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China International Trade Administration(中国国际贸易管理).pdf

China International Trade Administration(中国国际贸易管理).pdf

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China International Trade Administration(中国国际贸易管理)

China Type: Dynamic Growth Market; High Volume, Large Market Share China is a large and important market for U.S. exporters of agricultural equipment, one that presents both significant opportunities and formidable challenges. U.S. 55 exports in 2014 totaled $376.1 million. Although Volume*: Growth*: growth has been substantial and sustained for more than a decade, exports in several major product 2 1 categories fell sharply last year. Exports in the livestock and produce sectors increased, but they were unable to compensate for declines elsewhere. The Chinese Government’s role in the agricultural economy—unique U.S. Import Market Share: among major agricultural equipment markets—and its aggressive efforts to favor and promote domestic 43.5% manufacturers will continue to present challenges for U.S. exporters. U.S. companies, especially SMEs, should consider carefully whether or not China is a *Note: Ranking based on a comparison of U.S. exports to five large dynamic suitable market for their business. growth markets: Brazil, China, Russia, South Africa, and Ukraine. Total U.S. agricultural equipment exports to China will sector, has made mechanizing agriculture and moving likely fall again in 2015, although not as sharply as last rural inhabitants to urban areas a top policy objective. year, due to continued weakness in global grain prices. Behind this policy lie China’s c

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