China imported more oil, gas and soybeans from January to April 2020

Customs data showed that China, which is one of the largest importers of energy and food in the world, bought more crude oil, natural gas and soybeans in the first four months of this year.

The Chinese Xinhua News Agency reported on Sunday that the General Administration of Customs said that the country imported approximately 170 million tons of crude oil during the mentioned period, an increase of 1.7% on an annual basis, while natural gas imports increased by 1.5% to reach 32.33 million tons.

Coal imports increased by 26.9 percent to 130 million tons.

During this period, China saw soybean imports grow by 0.5% year on year to reach 24.51 million tons.

In light of the turmoil caused by the pandemic of the new Coronavirus, China’s exports and imports decreased by yuan in total by 6.4% and 2.3%, respectively, from January to April, which led to a decrease in the trade surplus by 30.4%.