China’s foreign trade of farm produce expands in first 10 months

BEIJING, Nov. 29– China’s foreign trade in agricultural products maintained stable expansion in the first 10 months of this year, official data shows. The total volume of trade in the products stood at 275.75 billion U.S. dollars during the period, up 1.2 percent year on year, according to the Ministry of Agriculture and Rural Affairs. China’s foreign trade deficit…

BEIJING, Nov. 29 (Xinhua) — China’s foreign trade in agricultural products maintained stable expansion in the first 10 months of this year, official data shows.

The total volume of trade in the products stood at 275.75 billion U.S. dollars during the period, up 1.2 percent year on year, according to the Ministry of Agriculture and Rural Affairs.

In breakdown, the country’s exports of agricultural products edged up 0.3 percent year on year to 80.41 billion dollars, while imports went up 1.5 percent from the same period last year to 195.34 billion dollars.

China’s foreign trade deficit for farm produce came in at 114.93 billion dollars, up 2.4 percent over one year ago, the data shows. Enditem