# China's monthly soybean imports jump | World Grain

> China's soybean imports rose to 7.72 million tonnes in September, up 12% year over year, with US shipments reaching 1.15 million tonnes. Year-to-date imports for the first nine months remain 6.6% lower than last year at 69.04 million tonnes.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger Chinese demand for soymeal for hog feed supports soybean and meal prices, though cumulative imports remain below last year's pace.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-17 | [China’s December soybean imports jump](https://feedsoft.ai/events/37768-china-s-december-soybean-imports-jump.md) | -3.1% | +0.3% |
| SOY | 2018-12-05 | [Argentina soybean imports soaring \| 2018-12-05  \| World Grain](https://feedsoft.ai/events/61426-argentina-soybean-imports-soaring-2018-12-05-world-grain.md) | +0.9% | -0.2% |
| SOY | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -6.0% | -7.2% |
| SOY | 2020-12-22 | [China to import record amount of soybeans \| 2020-12-22  \| World Grain](https://feedsoft.ai/events/49644-china-to-import-record-amount-of-soybeans-2020-12-22-world-grain.md) | +4.2% | +10.2% |
| SOY | 2021-04-13 | [China's Q1 soybean, grains imports surge on strong demand](https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand.md) | +4.9% | +17.2% |
| SBM | 2021-08-17 | [India could allow soybean meal imports \| 2021-08-17  \| World Grain](https://feedsoft.ai/events/45647-india-could-allow-soybean-meal-imports-2021-08-17-world-grain.md) | -3.2% | -2.8% |
| SBM | 2020-12-22 | [China to import record amount of soybeans \| 2020-12-22  \| World Grain](https://feedsoft.ai/events/49644-china-to-import-record-amount-of-soybeans-2020-12-22-world-grain.md) | +3.6% | +8.2% |
| SBM | 2023-08-08 | [China's soybean imports up 15% in January-July - Chinadaily.com.cn](https://feedsoft.ai/events/14824-china-s-soybean-imports-up-15-in-january-july-chinadaily-com-cn.md) | +2.8% | -7.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/17636-chinas-monthly-soybean-imports-jump

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