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Agricultural products export growth slows down in 2008
By Tong Hao (chinadaily.com.cn)
Updated: 2009-02-11 18:04 China's agricultural products exports rose 9.8 percent year-on-year in 2008 to $40.19 billion, the General Administration of Customs said on Wednesday. According to the statistics, export growth declined 8.2 percentage points from a year earlier. Exports in the last two months of 2008 fell 6.9 percent and 7.2 percent to $3.47 billion and $3.76 billion respectively over the same period of 2007.
Vegetables accounted for most of the exports in 2008 and rose by 3.7 percent to $6.44 billion. Exports of marine and livestock products grew 9 percent and 8.5 percent to $5.18 billion and $4.38 billion respectively. Fruit exports increased 12.8 percent to $4.23 billion, while grain exports fell 64.5 percent to $780 million. Exports of edible seed oil during the period were $410 million, nearly 1.4 times the figure in 2007. Foreign-invested enterprises constituted 42.5 percent of the total pie and saw a 10-percent growth in exports to $17.1 billion. Exports by private enterprises rose 24.6 percent to $14.49 billion and accounted for 36.1 percent of the total. However, exports by State-owned enterprises fell 11.1 percent to $7.07 billion. Japan remained the largest market for China's agricultural product exports. The country imported $7.67 billion worth of agricultural products from China, or 19.1 percent of the total, an 8 percent decrease, however. Exports to the European Union, the United States and the Association of Southeast Asian Nations were $6.44 billion, $5.12 billion and $4.57 billion respectively, and the growth rate were 17.6 percent, 16.8 percent and 16.2 percent. (For more biz stories, please visit Industries)
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