XINDE MARINE NEWS
China's soybean imports up 15 pct in January-July CCTV 2023-08-15 16:39


China imported 62.3 million tons of soybeans in the first seven months of this year, up 15 percent from a year earlier, customs data showed.

In July alone, the country's soybean imports reached 9.73 million tons, down from 10.27 million tons in June but more than the 7.88 million tons imported in the same month last year, according to data from the General Administration of Customs.

The per-ton value of the soybean imports increased 1.3 percent year on year in the first seven months to 4,334.6 yuan (about 598.7 U.S. dollars).

The country, as the world's largest soybean importer, imported a total of 91.08 million tons of soybeans last year.

Imported soybeans are usually crushed into meal for animal feed in China.

Source: CCTV

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