The EU has significantly increased its exports of grain and oil products to China

Published 2024년 3월 24일

Tridge summary

In 2023, European Union member states significantly increased their grain exports to China, more than doubling the amount to 5.34 million tons, the highest in the last 9 years excluding 2021. The majority of these exports were barley, accounting for 72% of the total, but corn and wheat also saw substantial growth. Additionally, EU exports of oilseed crops and products to China rose by 35% to 800,000 tons, with sunflower meal being the primary product.

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Original content

In 2023, European Union member states have more than doubled their grain exports to China to 5.34 million tons, according to data from the European Commission. This is also the strongest result for the last 9 years, except for the record year 2021, when grain exports to China reached 5.63 million tons. Barley took the largest share in the structure of grain exports from the EU to China last year with 72% of the total amount, with the growth compared to 2022 being 4.5 times to 3.82 million tons. In the case of corn, the increase is even greater – 4.7 times, but only up to 692 thousand tons. Wheat supplies from the EU to China, however, have shrunk by 47% to 824,000 tons. EU exports of oilseed crops and products from their processing to China last year grew by 35% to 800,000 tons, according to EC data. The main share in the supply structure is for sunflower meal - 67%, and its export increased by 6% to ...

Source: Sinor