Tuesday, February 11, 2014

China Specialty Food Imports Jump

Problems with food safety in China have helped spur Chinese imports of food:
According to official statistics, the mainland’s packaged food and beverage market grew dramatically, from US$144.2 billion in 2008 to US$254.4 billion in 2012. The value of imported processed food and beverages, meanwhile, rose from US$13.4 billion in 2008 to US$35.1 billion in 2012, an average annual increase of more than 27 per cent. 
Traceability will be key to this, a topic I've covered elsewhere on this blog.  Along with that is party-packing:
It is not uncommon, for instance, for mainland consumers to purchase a large keg of imported German beer – in its original packaging – to take to a social gathering. 
This article has great information on Hong Kong as a trade nexus for China, with some how to.  My online food export class matches up with trade realities.

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3 comments:

Anonymous said...

http://www.tradingeconomics.com

This site has some interesting data.

Anonymous said...

I watched this film on Netflix: "Death by China."

I was wondering how much of it was true, what was clearly wrong. Chinese suppliers merely make products to our specifications right? So contaminated food, toys are the fault of the U.S. exporter. The film also gives the impression that the U.S. doesn't make anything, and that everything comes from China.

See:

http://en.wikipedia.org/wiki/List_of_countries_by_exports

John Wiley Spiers said...

Of course QC is the job if the USA importer. In any event, China products represent less than 2.96% of what buy in the USA economy. We could stop doing business with China tomorrow and it would not matter much one way or the other. China-bashing sells, since it takes our mind off our own faults.