China's pesticide exports increase by 14.6% in 2020

According to the latest statistics, China's pesticide exports in 2020 will reach 11.68 billion U.S. dollars, a year-on-year increase of 14.6%, and a new record.

In 2020, the state has formulated a series of relief policies to benefit enterprises to get through the effects of epidemic:

In February, the Pesticide Management Department of the Ministry of Agriculture and Rural Affairs promptly resumed export management measures that only use pesticides abroad;

In March, the "Announcement on Increasing Export Tax Rebate Rates for Certain Products" was released to promote pesticide export trade;

In June, the pesticide export registration policy was introduced, effectively promoting the growth of pesticide export trade.

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With the protection and promotion of the above policies and measures to help companies benefit from the rescue, China's pesticide exports achieved double-digit growth last year, becoming the best year for pesticide exports in the past 10 years.

image.pngIn 2020, the export volume (cargo volume) of pesticides was 2.395 million tons, a year-on-year increase of 29.3%; the export value was US$11.68 billion, a year-on-year increase of 14.6%, and further increase the share in the international market.

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