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An Overview of Food Trade between China and Central and Eastern European Countries in the First Three Quarters of 2024

Issue Date:2024-10-30

(The Chinese version shall prevail.)

 

Customs statistics show that the total value of food trade between China and Central and Eastern European countries (hereinafter referred to as CEE) was RMB 5.25 billion in the first three quarters of 2024, a year-on-year decrease (the same below) of 18.3%. Among them, the value of food exported to CEE accounted for RMB 3.59 billion, an increase of 20.6%; the value of food imported from CEE reached RMB 1.66 billion, a decrease of 51.9%.

 

The main features of food trade between China and CEE in the first three quarters of 2024 are as follows:

 

(I) Edible aquatic products, vegetables and edible mushrooms, dried and fresh fruits and nuts were the main exports.

 

In the first three quarters of 2024, China's exports of food to CEE reached RMB 3.59 billion, an increase of 20.6%, accounting for 0.6% of China's total exports to CEE during the same period. Among them, the value of edible aquatic products was RMB 690 million, an increase of 26.4%; the value of vegetables and edible mushrooms was RMB 380 million, an increase of 25.4%; the value of dried and fresh fruits and nuts was RMB 240 million, an increase of 116.9%.

 

(II) Dairy products, edible vegetable oil, sunflower seeds, etc. were the main imported products.

 

In the first three quarters of 2024, China's imports of food from CEE reached RMB 1.66 billion, a decrease of 51.9%, accounting for 1% of China's total imports from CEE during the same period. Among them, the value of dairy products was RMB 440 million, a decrease of 36.1%; the value of edible vegetable oil was RMB 270 million, an increase of 107.6%; and the value of sunflower seeds was RMB 200 million, a decrease of 58.8%.

 

(III) Poland, Bulgaria, and Greece were the top three food trading partners.

 

In the first three quarters of 2024, the value of China's food imported from and exported to Poland, Bulgaria and Greece reached RMB 1.94 billion, RMB 720 million, and RMB 620 million respectively, with a decrease of 7.4%, a decrease of 69% and an increase of 15.7%, accounting for 37%, 13.8% and 11.9% of the total value of China's food imported from and exported to CEE in the same period.