Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Edible oil trade hits 8.6 mln tons in 2007
Adjust font size:

China's edible oil trade hit 8.6 million tons in 2007, up 20.5 percent year on year, according to the latest statistics released by the General Administration of Customs.

The trade was valued at 6.4 billion U.S. dollars, an annual surge of 87.2 percent, said the administration.

China imported 8.4 million tons of edible oil in 2007, up 25.2 percent year on year. It also exported 166,000 tons, down 58.3 percent.

The import surge is chiefly driven by increasing domestic prices, explained the administration.

Malaysia exported 3.6 million tons to China, an annual increase of 7.2 percent while Argentina exported 2.3 million tons, up 79.9 percent year on year.

(Xinhua News Agency March 3, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Edible oil consumption to hit 22.5 mln tons in 2008
- China to ensure grain, edible oil supplies
- Pork, edible oil supply to be ensured
- Major edible oil makers urged to stabilize prices
- Edible oil auction to help ease holiday price hikes
Most Viewed >>
- Snow crisis triggers reconstruction boom
- Nation vows full protection of IPR
- China produces 2.52 bln tons of raw coal in 2007
- Three-way economic zone under discussion
- Policy bank to gradually go commercial

May 15-17 Shanghai Women's Forum Asia

Dec. 12-13 Beijing China-US Strategic Economic Dialogue

Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?