According to data from the General Administration of Customs of the People's Republic of China (GACC), China's crude oil imports recorded 51.41 million tonnes in March, rising 20.44% month on month primarily because some independent refineries ramped up the imports in advance on concerns over future supply.
Source: GACC
The crude imports added up to 135.27 million tonnes in the first three months of 2025, down 1.52% from the same period last year.
In March, the top five origins of China's crude imports were Russia, Malaysia, Saidu Arabia, Iraq, and UAE, contributing 70.04% of China's total imports, GACC data showed.
Written by Aggie Hu, huchenying@mysteel.com
Edited by Navy Liu, liuchuanjun@mysteel.com
