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    Home > Food News > Food Articles > China's imports of domestic products will fall by 20% and exports by 8% by 2020

    China's imports of domestic products will fall by 20% and exports by 8% by 2020

    • Last Update: 2021-02-12
    • Source: Internet
    • Author: User
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    According to customs statistics, China's total imports of sea products will be about $12.7 billion in 2020, down 20% from 2019 ($15.6 billion), while total exports will be about $18.3 billion, down 8% from 2019 ($21.5 billion).
    the second half of the year, the import market contracted even more, with total imports of about $5.95 billion, down 31% from a year earlier, and imports of about $6.72 billion in the first half of the year, down 6% from a year earlier.
    To this end, Cui He, president of the China Aquatic Circulation and Processing Association (CAPPMA), told UFC: "As a result of the outbreak, China's import and export trade in aquatic products will be severely affected in 2020, and the import market is expected to remain depressed in 2021 or difficult to return to 2019 levels."
    " on this year's trend in the market for sea products imports, the key depends on the specific epidemic prevention situation, including the second half of the vaccination progress, as well as the performance of the global economic recovery.
    expected total imports of aquatic products to be about 5.5 million tons in 2020, flat in 2018, down from 6.2 million tons in 2019," Cui said.
    " In July 2020, China's General Administration of Customs tested positive for new crown nucleic acid in some imported white shrimp packaging and containers, a number of Ecuadorian exporters' qualifications were suspended, and more and more imported cold-chain foods were tested positive, a huge blow to consumer confidence.
    ", all are cautious about importing sea products, including Chinese importers and foreign suppliers.
    customs clearance speed slows down, products must be disinfected upon arrival in Hong Kong, and the delay period is extended, resulting in higher logistics costs.
    ," Cui said.
    the first half of 2020, sales of sea products in the catering channels difficult, so far the catering industry has not fully returned to normal.
    for the need for epidemic prevention, Shangchao must be off the shelf of sea products, testing, and then re-on-shelf.
    " However, retail and e-commerce sales are growing steadily, particularly in support of demand for imported shrimp and bazaar products, "with supermarkets, home cooking and online sales accounting for a larger share, and these sectors are relatively less affected by the outbreak."
    ," Cui said.
    2020, China will import about 544,000 tons of frozen warm water shrimp, down 16% from the previous year and 48% in the second half of the year.
    imports of frozen salmon to the United States amounted to about $418 million, down 47 per cent from the previous year.
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