Dutch agrifood exports to China fell by 9% in 2024, amounting to €3.6 billion. The decline was mainly due to lower exports of infant formula (-11%) and meat (-17%). Transit trade in wood also dropped sharply by 79%. Exports of infant formula totalled €1.5 billion, influenced by declining birth rates in China and a loss of market share to New Zealand. Dairy products such as cheese, cream, and butter, on the other hand, recorded an export increase of 11%.
The meat market is currently facing an anti-dumping investigation by China into EU pork. Higher pork prices in China softened the blow during the first half of the year, but exports still ended 17% lower than in 2023. After two years of high volumes, wood exports plummeted to €22 million. As of 1 January 2025, no further export certificates for wood will be issued.
At the same time, other export streams showed growth. Exports of other food products rose from €244 million to €307 million. Exports of machinery for the food industry increased by nearly 15%, reaching over €100 million. Notably, veterinary vaccines appeared as a new export category, generating more than €42 million in 2024, whereas no exports were recorded two years earlier. In contrast, exports of complete greenhouses fell sharply, down 65% over two years, while China imported more components such as trusses.
Imports of agrifood products from China rose by 8%, reaching €2.9 billion. Notable is the halving of oil and fat imports over the past two years. Imports of tobacco and e-cigarettes also declined by 22%, partly due to the flavour ban. In contrast, imports of ginger (+69%) and garlic (+27%) rose sharply. Imports of animal feed increased by one-third, with organic soybeans for the livestock sector playing an important role.
Source: Agroberichten Buitenland