# China to Import 110 MMT Soybeans Annually Within Five Years

> China Grain and Oil Information Center projects China will import 95 million metric tons of soybeans in 2017/18. Imports are expected to rise by 3.5 to 4.0 million tons per year, reaching 110 million tons by 2022.

- Date: 2017-10-16 · published 2017-10-16T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/68326-china-to-import-110-mmt-soybeans-annually-within-five-years
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Sustained growth in Chinese soybean imports supports global soybean demand and the crush margin for soybean meal. The projection is a long-range estimate that depends on China's domestic production and feed demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-09-10 | [China Aug soybean imports at record 12.14mn tons](https://feedsoft.ai/events/14717-china-aug-soybean-imports-at-record-12-14mn-tons.md) | +0.5% | +3.4% |
| 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 | 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 | 2020-12-09 | [Soybeans still China's top U.S. ag import - Best Soil Amendments](https://feedsoft.ai/events/49500-soybeans-still-china-s-top-u-s-ag-import-best-soil-amendments.md) | +3.4% | +18.7% |
| SBM | 2022-11-07 | [China’s October soybean imports slide to lowest in eight years](https://feedsoft.ai/events/38680-china-s-october-soybean-imports-slide-to-lowest-in-eight-years.md) | -3.0% | +1.9% |
| 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 | 2023-11-10 | [China soybean imports top 100 million tonnes](https://feedsoft.ai/events/33166-china-soybean-imports-top-100-million-tonnes.md) | +3.6% | -4.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/10/16/china-import-110-mmt-soybeans-within

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