Belarus to be among the top 10 suppliers of fats, oils and dairy products to China by 2023

Published 2024년 6월 20일

Tridge summary

In 2023, China imported a total of 13.3 million tons of oil products valued at $14.2 billion, with palm oil being the largest import. Other significant imports included rapeseed and sunflower oil, and the top sources were Indonesia, Russia, and Malaysia. Additionally, China imported 2.6 million tons of milk and dairy products worth $7.4 billion, led by milk powder. New Zealand and Australia were the largest suppliers, with Belarus ranking eighth in both import volumes and showing the highest year-on-year growth in exports for both oil products and dairy products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, China imported 13.3 million tons of oil products worth $14.2 billion. In the import structure of oil products, palm oil accounts for the largest share, and rapeseed oil and sunflower oil are also major import products. The top three sources of China's oil products are Indonesia, Russia and Malaysia. Belarus ranks seventh, exporting 246,000 tons to China, a year-on-year increase of 5.1 times, and worth $280 million, a year-on-year increase of 3.4 times. In 2023, China imported 2.6 million tons of milk and dairy products worth $7.4 billion. In the import structure of dairy products, milk powder accounts for the largest share (39.7%). In addition, drinking milk, cream and cheese are also ...

Source: Foodmate