Deliveries of Belarusian Whey to China have outpaced shipments to Russia

Published 2020년 10월 22일

Tridge summary

Belstat reports that for the first time, more whey products were exported to China than to Russia, with a 29% increase to 90.66 thousand tons and 17.7% increase to 59.69 million dollars from January to August. China has become the main market for this product, with a 2.1 times increase to 36 thousand tons, while deliveries to Russia increased by 6.3% to 35.97 thousand tons but revenue decreased by 30.5% to 17.76 million dollars. Despite a significant reduction in cheese production, whey exports almost did not fall, with 18.6 thousand tons of goods exported in the first three quarters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the first time, more products were delivered to China than to Russia, according to Belstat. Exports of whey increased in January-August by 29% to 90.66 thousand tons. In monetary terms, the increase was 17.7% to 59.69 million dollars. The share of the Russian direction was only 39.7%. Deliveries to Russia increased by 6.3% to 35.97 thousand tons, and revenue from them decreased by 30.5% to 17.76 million dollars. Serum deliveries to China outpaced shipments to Russia. As a result, China has become the main market for this product. They increased 2.1 times to 36 thousand tons, including 5.5 thousand tons in August. In monetary terms, exports increased 2.3 times to 26.66 million dollars. For Ukrainian whey producers, the main buyer is China (64%). Last month, total foreign sales of whey increased by 20% to 2.2 thousand tons. Further growth in exports is unlikely, Ukrainian production does not increase supply. But it should be noted that ...
Source: MilkUA

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