China became the largest buyer of meat from Russia

Published 2020년 7월 28일

Tridge summary

In the first half of 2020, China has emerged as a dominant market for Russian meat exports, accounting for approximately 45% of total exports and 54% when Hong Kong is included. This shift is marked by a significant increase in exports to China, from 7,000 tons in 2019 to 79,900 tons in H1 2020, while Ukraine's share of Russian meat imports has decreased from 28% to 16%. Overall, Russia's meat and meat product exports experienced a fivefold increase in value compared to the same period last year, reaching $ 336 million. The surge in exports to China is facilitated by agreements on veterinary and sanitary requirements for poultry meat and dairy products, with the first Russian poultry products sent to China in March 2019. The number of Russian enterprises allowed to export poultry meat to China has been expanded, and the process has been extended to beef producers, with Miratorg being the first to start exports in April 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During this period, mainland China accounted for about 45% of meat exported from Russia, and taking into account Hong Kong, the share of supplies was 54%. Earlier, Ukraine was the leader in purchases of Russian meat, but in the first half of 2020 its share decreased from 28% to 16%, while at the same time it increased in monetary terms from $ 42 million to $ 53 million. As the newspaper writes with reference to the federal center Agroexport ", from January to June 2020, Ukraine imported 40.9 thousand tons of meat from Russia, while supplies to China amounted to 79.9 thousand tons, which is 11 times more than the PRC purchases last year (7 thousand tons). tons). In total, in the first six months of 2020, Russian enterprises exported meat and meat by-products worth $ 336 million, for the same period last year, supplies amounted to $ 149 million. 5 times, up to $ 193 million, pork - four times, up to $ 85 million, and beef - three times, up to $ 16 million. On November 7, 2018, ...
Source: Dairy

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