China’s May corn imports jump 66% from a month earlier, wheat dips 31.6%

Published 2023년 6월 20일

Tridge summary

In May, China's corn imports experienced a 66% month-over-month increase, but a 20.2% year-over-year decrease. Total corn imports from January to May reached 10.19 million metric tons, marking a 10.6% year-over-year decrease. Wheat imports saw a 31.6% month-over-month drop but a 71.5% year-over-year increase, with total imports from January to May at 7.19 million metric tons, marking a 62.5% year-over-year increase. Barley imports rose by 28% month-over-month and 59.7% year-over-year. Sorghum imports increased by 40.4% month-over-month but decreased by 60.8% year-over-year. Edible vegetable oil imports in May fell by 23.5% month-over-month but increased by 101% year-over-year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Corn imports to China in May rose by 66% from a month earlier to 1.66 million mt, data from China’s General Administration of Customs (GACC) released on Sunday showed. This was however 20.2% lower than the level seen in the same month last year, with China seen cancelling corn cargo sales from the US in the current 2022/23 marketing year. Total corn imports for the first five months of 2023 have reached 10.19 million mt, 10.6% less than the volume imported in the same period a year ago. Meanwhile, wheat imports in May fell 31.6% from April to 1.15 million mt but was 71.5% higher than the level in May 2022. China has brought in 7.19 million mt of wheat from January-May this year, 62.5% more compared to the first five months of 2022. Barley imports on the other hand rose by 28% from April to 1.28 million mt – 59.7% higher than imports in May 2022 –bringing the total volume of barley shipments this year to 3.97 million mt, 19.3% more than the same period last year. Sorghum imports in ...

Source: UkrAgroConsult