Chine Importations

Imports to China rose by 20.6 percent year-on-year to USD 215.68 billion in October 2021, compared with market expectations of a 25.0 percent gain and after a 17.6 percent growth in September. Purchases grew for coal (96.29 percent), refined products (43.28 percent), natural gas (24.53 percent) copper ores & concentrates (6.33 percent), while fell for crude oil (-11.2 percent), unwrought copper (-33.58 percent), iron ore (-14.18 percent), steel products (-41.67 percent), edible oil (-30.73 percent), rubber (-23.70 percent), soybeans (-41.19 percent), and meats (-12.75 percent). Arrivals gained from Japan (9.9 percent), South Korea (22.3 percent), Taiwan (7.2 percent), Australia (24.3 percent), the US (4.6 percent), and the ASEAN countries (23.1 percent), but dropped slightly from the EU (-0.7 percent).