The imports chinese from soy of Brazil They increased 23% in September compared to the previous year, according to published figures, after a huge harvest in the South American country this year continued to reach the world’s main buyer.
China imported 6.88 million metric tons of the oilseed from Brazil last month, according to the General Administration of Customs, the largest volume for September in three years.
Brazil It ships most of its soybean crop from March to June, and exports decline afterward. But this year shipments were higher than before.
Soybean arrivals from the United States, the second largest supplier of China, fell to 133,692 tons in September, compared to 1.15 million tons a year ago. The total imports of China last month they were 7.15 million tons.
In so far this year, China has imported 54.87 million tons of Brazilian soybeans, which represents an increase of 18% compared to the same period of the previous year.
In the first nine months of 2023, arrivals from USA They increased 8% to 20.08 million tons, according to the data.
Brazil also supplied 1.25 million tons of corn to China last month, 76% of total arrivals.
(With information from Reuters)
Source: Gestion
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