Russia almost tripled exports of grain and flour to China

Published 2024년 6월 26일

Tridge summary

In May, Russia saw a significant increase in grain and flour exports to China, with volumes rising by 2.9 times year-on-year to over 141 thousand tons, valued at $33 million. Barley exports to China experienced the most substantial increase, rising 3.5 times to nearly 80 thousand tons (worth $19 million). Additionally, wheat and meslin exports totaled 28 thousand tons, and flour exports amounted to 10,500 tons. Over the first five months of the year, Russia's grain exports to China surged by 4.6 times to 653 thousand tons, valued at $159 million, compared to the same period last year. Despite this, imports of Russian corn, wheat, soybeans, and rapeseed have experienced a decrease in the first four months of this year.

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

Original content

Russia increased supplies of grain and various types of flour to the Chinese market in May of this year by 2.9 times from the same month last year to more than 141 thousand tons. RIA Novosti reports this with reference to data from Chinese customs. In monetary terms, this amounted to $33 million. The most noticeable increase in barley exports to China was 3.5 times year-on-year to almost 80 thousand tons (in monetary terms – $19 million). 28 thousand tons of wheat and meslin (its mixture with rye) were shipped in physical terms, in monetary terms - $7 million. In total, 10,500 tons of flour were supplied, or $3.4 million, cereals and wholemeal flour - 1.9 thousand tons for 511 thousand dollars. In general, over the five months of this year, Russian grain was exported to China 4.6 times more - 653 thousand tons for a total amount of $159 million. At the same time, for the entire last year the figure was 901,000 tons and $234 million. Thus, this year Russian exporters can ...

Source: Rosng