China triples imports of Russian wheat

Published 2024년 12월 30일

Tridge summary

In 2024, China's import of Russian wheat surged 2.9 times to $86.5 million, compared to the same period in the previous year, making Russia the third largest wheat supplier to China behind Kazakhstan and Canada. On the other hand, Russian corn exports to China saw a 2.9 times decrease to $28.8 million. Despite this, supplies increased in November. Brazil was the largest supplier of corn to China in the same month.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 11 months of 2024, China imported $86.5 million worth of Russian wheat. This is 2.9 times more than in the same period last year ($29.9 million). This is reported in the materials of the State Customs Administration (STU) of the PRC, writes the Russian "Interfax". In November, Russian wheat supplies fell more than twice in annual terms to $2.3 million from $5.1 million. "However, the Russian Federation managed to maintain its third position among the largest suppliers of wheat to the Chinese market after Kazakhstan ($5.8 million) and Canada ($3.2 million). In total, China purchased wheat from five countries in November," the report says. Corn exports from Russia to China in 11 months fell 2.9 times to $28.8 ...
Source: Elevatorist

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