China buys wheat from Kazakhstan, and flour from Russia

Published 2020년 11월 19일

Tridge summary

In the 2019/20 marketing year, Kazakhstan's wheat exports to China saw a 37% decrease, contributing only 6% to China's total imports, with the volume dropping to 320 thousand tons from 506 thousand tons the previous year. Russian wheat exports to China also declined by 34%, delivering around 50 thousand tons. Conversely, Russian wheat flour exports to China surged by 43% to 141 thousand tons, while Kazakhstan's flour exports experienced a 47% drop to 19 thousand tons, resulting in China's imports of wheat flour reaching approximately 230 thousand tons, with 60% being Russian, 19% Ukrainian, and 9% Kazakh.

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

Original content

According to estimates of APK-Inform IA, at the end of 2019/20 MY, Kazakhstan provided about 6% of wheat imports to China, supplying more than 320 thousand tons of grain to this market. This indicator turned out to be 37% less than the volume of supplies in 2018/19 MY (506 thousand tons). The supplies of Russian wheat to China are not significant so far and also tend to decline. So, at the end of 2019/20 MY, a little less than 50 thousand tons of grain were exported from Russia to China, which is 34% less than the volume of exports in the previous season (76 thousand tons). With regard to China's imports of wheat flour, despite the fact that Kazakhstan ranks second among the world's flour exporters, Russian products dominate the Chinese market. So, at the end of 2019/20 MY, the volume of flour exports from Russia to China is estimated at 141 thousand tons, which turned out to be 43% more than was exported in 2018/19 MY (99 thousand tons). The volume of supplies of Kazakhstani ...

Source: Apk-inform