Chinese soybean imports from Brazil fall 16% in April year-on-year



Image: Freepik


Customs data from China released last Saturday (20) show that Chinese imports of Brazilian soybeans fell by 16% in April compared to the same month last year, to 5.3 million tons.

In the first four months of 2023, China imported 9.21 million tons of oilseeds from Brazil, a decrease of 28% compared to 12.7 million tons in the same accumulated in 2022.

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On the other hand, during April, Chinese soybean imports from the United States increased by 11%, to 1.82 million tons. From January to April, the Asian country purchased 18.24 million tons of North American grain, compared to 15.00 million tons in the 1st quarter of 2022.

Source: Datagro

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