Brazil has maintained its position as the largest source of agricultural imports for China for six consecutive years starting 2018, led by soybean and corn shipments, data released by China's Ministry of Agricultural and Rural Affairs showed.
The US remained as the second-largest agricultural exporter to China last year, but the value of shipment has dropped by around 22 percent year-on-year to $32.9 billion in 2023.
In 2023, Brazil exported $58.62 billion of agricultural products to China, setting a new record and accounting for 24.85 percent of total China's agricultural imports, followed by the US with a share of 13.96 percent. They were followed by Thailand, Australia and Indonesia.
Brazil's agricultural exports to China also accounted for over half of its total exports to China last year.