News

Russia has increased grain exports to China 27 times over 10 years

Grains, Cereal & Legumes
Russia
Market & Price Trends
Published Oct 5, 2023

Tridge summary

Russia has seen a significant increase in grain exports to China, growing 27 times since 2014, reaching 3.522 million tons by September 2023. The country plans to further expand its exports to China by lifting restrictions on various products such as rapeseed, winter wheat, and barley. However, Russia has also received several notes from foreign countries regarding non-compliance of its grain with phytosanitary requirements, emphasizing the importance of strict quality control.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to the presentation, the Russian Federation increased grain exports to China from 131 thousand tons in 2014 to 3.522 million tons by September 24, 2023. Over the entire last year, 2.206 million tons of grain were sent to China from Russia. “This is a great achievement,” Zakharova noted and recalled that in 2022, supplies of spring wheat and barley from the Russian Federation to China were allowed, and this year peas and millet were allowed on the Chinese market. According to her, there are also plans to lift restrictions on rapeseed for all regions of Russia, which could happen at the end of 2023 or beginning of 2024. Russia will continue to work on admitting winter wheat and barley to the Chinese market, and is also discussing potential supplies of edible soybean meal, mung beans, beans, and beet pulp with molasses. According to Rosselkhoznadzor, since the beginning of 2023, the Russian Federation has supplied 51.7 million tons of grain to world markets by August 24. ...
Source: Zol
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