Russia enters China's top five pork suppliers for the first time

Published 2024년 8월 23일

Tridge summary

In July 2024, Russia saw a significant increase in pork exports to China, reaching $9.6 million, a 4.3 times increase from June. This places Russia fifth among China's pork import source countries, as imports from France and Chile have decreased. The Netherlands and the United States also reported a decrease in imports. Besides Brazil, Spain, Denmark, and the Netherlands, China's top pork importers now include Russia. Since lifting import restrictions in September 2023, China has imported $12.5 million of pork from Russia. Russian companies have already supplied 4,260 tons of pork to China, with expectations to increase to at least 15,000 tons by the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics, in July 2024, Russia's pork exports to China reached 4.3 times that of June, to $9.6 million. Russia ranks fifth among China's pork import source countries. At the same time, China reduced imports from France and Chile, both of which were in the top five in June. Imports from France fell by 12% to $8 million, and imports from Chile fell by 10% to $7.9 million. China's imports from the Netherlands (down 7% to $10.5 million) and the United States (down 3% to $6 million) also fell. In addition to Russia, China's top five pork importers in July were Brazil, with imports of $48.5 million (28.1% share), Spain $48 million (27.8%), Denmark $11.6 million (6.7%), and the Netherlands (6.1%). In the first seven months of 2024, China's total pork imports amounted to $1.14 billion ($3.48 billion for the whole of 2023). Since the beginning of this year, China has imported $12.5 million of pork from Russia. In September 2023, China lifted import restrictions on Russia ...
Source: Foodmate

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