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Effects of the Sino-US Trade War on Chinese Pesticides Industry 2020

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Publish time: 5th August, 2020      Source: CCM
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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

  - 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.