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China's buying of US soybeans at highest level since trade tensions began

The US exported 1.4 million tons soybeans to China in January, the highest level since the trade war began, writes shipping association Bimco in an analysis.

Photo: Norden

The exports of soybeans from the US to China grew significantly over the turn of the year, and in January it hit the highest level since the trade war began in March 2018, shows an analysis from shipping association Bimco.

China bought 1.4 million tons soybeans from the US in January, which corresponds to 30.7 percent of the US' combined soybean exports. In comparison, exports to China from the US was at just 69,079 tons soybeans one month prior, in December 2018.

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