What is the current situation of foreign trade development in China's seed industry?

Published Mar 23, 2022

Tridge summary

At present, my country is in a critical period of the revitalization of the seed industry, and foreign trade is an important channel for the development of the seed industry to obtain resources and markets. So, what is the current situation of the development of foreign trade in my country's seed industry?

Original content

At present, my country is in a critical period of revitalization of the seed industry, and foreign trade is an important channel for the development of the seed industry to obtain resources and markets. So, what is the current situation of the development of foreign trade in my country's seed industry? The crop seed industry imports more than exports. Most of the imports are horticultural crop seeds. The export advantage is mainly rice seeds. In 2021, my country's crop seed trade volume will be 1.01 billion US dollars, nearly doubling from 2011 (560 million US dollars). Among them, Imports of USD 680 million, the main varieties include vegetable seeds (USD 240 million, accounting for 35.3%), forage seeds (USD 160 million, accounting for 23.5%), flowers and seeds for planting (USD 150 million, accounting for 22.1%) ), mainly horticultural crops, some vegetable varieties such as carrots, spinach, onions, high-end varieties of tomatoes, and seeds such as sugar beets and ryegrass are ...
Source: Chinaeconomy
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