Argentina may start exporting wheat to China

Published Jan 29, 2024

Tridge summary

Argentina is gearing up to export wheat to China, with the General Administration of Customs of the People's Republic of China (GACC) including authorized Argentine companies in its online quarantine registration system. China is a major global importer of wheat, primarily sourcing from Australia and Canada. Argentina's Ministry of Agriculture, Livestock and Fisheries anticipates a 20% increase in wheat harvest for the 2023/2024 season, reaching 15.0 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Argentina's Ministry of Agriculture, Livestock and Fisheries announced that the country has taken the first steps to create conditions for future wheat exports to China. “In an important step for Argentine exports, the General Administration of Customs of the People's Republic of China (GACC) has included Argentine companies authorized to export wheat into the online quarantine registration system for enterprises authorized to supply agricultural products to China,” the ministry said in a press release. China is one of the world's largest importers of wheat. In the 2022/2023 season, he imported, according to the US Department of Agriculture, 13.2 million tons of this crop. This season, imports may decrease to 12.5 million tons. Currently, the main suppliers of wheat to the Chinese market are Australia and Canada, of which 5.7 million tons and 1.8 million tons are imported, respectively. According to USDA forecasts, Argentina can harvest 15.0 million tons of wheat in ...
Source: Zol

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