# China to maintain lead in agricultural imports for next decade – USDA

> A USDA long-term outlook projects China will remain the largest importer of soybeans, reaching 62.4% of global imports by 2033/34. China's sorghum and barley imports are expected to grow strongly to meet feed demand. Corn imports are projected to stay nearly flat.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/14773-china-to-maintain-lead-in-agricultural-imports-for-next-decade-usda
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Sustained Chinese feed-grain demand supports long-run sorghum, barley and soybean trade. Flat corn imports mean limited upside for corn exports to China.

## Read by commodity

- SOY: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-06 | [Record U.S. FY 2022 Agricultural Exports to China \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14870-record-u-s-fy-2022-agricultural-exports-to-china-usda-foreign-agricultural.md) | +4.3% | +4.4% |
| SOY | 2021-12-08 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/43568-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | +0.7% | +10.7% |
| SOY | 2024-08-28 | [Export Sales to China, Colombia, and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14724-export-sales-to-china-colombia-and-mexico-usda-foreign-agricultural-service.md) | +4.0% | +8.9% |
| SOY | 2023-08-01 | [China: China Trade Data Update - 1st Half CY2023 \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14818-china-china-trade-data-update-1st-half-cy2023-usda-foreign-agricultural-service.md) | -2.2% | -3.5% |
| SOY | 2026-03-19 | [China: Oilseeds and Products Annual \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14592-china-oilseeds-and-products-annual-usda-foreign-agricultural-service.md) | +0.9% | +0.2% |

## Sources

- apk-inform.com: https://www.apk-inform.com/en/news/1539928

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.