China Food Import Top Trumps
World Trade Organization data (2013) rank China as the worlds 3rd most financially important food market just behind the US and EU.
In the first half of 2015 the value of imported food was 22.23 billion USD,(down 10.8% on previous years due to readjustment of customs tariffs designed to stimulate increased importation)
China also boasts the highest year-on-year growth in the value of food imports globally.
The top ten imported food categories in order of descending value are oils and fats, dairy, aquatic products, meat, grain, alcoholic products, sugar beverages, other processed food and dried nuts.
During the first half of 2015 a total of 1255 batches of imported food valued at 14.52 million USD failed AQSIQ inspection at provincial ports. Inspection criteria were based on China’s national food safety standards and the requirements of relevant laws and regulations. EU had the highest number of CIQ inspection failures.