Effects of the Sino-US Trade War on Chinese Pesticides Industry 2020
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Publish time:8/5/2020 12:00:00 AM Source: CCM
Information collection and data processing: CCM For more information, please contact us
Publish time:8/5/2020 12:00:00 AM Source: CCM
Information collection and data processing: CCM For more information, please contact us
Trade frictions between China and the US have been frequently seen since Jan. 2018. The Sino-US trade war started on 6 July, 2018 and the disputes have been escalating. The US imposed extra tariff on products imported from China. As a countermeasure, China imposed tariffs on US commodities. Affected by the extra tariffs, China’s imports of agricultural products from the US witnessed a decrease in 2018. Besides, From Jan. to Nov. 2019, China’s export value to the US fell, so did the import value from the US, and total trade with the US downed.
On 14 Dec., 2020, China and the US agreed on the text of phase-one trade deal (officially signed on 15 Jan. 2020). Importantly, the agreement suggests the establishment of a dispute resolution system that ensures prompt and effective implementation and enforcement. With this, the US has agreed to modify tariffs in a significant way.
This is CCM's third edition report on the review of the Sino-US tariff war on Chinese Pesticides Industry since 2018, which attaches importance to the following parts:
- Overview of Sino-US trade war
- Main products affected for export in the trade war
- Influences on crops and demand for pesticides by the trade war
- Challenges and measures amid Sino-US trade war
On 14 Dec., 2020, China and the US agreed on the text of phase-one trade deal (officially signed on 15 Jan. 2020). Importantly, the agreement suggests the establishment of a dispute resolution system that ensures prompt and effective implementation and enforcement. With this, the US has agreed to modify tariffs in a significant way.
This is CCM's third edition report on the review of the Sino-US tariff war on Chinese Pesticides Industry since 2018, which attaches importance to the following parts:
- Overview of Sino-US trade war
- Main products affected for export in the trade war
- Influences on crops and demand for pesticides by the trade war
- Challenges and measures amid Sino-US trade war
- Development of Sino-trade war in 2020 and possible trend
Main contents:
| No. | Content |
|
| Executive Summary | ||
| Methodology | ||
| 1 | Overview of Sino-US trade war | |
| 1.1 | Briefing of the trade war | |
| 1.2 | Timeline of the Sino-US trade war | |
| 2 | Main products affected for export in the trade war | |
| 2.1 | Involved pesticides 2018–2019 | |
| 2.2 | Major pesticides exported to the US from China | |
| 2.2.1 | Glufosinate-ammonium | |
| 2.2.2 | Imidacloprid | |
| 2.2.3 | Azoxystrobin | |
| 3 | Influences on crops and demand for pesticides by the trade war | |
| 3.1 | Involved crops 2018–2019 | |
| 3.2 | Crops influenced by the Sino-US trade war | |
| 4 | Challenges and measures amid Sino-US trade war | |
| 4.1 | Challenges amid Sino-US trade war | |
| 4.2 | China's countermeasures under Sino-US trade war | |
| 5 | Development of Sino-trade war in 2020 and possible trend | |
| 5.1 | Timeline of China’s tariff exclusions for US imports | |
| 5.2 | Development and trends in 2020 |
List of tables:
| Table No. | Table Title |
| Table 2.1-1 | Main pesticides included in the tariff lists released by the US |
| Table 2.1-2 | Main pesticides exempted from additional tariffs imposed by the US |
List of figures:
| Figure No. | Figure Title |
| Figure 1.1-1 | Briefing of the trade war, 2018–2019 |
| Figure 2.2.1-1 | China’s top 10 glufosinate-ammonium export destinations, 2019 |
| Figure 2.2.1-2 | China’s export volume of glufosinate-ammonium to the US, 2015–March 2020 |
| Figure 2.2.2-1 | China’s top 10 Imidacloprid export destinations, 2019 |
| Figure 2.2.2-2 | China’s export volume of imidacloprid to the US, 2015–March 2020 |
| Figure 2.2.3-1 | China’s top 10 azoxystrobin export destinations, 2019 |
| Figure 2.2.3-2 | China’s export volume of azoxystrobin to the US, 2015–March 2020 |
| Figure 3.1-1 | Import volume of soybean in China, 2018–2019 |
| Figure 3.2-1 | Planting area of soybean in China, 2015-2019 |
| Figure 3.2-2 | Output of soybean in China, 2015-2019 |
| Figure 3.2-3 | Export volume of Chinese dicamba to the US, 2017–2019 |
| Figure 3.2-4 | Proportions of dicamba exports to the US in China's total exports, 2017–2019 |
For more information about this report please email emarket1@cnchemicals.com.