Why China Imports Soybeans From The Us?
Di: Ava
NAPERVILLE, ILLINOIS, April 29 (Reuters) – China wants to reduce reliance on foreign soybeans, but importers apparently didn’t get the “Brazil remained China’s top soybean supplier in 2024 as Beijing expanded its effort to reduce its reliance on the US and deepen cooperation with ‘Belt and Road’ countries to ensure food security,” Reuters reported. “Brazil’s soybean market share rose to 71%, while the U.S. share shrank to 21%, according to Reuters calculations based on the data. Imports from China’s food supply ‘fully secure’; US soybean, pork exports plunge due to tariffs American soybean, pork exports plunge as nation shifts import sources By Ma Tong Published: Apr 28, 2025 09
China imposes sweeping 34% tariffs on all US imports Blocks US agricultural exports, with soybean trade hardest hit Brazil emerges as clear
China has suspended the soybean import qualifications of three U.S. exporters—CHS Inc., Louis Dreyfus Company Grains Merchandising LLC, and EGT. Additionally, China halted imports of U.S. lumber starting Tuesday, according to a statement from the country’s customs department. This move follows concerns over quality and safety in the imported goods. BEIJING, March 20 (Reuters) – China’s soybean imports from the United States jumped 84.1% in the first two months of 2025 compared with a year ago, but competitive pricing and a trade standoff with the U.S. is expected to boost purchases from Brazil in the months ahead.
US and China at odds over corn import ideas after soy divergence
Explore how China soybean imports are changing amid the US trade war, with record increases and shifting supplier preferences.
China’s soybean imports – which became deeply ingrained in the US-China trade war during Donald Trump’s first presidential term – hit a record high of 105 million tonnes in 2024 China’s Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper
China is the world’s leading importer of soybeans, but changing dynamics and longer-term trends may pose questions for South American producer nations, which have seen years of reliable growth in the soy sector to meet rising Chinese demand. After two decades of near-constant increases, China’s soybean imports have seen periodic dips and disruption Brazil has taken that spot, and Nikkei reported that Chinese negotiators traveled to Brazil last week to hold bilateral discussions to further expand imports of Brazilian soybeans. Although no longer China’s biggest soybean supplier, the United States still sends about half of its soybean exports to the world’s second most
US-China Trade War: What do China and United States import and export from each other? US-China trade war: Soybeans, valued at $15.2 billion, were the top US export to China, while broadcasting
US Share of China Soybean Market Fell to 21% in 2024
China’s grain supply won’t be affected by a loss of US feed grain and oilseed imports, thanks to abundantly available substitutes on the global market. Since the U.S. and China imposed tit-for-tat tariffs in a trade war during U.S. PresidentDonald Trump’s first term, Beijing has taken steps to
The results indicate that the Brazilian area expansion does not significantly affect US soybean exports to China but positively impacts Brazil’s soybean exports to China. Ex-post analysis of the impacts of Chinese tariff during the US–China trade war indicates that China significantly diverted its imports from the United States to
US-China trade tensions, respective policy responses, geopolitics, and climate shocks will continue to reshape the global food system. As the largest and most concentrated segment of global agricultural trade, soybeans provide clear evidence for this: the beans and their byproducts account for more than 10 percent of the total value of the global agriculture trade.
BEIJING – China suspended on March 4 the soya bean import licenses of three US firms and halted imports of US logs, stepping up retaliatory action after the US imposed additional tariffs on Currently, US new crop sales sit at 1 million mt, in line with 2024 levels. Market sources attribute US bean demand to rising bean premiums in Brazil. After reaching a decade-low in April 2025, China’s soybean imports surged to a record high of 13.92 million mt in May, according to customs data released on June 9. The Chinese government was quick to react to the US increasing tariffs on imports from China from 10% to 20%. China has decided to largely target the US agricultural industry by imposing additional tariffs ranging between 10-15%. An additional 10% tariff will be imposed on US soybeans, sorghum, pork
China is promoting high-quality imports of soybeans alongside its growing domestic production. Chinese agricultural experts and industry insiders noted that the cooperation between China and The U. S. and Brazil dominate the global soybean export market, together accounting for over 80% of exports, while China is responsible for about 60% of total imports. Outlook Increased Chinese tariffs on U.S. soybeans have created massive supply and demand issues for both the United States and China.
BEIJING, CHINA — The Chinese government on March 4 announced it has suspended the import licenses of three US companies — farmer-owned cooperative CHS Inc., Louis Dreyfus Co. Grains Merchandising, and EGT, which is partially owned by Bunge Global SA. The suspensions were due to the detection of ergot as well as seed-coating agents in
From the editor: Has China’s import boom peaked?
Chinese customs authorities on Tuesday announced a ban on US log imports and the suspension of soybean export qualifications to China for In the 2023-24 marketing year, China ranked first in wheat, corn, sorghum and barley imports, according to data from the Foreign Agricultural Service of the US Department of Agriculture (USDA). It also ranked first, as it always does, in soybean imports by a wide margin, bringing in 111.5 million tonnes of the 177 million tonnes (63%) of soybeans traded globally. The days of China relying on America for soybeans could be numbered as agricultural ministry outlook report for next decade puts onus on self-sufficiency.
China’s soybean imports from the United States rose 12% in March from the same period last year, as shipments secured in late 2024 by buyers concerned about the potential for a trade spat between China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.
China suspended on Tuesday the soybean import licences of three U.S. firms and halted imports of U.S. logs, stepping up its retaliation for
China has long relied on the U.S. for soybeans. But with new steep tariffs, it is likely to look even more to Brazil and Argentina. BEIJING/SAO PAOLO/TOKYO — China has frozen purchase orders for American soybeans and corn since mid-January, Nikkei has
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