Russian Agricultural Products Export Development Center: Russia's cod supply to China increased by nearly 20%

Published 2024년 12월 26일

Tridge summary

In the eleventh month of 2024, China's import of frozen cod reached approximately 90,000 tons, valued at over $368 million, with Russia emerging as the primary supplier. The trade volume of agricultural products, raw materials, and food between China and Russia experienced a significant increase of 33.9%, reaching $11.1 billion in 2023. Meanwhile, China's exports to Russia saw a growth of 5.8%, amounting to $2.3 billion. Overall, Russia's exports to China have seen a steady rise, increasing 1.7 times over the past six years.

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

Original content

In the first 11 months of 2024, China imported about 90,000 tons of frozen cod from Russia, worth more than $368 million. Russia has become the main importer of frozen cod in China, with the United States ranking second with 23,000 tons and Norway ranking third with 12,500 tons. Cod is one of the most important commercial fish, and its popularity includes its liver, which is a source of fish oil and a raw material for the production of popular canned foods. On June 24, the Russian Center for the Development of Agricultural Products Export told the Russian Satellite News Agency that in 2023, the bilateral trade volume of agricultural products, raw materials and food between Russia and China increased by 33.9% to ...

Source: Foodmate