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China's commodity imports surge in Q1

Date:2021-04-25

china saw surging commodity imports in the first quarter of this year, according to the general administration of customs.

the country imported 283 million metric tons of iron ore, up 8 percent on a yearly basis between january and march, while its crude oil and natural gas imports grew respectively by 9.5 percent and 19.6 percent year-on-year to 139 million tons and 29.39 million tons.

meanwhile, china39;s imports of soybeans grew by 19 percent on a yearly basis to 21.18 million tons. the imports of corn and wheat surged by 437.8 percent and 131.2 percent year-on-year to 6.73 million tons and 2.93 million tons, respectively.


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