Russian food supplies to China increased by one and a half times

In the first quarter of 2021, China purchased 57% more Russian agricultural products than in the first quarter of 2020. The supply of soybeans has more than quadrupled, and China switched from pollock to crabs. According to the Federal Customs Service, in January - March 2021, Russia exported 1.8 million tons of food to China, the Agroexport federal center under the Ministry of Agriculture said. China ranks second in terms of imports of our agricultural products. In the first place is Turkey. The structure of exports has changed significantly. Thus, the supply of soybeans increased 4.4 times (up to more than 1 million tons). In value terms, they accounted for a third of all supplies to China ($ 357 million), noted in Agroexport. At the same time, almost all of the volume was exported in January. On February 1, an export duty of 30% was introduced for soybeans. And exporters used the mechanism of preliminary declaration, having declared a large amount at once, says Mikhail Maltsev, ...