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          BIZCHINA> Top Biz News
          China's food export hit by product safety scandals
          (Xinhua)
          Updated: 2008-12-19 13:05

          China's food export grew at a slower rate in October, due largely to September's tainted milk powder scandal and chemical-related egg contamination thereafter, the General Administration of Customs said Friday.

          Related readings:
          China's food export hit by product safety scandals China strengthens quality supervision on export foods and goods
          China's food export hit by product safety scandals China sees recovery of food export in Q1
          China's food export hit by product safety scandals Dairy goods' exports see massive fall
          China's food export hit by product safety scandals China as brave new market for German pig ears, feet

          In October, China exported $2.89 billion worth of foodstuffs, a growth of 15.6 percent on the same month of last year. But the growth rate was 13.4 percentage points lower than the September level.

          From January to October, the nation's foreign sales of foodstuffs were $27.98 billion, up 16.1 percent.

          Of the total, 43.3 percent, or $12.1 billion worth, were sold by foreign-funded companies, up 11.3 percent.

          Aquatics and vegetables were the nation's main food exports, accounting for 14.9 percent and 11.9 percent, respectively, of the total.

          In the first 10 months, China sold abroad 1.43 million tons of aquatic products, down 2.6 percent, and 5.09 million tons of vegetables, up 0.9 percent. The former was valued at $4.18 billion, up 11.14 percent, and the latter, at $3.32 billion, roughly the same as the same period of last year.

          Japan remained the largest market for China-made foodstuffs, receiving 19.1 percent of China's total food exports. China sold $5.34 billion dollars worth of foodstuffs to Japan in the January-October period, down 8.9 percent. The customs administration said a tainted dumpling scandal that broke out earlier this year was also a factor in the decline.

          China's food export value to the European Union and the United States were $4.47 billion and $3.73 billion, respectively, up 19 percent and 18.5 percent.

          In a related development, China imported $20.59 billion worth of foodstuffs between January and October, up 34.2 percent.

          ASEAN members, the United States, the European Union and Argentina were the major sources for China's food imports.


          (For more biz stories, please visit Industries)

           

           

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