# China’s rice, soybean imports top the world in 2017 - People's Daily Online

> China's 2017 customs data show total cereal imports of 130.62 million tonnes, up 13.9 percent from 2016. Soybean imports were 95.53 million tonnes, with rice at 4.03 million, wheat at 4.42 million, and corn at 2.83 million. Officials say grain self-sufficiency remains above 95 percent.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Chinese soybean imports confirm strong structural demand for protein meal, supporting world soybean and meal prices. Corn import volume at 2.83 million tonnes is modest relative to total cereal demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-06-19 | [China 2017/18 soybean imports soar \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/70483-china-2017-18-soybean-imports-soar-agrifish-post-online-media.md) | -3.7% | +4.9% |
| SOY | 2018-06-29 | [China’s soybean imports continue to rise \| World-grain.com \| June 29, 2018 13:49 \| World Grain](https://feedsoft.ai/events/64513-china-s-soybean-imports-continue-to-rise-world-grain-com-june-29-2018-13-49.md) | +1.5% | +1.1% |
| SOY | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +2.5% | +2.8% |
| SOY | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +1.9% | +7.3% |
| SOY | 2026-03-23 | [China expected to import more soybeans in 2026-27 \| World Grain](https://feedsoft.ai/events/20146-china-expected-to-import-more-soybeans-in-2026-27-world-grain.md) | -0.2% | +0.4% |
| SBM | 2017-06-19 | [China 2017/18 soybean imports soar \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/70483-china-2017-18-soybean-imports-soar-agrifish-post-online-media.md) | -2.4% | +6.9% |
| SBM | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +1.4% | -3.3% |
| SBM | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +2.3% | +15.3% |

## Sources

- en.people.cn: http://en.people.cn/n3/2018/0201/c90000-9422792.html

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