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Farm Products to “OBOR” Achieved Above 50% Share

2016-12-27

By Dec. 19, the trade volume among Laiwu and countries and regions along the “One Belt One Road” with respect to imported and exported edible agro-products has amounted to $0.274 billion, growing 33.02% and 44.04% year-on-year respectively. The trade value of edible agro-products among Laiwu and countries and regions along the “One Belt One Road” has reached up to half of the total trade volume of edible agricultural products in Laiwu, accounting for 53.12%.   

According to available data, export prevails over import. Edible agro-products were exported to countries and regions along the “One Belt One Road” for 6,075 batches, totaling $0.271 billion, with a year on year increase of 40.12% and 32.93% respectively. Import, on the other hand, makes for a small portion, totaling 12 batches and $3,324,100, and growing 33.88% and 100% year-on-year respectively. In general, the batch and value of importation and exportation have shown a big rise compared with the same period of 2015. Edible agro-products export to Pakistan, UAE, Bangladesh, Russia, Saudi Arabia, Malaysia and Sri Lanka are valued at $0.21 billion, accounting for nearly 80% of the total amount of agricultural products exported to countries and regions along the “One Belt One Road”. The main exported edible agro-products are fresh vegetables, pickled vegetables, and citric acid along with citric acid products. Indonesia and Israel are top import sources while coconut milk and frozen concentrated orange juice turn out to be main imported edible agro-products.      

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