China's trade deficit in farm produce reaches 100 mln USD from Jan to April

China's trade deficit in farm produce reached 100 million U.S. dollars in the first four months of 2007, the Ministry of Commerce (MOC) said here Thursday.

The country's exports of farm produce hit 11.48 billion dollars, up 23.9 percent year-on-year, while imports were 11.58 billion dollars, up 10.4 percent year-on-year.

China's farm produce exports to the European Union hit 1.64 billion dollars, South Korea 1.37 billion dollars, the United States 1.39 billion dollars and ASEAN 1.17 billion dollars, according to MOC figures.

Of the total, private enterprises exported 3.67 billion dollars, foreign-funded companies 4.68 billion dollars and state-owned firms 2.67 billion dollars.

China's trade deficit in farm produce in 2006 stood at 670 million dollars, a decrease of 41.3 percent from the 2005 level of1.14 billion dollars, according to official figures.