Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China sees recovery of food export in first quarter
Adjust font size:

China's foodstuff export recovered in the first quarter of this year, despite seeing a nearly 25 percent fall in exports to Japan after a food scare.

Between January and March, China sold 6.59 million tonnes of food abroad, a growth of 11.6 percent on the same period of last year, sources with the General Administration of Customs said on Wednesday. The exports were valued at 7.58 billion U.S. dollars, up 10.7 percent, the sources added.

In March alone, the exports were 2.36 million tonnes, or 2.41 billion U.S. dollars worth, up 21.7 percent and 16.3 percent respectively.

ASEAN members, Hong Kong, the European Union and Japan bought 57.2 percent of the Chinese mainland's food exports in the first three months.

In breakdown, the mainland sold 1.27 million tonnes of foodstuffs to ASEAN members from January to March, up 24.6 percent, 965,000 tonnes to Hong Kong, up 24 percent, and 894,000 tonnes to the European Union, up 29.2 percent.

However, the food exports to Japan declined, largely because of the dumpling poisoning incident that led 10 people to fall sick in Japan in late January.

China sold 647,000 tonnes of foodstuffs to Japan in the first three months, down 24.1 percent from a year earlier.

Of China's total food exports, private businesses made up for 3.33 million tonnes, or 50.5 percent, and foreign-funded companies accounted for 2.21 million tonnes, or 33.5 percent.

(Xinhua News Agency May 21, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Pork export declines sharply in 1st 2 months
- Export slowdown in a reasonable zone: Minister
- Declining export growth to slow China's 2008 GDP increase
- Chinese export food factories open to Japanese media
Most Viewed >>
- China 17th competitive economy, study finds
- Bank offers cut-price loans for earthquake reconstruction
- Auto China 2008 staged in Beijing
- Iron ore stockpiles blocking up ports
- Car models at Auto China 2008
- 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?