Russia: Grain exports to China from Siberia increased by 87% in the agricultural year

Published 2024년 8월 8일

Tridge summary

The Siberian Federal District (SFD) of Russia has seen a significant increase in the export of grain products to China, with a 87% rise to 1.75 million tons in the agricultural year ending June 30. This increase is reflected in the growing number of exporting companies, which has risen from 173 to 236. The main exports include barley, rapeseed, peas, wheat, and buckwheat, with the exception of flaxseed which saw a decrease of 69%. Demand for wheat flour also increased fourfold. However, the total grain harvest in the Siberian regions for 2023 was nearly 4 million tons less than in 2022.

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Original content

The number of exporting companies increased from 173 to 236. The regions of the Siberian Federal District (SFD) exported 1.75 million tons of grain products to China in the agricultural year that ended on June 30, Maria Shostak, deputy director of the Federal State Budgetary Institution "Grain Quality Assessment Center" and director of the Altai branch of the center, told TASS. This is 87% more than the previous period. "The export of grain products to China from the SFD amounted to 1,752 thousand tons (+87% compared to the previous period). The growth is observed in all subjects of the district and is accompanied by an increase in the number of exporting companies from 173 to 236. Most regions, with the exception of the leading Altai, have expanded their range," Shostak said. Barley exports totaled 419 thousand tons (+352%), rapeseed - 326 thousand tons (+37%), peas - 321 thousand tons (+305%), wheat - 147 thousand tons (23-fold increase), buckwheat - 115 thousand tons (+161%). ...

Source: Zol