East China’s Shandong province, the country’s main agricultural region, saw an unusual decline in exports of farm produce in the first three quarters of 2015. Exports were 4.3 percent lower than in the same period of 2014, falling to $11 billion, revealed customs authorities in the Shandong port city of Qingdao on Tuesday [20 October 2015]. The fall was attributed to weak demand in its traditional export markets of Japan, the Republic of Korea and Europe. However, exports to the United States, the ASEAN and Latin American countries grew…Full Article: China Daily Oct 2015
- From January to September 2015, garlic accounted for 40% of Shandong’s vegetable exports by value. From April to June 2015, Shandong exports of vegetables and peanuts increased.
- In 2012, Shandong recorded an agricultural trade deficit. From 2011 to 2012, Shandong’s exports of agricultural goods decreased by 2.3%. This percentage drop was the largest decline since 2001 when China entered the WTO.