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Chinese ag exports rise while others fall

Exports slid in February after three months of increases but exports of agriculture products rose for the fourth straight month and saw a rise of 13.9% totaling $2.85 billion compared to the previous year. The Commerce Ministry yesterday reported that exports fell by 2.8% year-on-year in February to US$8.47 billion after rising 8.8% in January, 6.2% in December and 10.2% in November.

Pimchanok Vonkorpon, director-general of the ministry's trade policy and strategy office, said February exports showed a decline because figures in February 2016 were relatively high.

Exports of agricultural and agribusiness products rose for the fourth straight month in February, up 13.9% year-on-year at $2.85 billion. Agricultural products were boosted by fresh and processed fruits and vegetables (+23.3%), fresh and processed shrimp (+58.7%) and rice (+6.1%).

source: bangkokpost.com

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