China’s April soy imports from Brazil fall 22.2 per cent from previous year

Beijing | Reuters — China’s soybean imports from Brazil fell 22.2 per cent in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments.

China imported 4.60 million metric tons of the oilseed from Brazil last month, showed data from the General Administration of Customs.

April soybean arrivals from the U.S., China’s second-biggest supplier, fell 43.7 per cent compared to the year-earlier period to 1.38 million tons, as buyers turned to Brazil for supplies, partly due to tariff uncertainty.

Overall soybean imports for April totalled 6.08 million tons, the lowest since 2015.

For the January to April period, shipments from Brazil totalled 9.14 million tons, down 42.5 per cent compared with the same period last year.

Total arrivals from the U.S. in the first four months of the year came to 12.95 million tons, up 35.2 per cent on a year prior, the data also showed.

— Reporting by Ella Cao and Lewis Jackson

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