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In 2021, China's soybean imports from Brazil will drop by 10% year-on-year

 Last Update: 2022-02-17
 Source: Internet
 Author: User

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According to data released by China Customs on the 20th, China 's soybean imports from Brazil in 2021 will decrease from the previous year, while the United States ' soybean exports to China will increase .

Brazil World Wide Web reported that China is the world's largest soybean importer
.
In 2021, Brazil's soybean exports to China will be 58.
15 million tons, down 9.
5% from 64.
28 million tons in 2020
.
On the other hand, China imported 32.
3 million tons of U.
S.
soybeans, up 25% from 25.
89 million tons in 2020
.

China has increased its imports of U.
S.
agricultural products, including soybeans, not only to fulfill a preliminary trade deal signed with Washington in January 2020, but also because bad weather in Brazil has delayed crop harvests in the first few months of 2021, and China must not Imports of Brazilian soybeans are not on hold
.

China Customs Brazil Imports Soybeans for U.
S.
Export

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