China has imported Pakistani pine nuts in the first two months of this year reaching a record high of US$17.67 million. Pakistani pine nuts enjoy high quality and are listed as high-end snacks. In Pakistan, pine nuts are considered real dried fruit and only rich people can afford them.
- China has imported Pakistani pine nuts in the first two months of this year, reaching a historical figure of US$17.67 million, according to the General Administration of Customs of the People’s Republic of China (GACC).
- In the first two months of 2022, China imported 1,606.51 tons of Pakistani pine nuts worth US$17.67 million and was one of the main destinations for pine nuts imported from Pakistan. In total, China has imported 42.35 million dollars worth of pine nuts, of which 42% has been imported from Pakistan.
- Abdullah Afridi, a China-based Pakistani pine nut trader, told China Economic Net that Pakistani pine nuts are very popular in China because of their good taste and major e-commerce platforms that help boost sales of Pakistani pine nuts.
- “Under the second phase of the China-Pakistan Free Trade Agreement, Pakistani and Chinese traders can export their pine nuts to China with zero tariffs, which helped improve exports before the tariff for pine nuts was 36%”, he claimed.
- Yar Muhammad Niazi, CEO of a food company in Hangzhou, China, expressed his opinion to CEN that Pakistani traders bought machines from China to sort the empty shell of pine nuts and those machines can sort pine nuts according to their size and quality. , which is convenient for standardized processing and export to the world.
- “China is importing pine nuts from all over the world, but Pakistani, Afghan and Brazilian pine nuts are the most popular in the Chinese market. Pakistan needs to attract more investors and technology to improve this sector. In Pakistan and Afghanistan, farmers still have to carry bags of pine nuts on their shoulders or backs due to inaccessible vehicles and lack of technology,” he stated.
- The data also showed that China imported 201.2 tons of pine nuts worth $2.82 million from Afghanistan in the first two months of this year, while total imports crossed 5,722 tons worth $42.35 million. millions of dollars.
- According to an expert, in Pakistan, pine nuts are considered real nuts and people love to eat them in winter, but due to their high price, only rich people can afford them.
- He also mentioned that China is a big market and its purchasing power is increasing, therefore, as one of the top three varieties of pine nuts in the Chinese market, Pakistani pine nuts enjoy a high premium and are listed as high-end snacks, but still, “we need to control the price,” he added.