Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
1201. Soya beans, whether or not broken | China | USA | Imports | Value (US$) | 15,381,233,227.00 | 13,291,859,258.00 | 16,328,693,944.00 | 12,409,525,160.00 | 13,763,759,046.00 | 13,940,603,834.00 | 7,061,192,629.00 | 6,682,215,259.00 | 10,650,472,282.00 | 16,956,694,737.00 | 19,108,341,547.00 | 15,299,669,751.00 |
Value Growth, YoY (%) | 22.28 | -13.58 | 22.84 | -24.00 | 10.91 | 1.28 | -49.34 | -5.36 | 59.38 | 59.21 | 12.68 | -19.93 |
The value of imports of commodity group 1201 "Soya beans, whether or not broken" to China from USA totalled $ 15.2 billion in 2023. Sales of commodity group 1201 to China from USA declined by 19.9% compared to 2022.imports of commodity group 1201 "Soya beans, whether or not broken" decreased by $ 3.8 billion (the value of sales of commodity group 1201 to China from USA was equal to $19.1 billion in 2022)
Imports of commodity group 1201 amounted to 9.26% of total merchandise imports to China from USA (in 2023, total imports to China from USA were $ 165 billion). The share of commodity group 1201 in total imports to China from USA decreased by 1.41 p.p. compared to 2022 (it was 10.6% in 2022 and cumulative imports to China from USA were equal to $ 178 billion).
Imports of commodity group 1201 accounted for 95% of total imports of group "" to China from USA in 2023 (in 2023, the value of imports of commodity group to China from USA was $16 billion). The share of purchases of commodity group 1201 in total imports of commodity group to China from USA increased by 0.398 p.p. compared to 2022 (it was 95% in 2022, and imports of commodity group to China from USA accounted for $20 billion).
The share of USA in total imports of commodity group 1201 "Soya beans, whether or not broken" to China amounted to 25 percent (15.2 billion USD) in 2023 of 59 billion USD - the value of total merchandise imports of commodity group 1201 to China in 2023. The share of USA in imports of commodity group 1201 "Soya beans, whether or not broken" to China went down by -5.46 p.p. in value compared to 2022 (it was 31 percent in 2022, and total imports of commodity group 1201 to China were equal to 61 billion USD).