Primorye in Russia plans to increase trade turnover with China by 28% in 2024 and is ready to increase supplies of milk and honey

Primorsky Krai plans to increase the volume of trade with China in 2024 by 28% compared to 2023, to $11 billion, said the Minister of Economic Development of the region Andrei Blokhin during a meeting with a delegation of the Committee for the Promotion of International Trade of Heilongjiang Province of the People's Republic of China on Tuesday. “The annual growth in trade turnover between Primorye and China is more than 25%. We plan to increase trade volume by $2.4 billion and bring the total trade turnover to $11 billion this year,” the press service of the Primorye government quotes Blokhin as saying. Primorye today exports seafood, processed softwood and hardwood lumber, milk, corn, soybeans and honey to China. “We are also ready to supply finished wood products to Chinese buyers: laminated veneer lumber produced by the Terneyles company and wooden toys for children produced by the Eco-Toys company. If there is stable demand, we are ready to increase milk exports from 2027 to ...