Russia has almost doubled milk exports to China in 7 months

Published Aug 5, 2024

Tridge summary

Russian dairy exports to China have seen a significant increase of 1.8 times, amounting to $8 million over the past seven months, according to the Agroexport report. The exports are predominantly dry products like whey and whole milk powder, with ice cream making up a third of the cost. Cheese exports are still negligible. Despite challenges from competitors like Australia, New Zealand, and South American countries, Russia is expanding its dairy exports to non-CIS markets, including Algeria, Georgia, and other countries. EkoNiva is leading the charge, planning to increase exports to 150 tons per month to Georgia.

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

Original content

Exports of Russian dairy products to China over the seven months of this year in monetary terms increased 1.8 times from the same period last year - up to $8 million. This data was provided in the Agroexport report by Maria Zhebit, Deputy General Director of the National Union of Milk Producers (Soyuzmoloko). She also spoke about the structure of supplies for specific types of goods. More than 40 percent of the total amount was made up of dry products such as whey and whole milk powder (WMP). Ice cream accounted for about a third of the cost. Also, some companies have begun supplying cheeses. Basically, these are still smelted, and the total volume of their exports is insignificant - around 150 tons. Zhebit named examples of specific companies such as Komos Group and EkoNiva included in the list of leaders in the Russian dairy industry. According to her, they are already opening their branches in China to increase supplies and promote their brands, including in the b2b segment. ...

Source: Rosng