How big is the Chinese market?Really big.

4/10/2008

Click here to start

Table of Contents

How big is the Chinese market?Really big.

1. Big population

1/5 of the world’s population

millions of people, July 2007 estimates

Population growth 2005 to 2015

Population density

2. Big economic growth

Gross Domestic Product (GDP) real growth rate, 2006 estimates

Gross Domestic Product (GDP), 2006 estimates

Gross Domestic Product (GDP) per capita, 2006 estimates

millions of additional households with income greater than $20,000

10 largest economies (GDP rank)

3. Big food demand

Animal products food supply: protein grams/person/day

Pork consumption growth

Chicken consumption growth

Beef consumption growth

Corn consumption growth

millions of metric tons

Soybean consumption growth

millions of metric tons

Population vs. arable land

Average farm size (hectares)

4. Big interest in US brands

5. Big trade imbalance

US goods & services trade deficit

US goods & services trade deficit

Sources of US petroleum imports, 2007

US agricultural trade balance

6. Big trade barriers

US-China bilateral WTO accession agreement, 2001

US-China bilateral WTO accession agreement, 2001

So what does this mean to you?

Top 3 US soybean export markets

Top 5 US pork export markets