China's produce trade in 2020 was generally better than expected, and domestic demand supported the steady growth of imports.
Customs data show that the total import and export value of produce for the year was US$246.84 billion, an increase of 8.1% over the previous year.
The import value was US$170.80 billion, showing an increase of 14.0% over the previous year; the export value was US$76.03 billion, showing a decrease of 3.2% over the previous year.
The trade volume in June, September, and March ranked top in terms of year-on-year growth, and the absolute trade volume in December was the highest in the year.
In terms of major export categories, the total export volume of vegetables was 10.17 million tons, showing an increase of 3.9% over the previous year. The year-on-year growth rate in April and May was high, and November, December and May ranked top in terms of the volume of vegetable exports.
In terms of major import categories, the total import volume of fresh and dried fruits and nuts was 6.52 million tons, down 8.0% from the previous year, and the total net import volume was 2.64 million tons, down 24% from the previous year. In the first three quarters, fresh and dried fruits and nuts remained a net import, and became a net export in the fourth quarter.
Source: Distribution Industry Promotion Center, Ministry of Commerce