|China soybean imports, December 2018|
|1,000 metric tons|
- Brazil accounted for nearly 4.4 million metric tons of the 5.7 mmt of soybeans China imported during December 2018.
- December imports from the U.S. were just 69,000 metric tons--about one Panamax-sized cargo.
- Canada was the second-leading supplier of China's soybean imports in December, but shipments were only 808,000 mt.
- Other suppliers during December were Argentina, Uruguay, and Russia.
- December is typically the peak month for China's imports of U.S. soybeans. Compared with a year earlier, December 2018 imports of soybeans from Brazil were up 2.4 mmt and imports from the U.S. were down 6.1 mmt.
- Total December soybean imports of 5.7 mmt were down -3.8 mmt from a year earlier.
- Calendar year 2018 totals show that Brazil supplied 75 percent (66 mmt of 88 mmt) of the soybeans China imported during 2018. Brazil's share was 53 percent during 2017.
- For the Calendar year, China's increased soybean imports from Brazil (+15.15 mmt) did not quite offset the drop in soybean imports from the U.S. (-16.2 mmt).
- For 2018, China's imports of U.S. soybeans totaled 16.6 mmt, nearly 50-percent less than the CY2017 total. The 19-percent U.S. share of China's 2018 soybean imports was down from 34 percent in 2017.
- China's CY2018 soybean purchases from Argentina, Uruguay, and Canada also dropped from a year earlier.
- China increased its soybean imports from Russia, Kazakhstan, Ethiopia, and Ukraine during 2018, but only Russia was a significant supplier. Russia supplied China with 816,000 metric tons during CY2018, up 309,000 mt from 2017.