China's farm produce trade deficit expands in Jan-July
Xinhua | Updated: 2019-09-08 08:52
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.
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