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In March, China significantly reduced the import of grain from several countries that were previously its main suppliers. Ukraine and EU countries were the most affected. This information came from the Main Customs Administration of China and was reported by Prime.
Overall, in March, the volume of grain supplies to China decreased almost four times compared to the previous year, amounting to $463.9 million. The most affected grains in the market were corn, with imports decreasing by 23 times, and wheat with a 10.6 times reduction in imports.
The most significant losses were noted in relation to Ukrainian grain. The volume of its supplies to China decreased by 2.4 thousand times on an annual basis, reaching $60,000 compared to $141.3 million the previous year.
The losses of EU countries were slightly smaller: imports from Germany decreased by 779 times to $44,000, and from France by 204 times to $1 million. Deliveries from Bulgaria, which amounted to $67,000 in March last year, were not made last month.
Moreover, there is a decrease in grain imports from South and North American countries. Brazil sold grains worth $20.8 million, the USA - $20.3 million, which is 17.5 and 11 times less, respectively, than in the previous March. Argentina's losses were slightly smaller - its supplies decreased by six times to $21 million.
A significant reduction in grain supplies also occurred from Australia (2.6 times less) and Canada (2.5 times less), which are other major suppliers to China.
However, there are countries that managed to significantly increase their exports to China, mainly due to rice. For example, India increased grain sales to Chinese companies by 284 times to $13.8 million, Vietnam by three times to $46.5 million, Thailand by 1.5 times to $26.8 million, while Myanmar and Cambodia by one-third to $18 million and $8 million, respectively.
The only exception was Uruguay, which increased barley exports to China by 67 times to $11 million.
