China, the world’s biggest soybean buyer, almost halved imports of the commodity from the U.S. in 2018 after a trade war with America hurt shipments from the Asian nation’s second-largest supplier.
China bought 16.64 million tons of soybean from the U.S. in 2018, a drop of 49 percent from the year before, according to Bloomberg calculations based on customs data. Imports from Brazil, China’s largest supplier, totaled 66.1 million tons, up 30 percent from 2017.
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