Food & Agriculture
July 23, 2024
By Kristy Goodfellow (Vice President of Trade and Industry Affairs), Isabella Montero (Communications Intern), Molly Shields (Government Relations Intern)
“When the PRC acceded to the WTO in 2001, WTO members expected that the terms set forth in the PRC’s Protocol of Accession would permanently dismantle existing PRC-based policies and practices that were incompatible with an international trading system … But more than two decades later, those expectations have not been realized, and it seems clear that the PRC has no inclination to change. Instead, the PRC has doubled down on its state-led, non-market approach to the economy, to the detriment of workers and businesses in the United States.”
——United States Government opening statement during China’s WTO Trade Policy Review
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Ag Imports (in millions of US$) | $123,803 | $133,148 | $157,498 | $205,285 | $217,638 | $214,823 |
Percent of total imports | 5.8% | 6.4% | 7.6% | 7.6% | 8.0% | 8.4% |
Growth rate (percentage change) | 7.2% | 7.5% | 18.3% | 30.3% | 6.0% | -1.3% |