As per the Monthly Bulletin by the General Administration of Customs of the People’s Republic of China, Beijing posted a 0.24% month-on-month jump in imports from Australia for December 2020 compared to November 2020 data of US$9,489.42million.
For December 2020, the total import value stood at US$9,512.50 million, which is a nearly 8.91% Year Over Year decline compared to December 2019 data of US$10,443.09 million. With the latest data, China’s import from Australia totalled US$114,836.70 million for the twelve months in 2020, which is a 5.43% decline compared to US$121,431.54 million for the twelve months in 2019.
Iron ore and concentrates
Chinese import of Iron ore and concentrates for December 2020 was reported at 96.75 million tonnes, valued at US$11,742.70 million. This is a 1.43% decline from the previous number of 98.15 million tonnes for November 2020 and a 4.5% Year-over-Year decrease compared to the December 2019 value of 101.30 million tonnes.
Copper ore and concentrates
China’s import of Copper ore and concentrates for December 2020, valued at US$3,481.40 million, surged by nearly 3% to 1.89 million tonnes compared to the November 2020 total of 1.83 million tonnes. However, this is a nearly 2.25% downside Year-Over-Year when compared to the December 2019 value of 1.93 million tonnes.
Coal and lignite
China imported 39.08 million tonnes of Coal and lignite in December 2020, valued at US$1,946.10 million. This is a massive 1309.39% year-over-year surge compared to 2.77 million tonnes in December 2019 and a 234.80% upside from November 2020 data of 11.67 million tonnes.