Pesticide import and export situation in China in August 2022

 1.The overall situation

In this month, China‘s total import and export of pesticides increased year-on-year, with a trade surplus of $2.049 billion. The volume of import and export goods was 271,500 tons, up 11.08% year on year; Volume converted into 100% was 151,600 tons, with a year-on-year growth of 4.88%; The value of import and export was $2.137 billion, up 35.31% year on year.

2.The export situation

This month, the valume and value of pesticide export increased, and the value increased faster than the valume. The valume of exported goods was 268,500 tons, up 11.37% year on year; The export valume converted into 100% was 150,400 tons, up 5.15% year on year; The values of exports was $2.093 billion, up 35.34% year on year.

For the formulations, it also increased in TC and formulations. The valume of technical exported was 102,500 tons, with a year-on-year growth of 11.35%; The exported valume converted into 100% was 89,300 tons, with a year-on-year growth of 3.55%; the export value was $1.193 billion, with a year-on-year growth of 30.65%;

The exported valume of formulation was 16600 tons, up 11.38% year on year, the valume of exported converted into 100% was 61,000 tons, up 7.58% year on year, and the export value was $900 million, up 42.12% year on year.

For the pesticide category, from the perspective of the exported valume and value converted into 100%, only herbicide and insecticide increased yoy. The export valume of herbicide converted into 100% was 108,100 tons, and the value was $1.295 billion. The export valume of insecticide converted into 100% was 24,200 tons, and the value was $516 millions. The export valume of fungicide converted into 100% was 17,200 tons and the value was $260 million.

3. The import situation

This month, the volume and value of pesticide imports in China rose. The valume of imported goods was 3 thousand tons, down 9.72% year on year; the valume converted into 100% was 1.2 thousand tons, down 20.24% year on year; The values of imports was $44 million, up 33.63% year on year.

As for the formulation, the valume of imported technical and formulation decreased, but value of technical and formulation rose. The valume of imported goods was 0.5 thousand tons, down 8.90% year on year; the imported valume converted into 100% was 0.4 thousand tons, down 7.25% year on year; the import value was 10 million dollars, up 9.50% year on year; The valume of imported formulation was 2.6 thousand tons, down 9.87% year on year, the imported valume converted into 100% was 0.8 thousand tons, down 26.10% year on year, the import value was $33 million, up 43.46% year on year.

For the category, from the valume and value converted into 100%, each type of pesticide has decreased or increased. The valume of fungicide imported converted into 100% was 0.6 thousand tons, and the import value was $24 million. The valume of imported insecticide converted into 100% was 0.3 thousand tons, and the import value was $12 million. The valume of herbicide import converted into 100% was 0.3 thousand tons, and the import value was $80 million.