In 2019, both the import and export of fertilizers saw growth”

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In 2019, both the import and export of chemical fertilizers saw growth. Author/Source: China Fertilizer Network Date: 2020-01-17 Clicks: 623 According to preliminary statistics from China’s customs, in terms of fertilizer exports, from January to December 2019, China exported a total of 26.547 million tons of various mineral fertilizers and chemical fertilizers, representing a 10.9% increase compared to the previous year； The cumulative export value reached 7.143 billion US dollars, representing a year-on-year increase of 2.0%. 　　In terms of fertilizer imports, from January to December 2019, China imported a total of 11.104 million tons of various mineral and chemical fertilizers, representing a 16.9% increase compared to the previous year ； The cumulative import value reached 3.522 billion US dollars, representing a year-on-year increase of 29.5%. 　　In 2019, both the import and export of fertilizers increased, in line with the overall trends in China’s goods trade for that year. In 2019, the total value of China’s goods trade in imports and exports was 31.54 trillion yuan, representing a 3.4% increase compared to 2018. Of this, exports amounted to 17.23 trillion yuan, representing a 5% increase ； Imports amounted to 14.31 trillion yuan, an increase of 1.6% ； The trade surplus was 2.92 trillion yuan, an increase of 25.4%. 　　Regarding China’s foreign trade situation in 2020, several experts believe that it is likely to maintain an overall trend of steady growth. However, it is important to note that the global economy remains under pressure, which means the likelihood of a significant recovery in external demand is low.