During Jan to Nov 2015, China imported a total of 151,400 tons of infant formula (tax number 19011010), representing a year-on-year growth of 38.1%. The total value was 2.118 billion USD which increased 53.3% compared to last year.
The top 5 exporting countries in order of volume were Holland, Ireland, Germany, France and New Zealand. 75.9% of IF products were imported from these 5 countries (Data from Hesitan).
Rank | Country | Quantity (ton) | Percentage | Year-on-year growth rate |
1 | Holland | 51,438 | 34% | 65% |
2 | Ireland | 22,325 | 14.7% | 45.7% |
3 | Germany | 15,113 | 10% | 282% |
4 | France | 13,664 | 9% | 10.3% (down) |
5 | New Zealand | 12,305 | 8.1% | 32.8% |
6 | Demark | 10,050 | 7% | N/A |
7 | Singapore | 7,434 | 5% | N/A |
8 | Korea | 6,467 | 4% | N/A |
9 | Australia | 5,218 | 3% | N/A |
10 | Switzerland | 2,542 | 2% | N/A |
the rest | Other countries | 4,844 | 3% | N/A |
The monthly imported quantities and prices of infant formula in 2014-2015
(Data from Hesitan)