economic Policy Studies, of the Institute for Economic Freedom, at The Heritage Foundation. Imports of Agricultural Products by Country, China Manufacturing Growth at 11-Month Low: Caixin, China Non Manufacturing PMI Highest in 4 Months: NBS, China Manufacturing Growth at 3-Month High: NBS, China Industrial Profits Soar in January-February, China Keeps Benchmark LPR Steady for 11th Month, China's Economic Recovery Not Solid Yet: NBS, China Industrial Output Growth Beats Estimates, China Retail Sales Soar 33.8% in January-February, Kosovo GDP Annual Growth Rate at 0.7% in Q4, Bosnia Retail Sales Fall Less in February, US 10-Year Treasury Yield Rises on Strong Jobs Report, US Futures Extend Gains after Upbeat Payrolls, US Unemployment Rate Falls to 1-Year Low of 6%, US Average Hourly Earnings Drop 0.1% MoM in March. This could mean long-term harm that could undermine the trade gains that have already been achieved by the agricultural sector. Map 1 shows that China, in 2017, was the top agricultural export market for eight states and a top five market for 38 states.REF, As shown in Chart 5, agricultural imports from China were $458.6 million ($706.1 million in 2017 dollars) in 1993. Its imports amounted to USD 142 billion in 2019 which was responsible for 6.4% of global imports. In 2014, China imported $1.53 trillion worth of goods, placing China as the second largest importer in the world. Instead of imposing self-defeating tariffs, the United States should be looking to tear down barriers. For example, exports accounted for over 70 percent of the volume for both cotton and tree nuts (primarily almonds) and over 50 percent for wheat and rice.REF From an economy-wide perspective, according to the ERS, in 2016, agricultural exports created an additional $172 billion in economic activity and over 1 million full-time jobs.REF, Imports. During that same time, agricultural imports increased from $25.1 billion ($38.7 billion in 2017 dollars) in 1993 to about $118.1 billion in 2017.REF, Exports. It also details some specific principles to inform how the U.S. should move forward with agricultural trade with China, so that—at a minimum—the many benefits that the U.S. currently enjoys from agricultural trade are not threatened. For trade negotiators, predictability should be a major objective. It is a working index of major regulations and standards pertaining to food and agricultural imports, some of which have been translated by the Office of Agriculture Affairs of the U.S. Embassy in Beijing and submitted as individual GAIN reports. Recognize that Temporary Tit-for-Tat Trade Disputes Can Cause Significant Harm. There is much at stake for agricultural producers and American families as a result of the current trade dispute with China. In the long-term, the China Imports of Agricultural Products is projected to trend around … As explained by the USDA, “China offers our best opportunity for major export growth in the future.”REF. And Wall Street Journal writers Jacob Bunge and Kirk Maltais reported earlier this week that, “The U.S. government is marketing the nation’s crops and meat in smaller countries as Washington and Beijing continue to spar over trade. As the United States closes off opportunities, agricultural producers from other countries will be more than happy to meet demand in China. Further, high food prices have a disproportionate impact on low-income households. The United States should focus more on using the World Trade Organization (WTO) dispute-settlement process instead of relying on tariffs. China is both a leading agricultural export market and leading source of agricultural imports for the United States. Agricultural imports provide significant benefits to American consumers. To contact us: estat-user-support@ec.europa.eu. Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Origins: In October 2020 the exports of China were mainly from Guangdong Province ($40.4B), Jiangsu Province ($30.9B), Zhejiang Province ($21.9B), Shandong Province ($18.1B), and Shanghai Province ($13.8B), while imports destinations were mainly Guangdong Province ($32B), Shanghai Province ($27.5B), Beijing ($21.2B), Jiangsu Province ($20.2B), and Shandong Province ($11.3B). That’s a bad idea and not a real strategy to fight Chinese cheating.”REF. • The U.S. imported $4.6 billion in agricultural products from China in 2017. and Even assuming the tariffs on China are a temporary measure to achieve a larger trade objective, there is significant harm being done in the interim. Export Data by Agricultural Products. Japan is a highly industrialized, high income Twenty-five years later, in 2017, this number had grown to $4.3 billion.REF China was the United States’ fourth-largest supplier of agricultural imports in 2017.REF. China’s agricultural imports, a very con - centrated portfolio. The proportion of imports constituting farming related products was 4% of the total imports. U.S. Promote More—Not Less—Trade. India's Agri and allied Import from China 39.96 48.71 Source: Department of Commerce 2) Potential agriculture items of India’s export to China China imports the following agriculture items from other countries in the world which India has also potential to export. This Backgrounder provides a picture of what is at stake from this tit-for-tat trade dispute with China by highlighting the importance of U.S. agricultural trade with China at both a national and state level. Agricultural Trade with China: What’s at Stake for American Farmers, Ranchers, and Families, 5 Things to Know About Agriculture Amnesty Bill, No, We Don’t Need to Transform the American Food System, Lawmakers Should Reject Meat Lobby Efforts to Hold Back Plant-Based Alternatives. It is the world’s 2nd largest agriculturalgoods importer and 7th largest exporter. China was the United States' largest supplier of goods imports in 2019. In late June 2007, the U.S. Food and Drug Administration (FDA) announced that it was detaining all imports of farm-raised seafood from China un til shippers could confirm they are free of unapproved drug residues. In 1993, agricultural exports were about $43 billion ($66.1 billion in 2017 dollars)—and by 2017 had increased to $138.3 billion. Trade is often discussed in connection with how it affects countries, but, as a general matter, trade is truly about the freedom of individuals and businesses to voluntarily exchange goods and services with customers.REF American farmers and ranchers, just like other businesses, should be free to sell to customers all over the world. China's exports fell 6.6% in March from a year ago, while imports slipped 0.9% in the same month, data from the General Administration of Customs showed on Tuesday. ”China at a glance.” Accessed August 21, 2020. This gave the country a trade surplus of $834 billion. There is much at stake for agricultural producers and American families as a result of the current trade dispute with China. China has targeted numerous agricultural products through retaliatory tariffs, including soybeans, grain sorghum, pork, fish, and shellfish.REF. China with the population of 1,439,323,776 is the biggest country of the world with a total share of 18.5%. China mainly imports agricultural inputs such as cereals, fruits, and nuts. China’s total imports of grains, including wheat, barley, corn, rice, sorghum and soybeans, jumped 80.6 per cent by volume in June. China had a total export of 2,494,230,194.97 in thousands of US$ and total imports of 2,134,982,614.99 in thousands of US$ leading to a positive trade balance of 359,247,579.98 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for China is 3.39% and the Most Favored Nation (MFN) Weighted Average tariff is 4.27%.The trade growth is 2.31% compared to a world growth … Imports. China has targeted numerous agricultural products through retaliatory tariffs, including soybeans, grain sorghum, pork, fish, and shellfish. The U.S. has been doing the exact opposite: first, do harm. conditions of competition in China’s agricultural market and trade, as well as their effects on U.S. agricultural exports. The lowest-income households spend 33.0 percent of their after-tax income on food whereas the highest-income households spend only 8.7 percent.REF By making food more affordable, including for staple items like fruits and vegetables, agricultural imports particularly help low-income households. Asoutlined in the 13th 5 Year-Plan and in President Xi Jinping’s rep… China’s agricultural imports in 2019 were pegged at $13.8 billion (USD), up from $9.1 billion in 2018, according to the U.S. Department of Agriculture. This may not just be a short-term problem. As Chart 1 shows, both U.S. agricultural exports and imports have increased dramatically. The largest U.S. agricultural export to China (in terms of value) was soybeansREF totaling over $12.3 billion in 2017.REF In fact, soybeans were by far the largest agricultural export.REF They accounted for 63 percent of all U.S. agricultural exports to China. Exporter Guide to China: This report targets those who are completely new to exporting to China. U.S. Department of Agriculture. Publish your articles and forecasts in our website. See Chart 3. Agricultural producers have been stressing the importance of trade. China’s agricultural imports exceeded $140 billion in 2017. According to the U.S. Department of Agriculture, 95 percent of the world’s consumers live outside the United States.REF Imports make it possible for Americans and their families to purchase more affordable, better-quality agricultural products—such as staple items like fruits and vegetables—more readily throughout the year. U.S. goods imports from China are up 342% from 2001 (pre-WTO accession). The Trading Economics Application Programming Interface (API) provides direct access to our data. China’s tree nut imports have sustained a 26-percent annual trend growth since 2001, reaching $2.8 billion in 2019. China is a major agricultural export market for the United States that has grown tremendously over the past 25 years. It is also a critical market, as farmers and ranchers look to increase their exports in the future. Now, some in Washington instead want to pay them to lose. Prospects for a rebound in U.S. agricultural exports remain constrained by China’s increasingly opaque and unresponsive legal system and the additional import tariffs China assessed on many U.S. food and agricultural products in response to the United States’ 232 and 301 trade actions. Production (and consumption) of agricultural plant commodities has a diverse geographical distribution. China . Imports; Region Percentage North Korea: 90.3% Kyrgyzstan: 37.8% Macau: 36.7% Cambodia: … The United States should be seeking to increase agricultural trade with China, not imposing tariffs that will undermine agricultural trade. As shown in Chart 2, U.S. exports to China have gone from $376.2 million in 1993 ($579.3 million in 2017 dollars) to $19.5 billion in 2017. Imports To China . Senate Agriculture Committee Chairman Pat Roberts (R–KS), stated in April, “We don’t need another subsidy program. It is also a critical market, as farmers and ranchers look to increase their exports in the future. China is one of the world’s top producers of livestock, grains, rice andother agricultural goods. Agricultural Trade with C hina – Export and Import (Billion $) Over the past 10 years, U.S. exports to China have gone from $12.1 billion ($13.7 billion in 2017 dollars) in 2008 to $19.5 billion in 2017.REF, China’s market share of U.S. agricultural exports now rivals Canada and Mexico. The United States is the largest supplier with a market share of 30 percent, followed by Australia (14 percent) and Vietnam (12 percent). Even if there were no tariffs, but merely threats of tariffs, this would be a problem. Senior Research Fellow in Regulatory Policy Studies. China is both a leading agricultural export market and leading source of agricultural imports for the United States. The United States should be seeking to increase agricultural trade with China, not imposing self-inflicted harmful policies (i.e., tariffs) that will undermine agricultural trade. Utilize the WTO Dispute-Settlement Process. Export Data by States. Before 2018, China had been the largest or second largest market for agricultural goods each year since 2008. For farmers, China’s retaliatory tariffs will make it more difficult for them to rely on the Chinese export market. Food and Agricultural Import Regulations FAIRS Country Report: This report identifies key regulations by commodity sector and level of processing. Gabriella Beaumont-Smith. Chart 4 provides a breakdown of destinations for U.S. soybean exports. Table 1 lists 10 major agricultural products that have significant exports to China.REF For each of the products listed, China is a top-five agricultural export market. agricultural exports, China, has a slightly smaller share of the total with 16.1 percent, so the concentration risk in a single country has been reduced but it is a different country than in 1990. There are several principles that should inform how the U.S. engages in agricultural trade, including agricultural trade with China. By applying the outlined principles, agricultural trade between China and the United States will continue to flourish. The meeting of the leaders of the four countries marks an important milestone in the development of the ‘Quad’ as a regional mechanism. Government-imposed barriers, such as tariffs, undermine these freedoms. Imports of Agricultural Products in China is expected to be 9512836.14 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Further information is provided in the Statistics Explained article Extra-EU trade in agricultural goods. Farmers want to feed the world and win with trade. It is merely adopting bad policy to help offset the harm of bad policy. We need a major sale.”REF Senator Ben Sasse (R–NE) has argued, “We want more trade, not less. Agricultural trade provides many benefits to American farmers, ranchers, and consumers. Imports for some agricultural products are critical because consumer demand exceeds domestic production capabilities.REF As an example, the ERS explains that “[o]ver 95 percent of coffee/cocoa/spices and fish/shellfish products consumed in the United States are imported.”REF, The Office of the United States Trade Representative has explained: “It’s important to remember that United States agricultural imports benefit consumers with lower prices and expanded choices.”REF The ERS notes that “U.S. The Importance of Agricultural Imports from China As shown in Chart 5, agricultural imports from China were $458.6 million ($706.1 million in 2017 dollars) in … (In recent years, China has been swapping the top spot with Canada. Direct access to our calendar releases and historical data. In fact, China was the second-largest export market for the United States in 2017, behind Canada, accounting for 14 percent of U.S. agricultural exports.REF Just one year earlier, in 2016, China was the largest agricultural export market for the United States. For consumers, this means higher prices. The American Soybean Association, which represents soybean producers who will likely feel the brunt of Chinese retaliation,REF has stated: First, Do No Harm. China continues to place strong importance on its agricultural sector. For seven of the products, at least 10 percent of the exports went to China in 2017.REF “Coarse grains,” as listed in the table—which almost exclusively includes grain sorghum and excludes corn—had the largest share of its exports go to China (75 percent) compared to the other products listed. In fact, one of the most important benefits of the WTO is having a legal venue to challenge foreign trade barriers. Further, consumers should be free to purchase goods and services that best meet their needs, regardless of national origin. U.S. goods imports from China totaled $451.7 billion in 2019, down 16.2% ($87.6 billion) from 2018, but up 52.4% from 2009. Daren Bakst It provides an overview of (a) China’s agricultural imports, exports, consumption, and production during 2005–09; (b) Chinese government Gabriella Beaumont-Smith is Policy Analyst for Macroeconomics in the Center for Data Analysis, of the Institute for Economic Freedom. The United States exported 57 percent of its soybeans to China. consumers benefit from imports because imports expand food variety, stabilize year-round supplies of fresh fruits and vegetables, and temper increases in food prices.”REF In a recent report, the CRS highlights perceived market benefits of fruit and vegetable imports, such as “lowering costs (given a wider supply network)” and “improving eating quality.”REF. There had been a constantREF mantra from many in the agricultural community regarding the North American Free Trade Agreement renegotiations, including USDA Secretary Sonny Perdue: “Do no harm.”REF This important principle has certainly been ignored when it comes to China. China is a major agricultural export market for the United States that has grown tremendously over the past 25 years. Download historical data for 20 million indicators using your browser. For many American farmers and ranchers, exports are a necessity because they produce more than they can sell domestically. FAIRS Export Certificate Report: This report identifies commodity and facility certification requirements. )REF, For agricultural exports, China will continue to be an important market with great potential. In 2016 the value of Australia's agriculture exports was $44.7 billion – approximately 14 per cent of our total goods and services exports. This aid does nothing to improve trade conditions. 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