# China 2023 grain import volume up, value dips - Grain Central

> China's 2023 grain imports rose 12% to 162 million tonnes, while their value dipped slightly to US$82.3 billion. December corn receivals hit a monthly record of 4.95 Mt, and full-year corn imports rose 31.6% to 27.13 Mt, lured by Brazilian supply.

- Date: 2024-01-23 · published 2024-01-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14782-china-2023-grain-import-volume-up-value-dips-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Strong Chinese corn buying from Brazil and Argentina diverts demand from U.S. corn and reflects ample South American supply that pressures global feed grain prices.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-24 | [China’s grain import volume declines in 2022 - Grain Central](https://feedsoft.ai/events/14873-china-s-grain-import-volume-declines-in-2022-grain-central.md) | +1.2% | +1.1% |
| CORN | 2025-09-02 | [China’s grain imports have slumped big-time](https://feedsoft.ai/events/22844-china-s-grain-imports-have-slumped-big-time.md) | +1.0% | +3.3% |
| CORN | 2018-09-24 | [Trade war lowers China’s grain imports \| 2018-09-24  \| World Grain](https://feedsoft.ai/events/62890-trade-war-lowers-china-s-grain-imports-2018-09-24-world-grain.md) | +0.7% | +2.6% |
| CORN | 2022-02-25 | [China Diversifies Grain Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14959-china-diversifies-grain-imports-u-s-gets-smaller-piece-feed-and-grain.md) | +6.6% | +10.3% |
| CORN | 2021-05-11 | [Daily Market Wire 11 May 2021 - Grain Central](https://feedsoft.ai/events/7465-daily-market-wire-11-may-2021-grain-central.md) | -7.7% | -2.5% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/china-2023-grain-import-volume-up-value-dips/

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