China’s crude oil imports rise 3.3% year on year in April

10 May 2012 08:41  [Source: ICIS news]

SINGAPORE (ICIS)--China imported 22.3m tonnes of crude oil in April, 3.3% more than the same period a year earlier but 5.5% less than the volumes imported in March 2012, China Customs data showed on Thursday.

The country’s total crude imports in the first four months of this year increased by 9.3% year on year to 92.9m tonnes, the data showed.

Imports of ABS resins decreased by 26.9% year on year to 122,194 tonnes in April, the data read.

The country’s total exports increased by 4.9% year on year to $163.3bn in April, while imports rose by 0.3% to $144.8bn for the same month.

China’s trade surplus in April was at $18.4bn, more than triple the $5.3bn seen in the previous month. 

 

 

April 2012

January-April 2012

 

'000 tonnes

YoY change (%)

'000 tonnes

YoY change (%)

Imports

 

 

 

 

Crude

22,260

3.3

92,870

9.3

Oil products

3,020

-5.6

13,810

-2.9

Primary shape plastics

1,710

-7.1

7,470

-3.5

ABS resins

122

-26.9

533

-17.6

Polyester chips

15

0.7

63

12.5

Natural rubber

170

0.0

650

0.6

Synthetic rubber

118

0.0

478

-5.0

Exports

 

 

 

 

Crude

50

-82.8

1,000

1.9

Oil products

1,660

-19.4

7,720

-10.0

Plastic products

718

6.2

2,527

6.5

Source: China Customs


By: Fanny Zhang
+65 6780 4359



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