China became the world’s second largest buyer of imported food and beverage (F&B) after the US in 2016.Its total imports exceeding AU$130 billion (US$88.2 billion) according to data cited by the Australian Trade and Investment Commission (Austrade). In 2018, that figure increased to US$110 billion; the largest F&B exporters to the Chinese market were Brazil, the US, Canada, Australia, and New Zealand, according to an article from China Briefing.
China’s appetite for imported F&B is still growing and diversifying with its economy shifting towards consumption-driven growth.General Administration of Customs of China (GACC) data shows that over the last decade, China’s food import trade grew at an average annual rate of 17.4 percent. By 2019, there were 2,283 kinds of imported foods from 176 countries and regions incorporated into China’s market access management system.
Yet, despite the lure of its huge market, exporting F&B to China is not easy.
Follow the link
to read more.