Agriculture Reference
In-Depth Information
Raw materials for textiles
Finally, China's exports of the commodity group of raw materials for
textles have been small. Both the export value and the export share of
ths commodty group n Chna's total agrcultural exports have declned
substantally snce ts WTO accesson. The export value has declned from
around US$0.6 billion annually over 1992-2001 to around US$0.35 billion
annually in 2002-05. As a result, the export share of this commodity group
in China's total agricultural exports has fallen from 4 per cent in 1992-2001
to 1.75 per cent in 2002-05.
Within this group, silk has been the largest export commodity for a long
time. However, silk exports have been declining since the mid 1990s. The
export values of cotton and raw hdes have declned substantally snce
2001.
Agricultural imports, by commodity grouping
Chna's mports of agrcultural products are overwhelmngly domnated
by cereals, vegetable oilseeds and vegetable oils, followed closely by
raw materials for textiles (Figure 11.3). The imports of animal products,
processed agricultural products, and horticultural products are relatively
low but have been rising rapidly, especially since 2003.
Cereals, edible vegetable oilseeds and vegetable oils
Cereals, edible vegetable oilseeds and vegetable oils is the largest group in
Chna's agrcultural mports. But mports of these commodtes experence
large fluctuations (Figure 11.3). Imports of this commodity group averaged
around US$3.9 billion in 1992-01 but increased sharply to US$8.9 billion in
2002-05. As a result, the share of the group in China's total agricultural
imports increased from 41.6 per cent in 1992-2001 to 43.9 per cent in
2002-05.
Cereals domnated the mports of ths commodty group from 1992 to
1996. However, from 1997 to 2003, imports of cereals declined, reaching
their lowest level of US$0.4 billion in 2003. In 2004, imports jumped to
US$2 bllon and then fell to US$1.2 bllon n 2005. Wheat has domnated
