In 2023, China's exports of oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit, industrial or medicinal plants, straw, and fodder stood at $3.08 billion USD. The forecasted growth from 2024 to 2028 indicates a steady increase, with year-on-year percentage variations averaging about 1.9%. The compound annual growth rate (CAGR) over this five-year period is projected to be approximately 1.8%, reflecting consistent growth prospects for this export category.
Future trends to watch for:
- Increasing demand for organic and sustainable agricultural products from international markets.
- The impact of global trade policies and tariffs on export volumes.
- Technological advancements in farming and harvesting techniques improving yield quality.