# China’s December soybean imports jump

> China's soybean imports rose 19 percent year on year to 10.56 million tonnes in December, the highest monthly total since June 2021. Full-year 2022 imports fell 5.6 percent to 91.08 million tonnes, the second annual decline.

- Date: 2023-01-17 · published 2023-01-17T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/37768-china-s-december-soybean-imports-jump
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Restocking demand supports near-term soybean and soymeal prices, but weaker annual imports and soft feed consumption cap the longer-term outlook.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | -0.6% | +2.3% |
| SOY | 2023-01-13 | [China's December soybean imports jump, annual volumes fall for 2nd year - DatamarNews](https://feedsoft.ai/events/14872-china-s-december-soybean-imports-jump-annual-volumes-fall-for-2nd-year.md) | -1.5% | +0.8% |
| SOY | 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) | -1.7% | -4.6% |
| SOY | 2023-11-10 | [China soybean imports top 100 million tonnes](https://feedsoft.ai/events/33166-china-soybean-imports-top-100-million-tonnes.md) | +2.4% | -1.8% |
| 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 | 2020-08-27 | [China's soybean imports will keep increasing - Chinadaily.com.cn](https://feedsoft.ai/events/51481-china-s-soybean-imports-will-keep-increasing-chinadaily-com-cn.md) | +3.7% | +14.5% |
| SBM | 2019-01-25 | [China's 2018 soybean imports from U.S. hit lowest since 2008](https://feedsoft.ai/events/60959-china-s-2018-soybean-imports-from-u-s-hit-lowest-since-2008.md) | -0.7% | -2.1% |
| SBM | 2017-12-22 | [China tightens import rules for U.S. soybeans](https://feedsoft.ai/events/67345-china-tightens-import-rules-for-u-s-soybeans.md) | -0.5% | +8.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-december-soybean-imports-jump/

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