General Administration of Customs
Coverage of General Administration of Customs in the Nexus archive.
- Brazil widens lead in China’s soybean market as US shipments fall despite Trump-Xi deal
China imported 12.08 million tonnes of Brazilian soybeans in June, a 13.7% annual increase, while US shipments fell 20.6% to 1.27 million tonnes, despite a Trump-Xi soybean purchasing deal. Total soybean imports reached a record 13.55 million tonnes, driven by Brazilian supply.
- Global AI boom sees China’s chip exports nearly double in first half of year
China’s chip exports nearly doubled in the first half of 2024, reaching $177.28 billion in value, driven by a global AI boom. Customs data shows a 96% year-on-year increase in integrated circuit exports during this period.
- China clears Brazilian beef of foot-and-mouth disease, but quota limits profits
China recognized Brazil as free of foot-and-mouth disease, granting the country wider access to China's beef market. However, a new quota system will limit price potential for Brazilian exporters.