Executive Summary Chinese dairy import figures provided by GTIS were recently updated with values spanning through Jul ’16. Highlights from the updated report include: • Total Chinese dairy import volumes increased on a YOY basis for the 12th consecutive month during Jul ‘16, finishing up 9.3% to a new record high figure for the month of July. • Chinese dairy import volumes originating from within the EU-28 exceeded volumes originating from within New Zealand for the fourth consecutive month during Jul ’16, despite volumes originating from New Zealand increasing by 21.4% YOY. • Jul ’16 Chinese dairy imports excluding whole milk powder and skim milk powder remained strong, finishing up 16.4% YOY to a new record high for the month of July. Additional Report Details According to GTIS, Jul ’16 total Chinese dairy import volumes declined 3.6% MOM on a daily average basis but remained 9.3% higher YOY, finishing at a record high level for the month of July. Total Chinese dairy import volumes have increased YOY for 12 consecutive months through July. Total Chinese dairy import volumes originating from within the New Zealand were particularly strong, increasing by 21.4% YOY during Jul ’16, however import volumes originating from within the EU-28 continued to exceed volumes originating from within New Zealand for the fourth consecutive month. Jul ’16 Chinese whole milk powder (WMP) import volumes declined 11.5% MOM on a daily average basis but remained 5.1% higher on a YOY basis while skim milk powder (SMP) import volumes declined 14.8% MOM on a daily average basis and 26.9% YOY, finishing at a five year low for the month of July. Jul ’16 Chinese dairy imports excluding WMP and SMP remained particularly strong, increasing by 16.4% YOY and finishing at a new record high for the month of July. Jul ’16 Total Chinese Dairy Import Volumes Remained Below the Jan ’16 Highs Jul ’16 Total Chinese Dairy Import Volumes Declined 3.6% MOM but Remained up 9.3% YOY Chinese Dairy Import Volumes Increased to a Record High for the Month of July Jul ’16 Chinese WMP Import Volumes Declined 11.5% MOM but Remained up 5.1% YOY Chinese WMP Imports Finished Near a Five Year Low for the Month of July Jul ’16 Chinese SMP Import Volumes Declined 14.8% MOM and 26.9% YOY Chinese SMP Imports Finished at a Five Year Low for the Month of July Jul ’16 Chinese Dairy Imports Excluding WMP & SMP Down 0.3% MOM but up 16.4% YOY Chinese Dairy Imports Excluding WMP & SMP Finished at a July Record High The EU-28 Accounted for Over a Third of the Total Jul ’16 Chinese Dairy Import Volumes