February 28, 2007

 

China soy imports up 44 percent on-year in January
 

 

China's soybean imports in January rose 44 percent on-year to 2.43 million tonnes, the General Administration of Customs said Wednesday.

 

China is the world's biggest importer of soybeans and gets most of its supplies from the US, Brazil and Argentina.

 

In January, the country also imported 189,206 tonnes of soyoil, up 21 percent on- year, 387,487 tonnes of palm oil, down 40 percent, and 17,103 tonnes of wheat, down 62 percent.

 

Corn exports in January more than doubled on-year to 937,538 tonnes.

 

The following are tables of China's import and export data on grains, oil seeds, and feed meals from Jan 1-31 from the General Administration of Customs.

 

Table of imports:

 

Countries     Jan    Change on-year
of origin    (tonnes)    (percent)

 

Soybean
Total          2,432,435    +43.8

Argentina    311,620     +141.6

Brazil        178,366      -43.6

Canada       778         +14.5

USA          1,941,671    +55.9

 

Wheat
Total          17,103       -61.9

Australia    17,103       +337.5

 

Corn
Total           611         -74.8

Laos           200         -90.8

Philippines     1           +84.4

Germany       2           -55.5

USA            408          +1,856.5

 

Rapeseed
Total           391          -99.6

Canada       391          -99.6

 

Soymeal
Total         13,000         -84.6

India         12,940         -84.5

Taiwan          60             NA

 

Rapeseed meal
Total         23,423           NA

India         23,423           NA

 

 

Table of exports:

 

Destinations   Jan      Change on-year

               (tonnes)       (percent)

 

Corn
Total             937,538        +126.5

North Korea      550            -88.4

Indonesia       134,351          NA

Japan             78,471        +115.5

Malaysia         59,993         -37.7

South Korea    664,163        +142.8

 

Soybean
Total              24,299          +29.4

Japan             10,901            -9.7

South Korea     5,576          +206.9

Belgium           1,192          +5,859.6

USA                 1,186          -41.8

 

Wheat
Total             165,371          +539.2

Philippines     26,240            +1.5

South Korea   104,567           NA

Vietnam         32,992             NA

 

Soymeal
Total             90,270           +296.5

Japan            58,846            +174.4

South Korea   26,490           +6,003.4

USA                1,475             +312.5

 

Rapeseed meal
Total               237              -62.4

Japan              237              +18.2

N.A. - Not available