Loading...
Market
What will be China's soybean import volume for the second half of 2024?
2
Resolution / Starting Odds
Below 45 million metric tons • 25%
45-50 million metric tons • 25%
50-55 million metric tons • 25%
Above 55 million metric tons • 25%
China's General Administration of Customs report or other official trade data releases
Story
China's June Exports Surge 8.6% Amid Falling Imports and $99.05 Billion Record Trade Surplus
Jul 12, 2024, 03:13 AM
China's exports in June rose by 8.6% year-on-year in U.S. dollar terms, surpassing expectations of an 8% increase. This growth marks the fastest pace in fifteen months as manufacturers expedited shipments in anticipation of potential tariffs. In contrast, China's imports fell by 2.3% year-on-year in June, missing the estimated growth of 2.5%. Despite the drop in imports, China's trade surplus for June reached $99.05 billion, the highest level since 1990. For the first half of 2024, China's total goods imports and exports expanded by 6.1% year-on-year in yuan terms, totaling 21.17 trillion yuan ($2.91 trillion). Notably, imports of unwrought copper increased by 6.8% to 2.76 million metric tons, while soybean imports for the same period decreased by 2.2% to 48.48 million metric tons. Year-to-date, exports increased by 3.6% in USD terms, and imports rose by 5.2% in yuan terms. Additionally, China exported 5.367 million tons of oil products in June.
View original story
Similar markets
Increase • 25%
Decrease • 25%
Remain the same • 25%
Significant decrease (more than 50%) • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Remain roughly the same • 25%
Decrease by up to 10% • 25%
Decrease by more than 10% • 25%
Less than 50% of pre-ban levels • 25%
50% to 75% of pre-ban levels • 25%
75% to 100% of pre-ban levels • 25%
More than 100% of pre-ban levels • 25%
Return to pre-ban levels • 25%
Increase but not to pre-ban levels • 25%
Remain the same • 25%
Decrease further • 25%
Less than 10 million barrels • 25%
10-20 million barrels • 25%
20-30 million barrels • 25%
More than 30 million barrels • 25%
Below 1 million quintals • 25%
1 - 2 million quintals • 25%
2 - 3 million quintals • 25%
Above 3 million quintals • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Less than 40 million barrels • 25%
40-50 million barrels • 25%
50-60 million barrels • 25%
More than 60 million barrels • 25%
Less than 10% • 25%
10%-20% • 25%
20%-30% • 25%
More than 30% • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%