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China's farm produce trade deficit expands in Jan-July

Sep 08. 2019
Citizens in Zhengzhou buy pork at a local supermarket, Jan 27, 2019. [Photo/IC]
Citizens in Zhengzhou buy pork at a local supermarket, Jan 27, 2019. [Photo/IC]
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By China Daily/ANN

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BEIJING - China posted a larger trade deficit in farm produce in the first seven months of 2019, official data showed.

Farm produce trade deficit increased 13.7 percent year on year to reach $41.5 billion in the January-July period, according to the Ministry of Agriculture and Rural Affairs.

Imports stood at $84.8 billion, up 4.4 percent year on year, while exports dipped 3.1 percent to $43.3 billion.

Total trade in farm produce grew 1.7 percent year on year to $128.1 billion in the period, the ministry said on its website.

http://www.chinadaily.com.cn/a/201909/08/WS5d7450e3a310cf3e3556a522.html

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