In the first five months of 2023, China increased its natural gas and oil imports by 3.3% and 6.2%, respectively, Report informs, citing the General Administration of Customs of the People's Republic of China.
The country imported 230.21 million tons of oil for $135.128 billion. This is 12.4% less than in the same period in 2022. In May, China bought 51.444 million tons of oil from abroad for $30.302 billion.
In January-May 2023, China imported 46.291 million tons of natural gas for $26.984 billion (in price terms, an increase of 0.5%). In May, China purchased 10.641 million tons of natural gas from abroad for $5.432 billion.
Coal imports in January-May 2023 amounted to 182.059 million tons (an increase of 89.6%) and cost China $23.167 billion (an increase of 49.5%). In May, the country purchased 39.584 million tons of coal from abroad for $4.612 billion.