Galaktika Group from Russia quadrupled dairy exports to China in 2020

Published 2021년 2월 18일

Tridge summary

In 2020, Galaktika Group, the leading dairy producer in the North-West region of Russia, saw a four-fold increase in dairy exports to China compared to 2019. The company's goal is to reach $1 million in exports to China in 2021. The company has been accredited to export to China since January 2019 and has faced challenges due to the need to amend CIFER for all dairy product suppliers. The main products exported to China are shelf-stable milk and ice cream milkshakes, with the Bolshaya Kruzhka brand being particularly popular. China ranked as the 13th largest importer of Russian dairy products in 2020, with volumes increasing by 22% compared to the previous year.

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

Original content

In 2020, Galaktika Group, the largest manufacturer of dairy products in the North-West region of the Russian Federation, increased its exports to China by 4 times compared to 2019. This was reported by the FGBU Agroexport under the Ministry of Agriculture. As Deputy General Director for Sales Denis Iyudin said in the summer of 2020, the plans for 2021 are to increase the export of dairy products to China to a million dollars. The main products that GC sends to the Chinese market are shelf-stable milk and ice cream milkshakes. As Denis Iyudin told Agroexport, for Galaktika 2020 was the first full year of work with Chinese partners. In 2019, it was possible to send batches of dairy products to China only towards the end of the year. Galaktika Group was among the first 10 companies accredited to export dairy products to China in January 2019, immediately after the opening of this market. The first export contract was signed by the GC at the SIAL China exhibition in May 2019. “We ...

Source: Chinalogist