August 25, 2014

Brazil's soy shipments account for half of China's imports

Brazil shipped 20.9 million tonnes of soy to China from January to July 2014, accounting for over half of China's soy imports and an increase of 11.5%, China's customs data indicated.

In July alone, China's soy imports totalled 7.5 million tonnes, of which more than 5 million tonnes were from Brazil.

In the first seven months, China imported 41.7 million tonnes of soy, a surge of 20% compared to the same period of 2013.