Ge­or­gia’s trade with China stays healthy

About 90 per­cent of pecans I grow are ex­ported to China.”

China Daily (Latin America Weekly) - - Business - By ZHANG RUINAN in New York ru­inanzhang@chi­nadai­lyusa. com

From its big man­u­fac­tur­ing com­pa­nies to its small pecan grow­ers, Ge­or­gia counts China as a ma­jor trad­ing part­ner.

“In 2017, Ge­or­gia’s ex­ports to China to­taled $2.8 bil­lion. China is cur­rently the third-largest ex­port mar­ket for Ge­or­gia,” said Mary Wa­ters, the deputy com­mis­sioner of in­ter­na­tional trade for the Ge­or­gia Depart­ment of Eco­nomic De­vel­op­ment. “China is by far our num­ber one trad­ing part­ner and we are look­ing for grow­ing our ex­ports to China as well.

“Ge­or­gia is a very strong agri­cul­ture state, and ac­tu­ally China is our sec­ond(largest) agri­cul­ture ex­port mar­ket, so again, very im­por­tant part­ner­ship there. We are a na­tional leader in the ex­port of peanuts; we also grow and ex­port a lot of pecans to China ev­ery year,” added Wa­ters.

“About 45 per­cent of our de­motic grown pecans are ex­ported to China ev­ery year,” said Kevin Ivey, pres­i­dent of the US Pecan Grow­ers Coun­cil.

Ac­cord­ing to data pro­vided by US Pecan Grow­ers Coun­cil, the to­tal value of US pecan ex­ports to the Chi­nese main­land grew by 72.9 per­cent to $24.1 mil­lion in 2016. And Ge­or­gia is one of the top three states that grow pecans.

“About 90 per­cent of pecans I grow are ex­ported to China,” said Matthew Bai­ley, a pecan grower in Dougherty and Mitchell coun­ties in Ge­or­gia. “The de­mand of US pecans in China is in­creas­ing, and I know lots of lo­cal grow­ers are col­lab­o­rat­ing with China and ex­port their pecans to China.

Bai­ley said that “with the re­cent win in China for re­duc­tion of tar­iffs on pecan im­ports to China, the US pecan in­dus­try does not want

pecan grower, Dougherty and Mitchell coun­ties, Ge­or­gia to see the tar­iff on pecans in China re­versed”. He in­di­cated that China’s im­port duty of US pecans had long been set at 24 per­cent, but since 2015, China agreed to re­duce the tar­iffs twice – now the rate is only 7 per­cent.

“New tar­iffs im­posed by China will def­i­nitely slow our sales and af­fect lo­cal grow­ers neg­a­tively – it’s a large and grow­ing mar­ket for us.”

In re­sponse to US tar­iffs on im­ported steel and alu­minum, China re­sponded on March 23 with its own list of Amer­i­can prod­ucts it would tax.

China’s ac­tion came on the same day that US Pres­i­dent Don­ald Trump an­nounced that up to $60 bil­lion worth of Chi­nese im­ports could face tar­iffs.

China’s list con­tains 128 prod­ucts across seven cat­e­gories, ac­cord­ing to the Min­istry of Com­merce. The list also in­cludes two dif­fer­ent tar­iff lev­els — 15 per­cent and 25 per­cent.

Fac­ing the 15 per­cent levy are fresh fruits, dried fruits and nut prod­ucts, wines, mod­i­fied ethanol, Amer­i­can gin­seng and seam­less steel pipes. Prod­ucts ex­posed to a po­ten­tial 25 per­cent levy tax are pork and pork prod­ucts and re­cy­cled alu­minum.

Pecans and peanuts cur­rently were not on the list, but al­monds, cashews, macadamia nuts and pis­ta­chios were, among oth­ers.

Ge­or­gia’s man­u­fac­tur­ing

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