On September 11, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 164)

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1. The report of the US Department of Agriculture on September 2 shows that the US federal government's expenditure on agriculture has increased substantially in the past two years. In 2019, it increased by 64.2% compared with 2018, and in 2020 it increased by 65.7% compared with 2019. From 2018 to 2020, expenditures on agriculture will be USD 13.7 billion, USD 22.4 billion and USD 37.2 billion respectively.

2. In 2020, Mexico's agricultural trade with Japan increased by 5% over the same period of the previous year. In 2019, Mexico's agricultural exports to Japan were US$1.265 billion. In the past five years, Mexico’s exports to the Asia-Pacific region have increased by nearly 57%, of which Japan is the main exporter of Mexican agricultural products; but Mexican agricultural products only account for 1.8% of the total imports of Asian countries, so Mexican agricultural products have Huge growth potential.

3. In July, Argentina’s exports to China accounted for 11.3% of Argentina’s total exports, and Argentina’s imports from China accounted for 21.9% of Afghanistan’s total imports. The total trade volume with China was US$1.303 billion. China has become the Arab Republic for four consecutive months. A large trading partner.

4. The French government announced an economic recovery plan on September 3, planning to invest 100 billion euros in two years. The agricultural recovery plan includes it, of which 100 million euros will be used for the plant protein plan project to adjust the industry structure and achieve three goals: reduce dependence on Brazilian soybean imports; increase the productivity of feed protein; expand the production of plant protein for human consumption channel.

5. According to FAO, the forecast of world cereal production in 2020 is reduced by 25 million tons (-0.9%) compared with the forecast in July. Despite this, the forecast of world cereal production is still at 2.765 billion tons, 58 million tons higher than in 2019 and a record high.

6. According to data from the Ministry of Commerce of Myanmar, exports of Myanmar's agricultural products soared to US$3.5 billion this fiscal year, an increase of US$490 million over the same period last year. Agriculture performed best in Myanmar’s export sector, accounting for 22% of total exports. The main agricultural exports include rice, broken rice, beans and corn.

7. India’s exports of agricultural products in fiscal year 2020 amounted to 255.5 billion rupees, an increase of 23% over the same period of the previous year. 95% of the increase in exports came from rice and sugar.

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