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China's soybean imports up 17.73% in Jan

Feb 22, 2015 (China Knowledge) – China, the world's largest soybean importer, saw its soybean import volume decrease 17.73% to 5.66 million tons in Jan 2016, as compared with 5.66 million tons it realized in 2015, according to the latest statistics released by the General Administration of Customs.

The import value for the Jan period totaled RMB 14.16 billion, down 30.28% year on year.

Statistics from the GAC also showed that China imported 0.53 million tons of edible vegetable oil in the reporting period, representing a 17.78% increase over the year earlier.

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