Saudi Arabia holds spot as China’s top crude supplier in April, UAE imports plunge
China’s imports from Saudi Arabia slowed in April but the kingdom retained its position as China’s top supplier of crude oil for an eighth consecutive month, customs data showed on Thursday, while arrivals from the United Arab Emirates plunged.
Shipments from Saudi Arabia were 6.47 million tonnes last month, or 1.57 million barrels per day (bpd), hitting their lowest since October, data from the General Administration of Chinese Customs showed on Thursday.
Imports from Russia also dipped in April from a month earlier, to 6.3 million tonnes, or 1.53 million bpd, in line with a scaleback in Chinese crude purchases as refiners faced narrowing margins.
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BEIJING: Saudi Arabia, the world’s biggest oil exporter, beat Russia to keep its ranking as China’s top crude supplier in 2020, Chinese government data showed on Wednesday. Oil demand in China, the world’s top oil importer, remained strong last year even as the coronavirus crisis hammered global appetite. Chinese imports rose 7.3 percent to a record of 542.4 million tons or
North Korea imported more than $12M of goods from China, data show
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North Korea resumed imports of essential goods from China in March after months of low activity, customs data show. File Photo by Stephen Shaver/UPI | License Photo
April 19 (UPI) North Korea ramped up purchases of Chinese imports, including essential goods and chemical fertilizers, according to a South Korean press report.
Data from the General Administration of Chinese Customs showed North Korea imported more than $12.9 million of goods from China in March, a huge jump from $3,000 in February. The March data indicates North Korean imports of goods from China surpassed $10 million for the first time in six months, Yonhap reported Monday.
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