As per the latest Monthly Bulletin by the General Administration of Customs of the People’s Republic of China, the total import value from Australia for March 2021 stood at US$13,159.40 million, which is a 47.30% surge Year Over Year compared to March 2020 data of US$8,933.35 million. With the latest data, China’s import from Australia totalled US$33,730.9 million for the three months in 2021, which is a 21.26% increase compared to US$ 27-816.26 million for the first three months in 2020.
Iron ore and concentrates
Chinese import of Iron ore and concentrates for March 2021 was reported at 102.10 million tonnes, valued at US$16,387.10 million. This records a significant 43.74% decline from the previous number of 181.51 million tonnes for January-February 2021 and an 18.85% Year-over-Year increase compared to March 2020’s value of 85.90 million tonnes.
Copper ore and concentrates
China’s import of Copper ore and concentrates for March 2021, valued at US$2,816.8 million, dropped by 42.70% to 2.17 million tonnes compared to the January-February 2021 total of 3.79 million tonnes. This is also a 22% upside Year-Over-Year when compared to the March 2020 value of 1.78 million tonnes.
Coal and lignite
China imported 27.30 million tonnes of Coal and lignite in March 2021, valued at US$2,170.10 million. This is a 1.80% year-over-year decrease compared to 27.80 million tonnes in March 2020 and a 33.55% downside from January-February 2021 data of 41.13 million tonnes.