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In the first quarter of 2024, Russia doubled milk supplies to China

Published May 21, 2024

Tridge summary

In the first quarter of the year, Russia saw a significant increase in dairy exports to China, doubling to $2.7 million compared to the previous year. The majority of these exports, 40%, were ice cream, with milk powder making up 20%, cottage cheese and various cheeses contributing 18%, and whey 14%. The remaining 8% is unspecified. There has also been a substantial increase in the physical export of these dairy products. This surge in exports could be attributed to Russia's history of sharing ice cream with China, including an instance where Russian President Vladimir Putin shared ice cream with Chinese President Xi Jinping in 2016, and the ancient Chinese practice of consuming snow and ice with fruits, which is similar to modern ice cream.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the first quarter (January-March) of this year, Russia doubled the export of dairy products to China in monetary terms from last year’s level or to $2.7 million. This was reported by Milknews with reference to data from the Federal Center for the Development of Exports of Agricultural Products (Agroexport, owned by the Ministry of Agriculture) and the State Customs Service (SCU) of the PRC itself. The majority of this volume, 40 percent, was ice cream. Another 20 percent came from milk powder, 18 from cottage cheese and various types of cheeses, and 14 from whey. What accounts for the remaining eight percent is not specified. In physical terms, our country exported 276, 111, 110 and 727 tons of these goods. This is, respectively, six, 5.7 and 10 times, and also 2.8 percent more. Beijing's high interest in the first of the goods can be explained by two long-standing successful acquaintances of Beijing with it. In particular, as RIA Novosti previously wrote, back in 2016, ...
Source: Rosng
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