Agriculture Reference
In-Depth Information
Processed agricultural products
The group of processed agrcultural products has been the largest
commodity group in China's agricultural exports. Following entry into
the WTO, the export value of processed agricultural products has risen
sharply, from US$5.74 billion in 2001 to US$11.12 billion in 2005—an annual
average growth rate of 15.3 per cent. As a result, its share in China's total
agricultural exports increased from 32.9 per cent in the period of 1992-2001
to 40.2 per cent in the period of 2002-05.
Within this group, exports have been dominated by two product
categories, namely the preparations of meat and fish, and the preparations
of vegetables and fruts. The export value of the preparatons of meat
and fish increased from US$2 billion in 2001 to US$3.9 billion in 2005. The
export value of the preparatons of vegetables and fruts has ncreased
from US$1.5 billion in 2001 to US$2.8 billion in 2005, an increase of 88 per
cent. Ther combned share n the export value of processed agrcultural
products has increased from 48.8 per cent in the period of 1992-2001 to
63 per cent in the period of 2002-05. Moreover, their combined share in
Chna's total agrcultural exports ncreased from 16 per cent n the earler
period to 25.3 per cent in 2002-05.
Anmal products
The group of anmal products has been the second largest commodty group
n Chna's agrcultural exports. The exportng of anmal products has also
been increasing steadily since China's accession, up from US$4.5 billion in
2001 to US$6 billion in 2005—an average annual growth rate of 7.5 per cent.
However, because of the larger share and faster growth of the exports of
processed agricultural products, the export share of animal products in
Chna's total agrcultural exports has declned margnally.
In this group, aquatic products have been the most important component,
followed by meats, products of animal origin, and live animals. After 2001,
exports of aquatic products increased very fast. Consequently, the share
of aquatic products in total exports of animal products increased from 48
per cent during 1992-2001 to 62.5 per cent during 2002-05. As a result, the
shares of other anmal products have declned.
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