Russia increased wheat exports to China by 2.9 times to $86.5 million in 11 months

Published 2024년 12월 25일

Tridge summary

In the first 11 months of the year, China imported $86.5 million worth of wheat from Russia, a 2.9-fold increase from the previous year. Despite a drop in November, Russia remained the third largest wheat supplier to China, following Kazakhstan and Canada. Russian barley supplies to China also increased by 1.9 times to $167.8 million during the same period. However, exports decreased in November. Corn exports from Russia to China saw a 2.9-fold decrease, but supplies increased in November. Brazil was the largest supplier of corn to China in the same month. Russia is currently only able to supply spring wheat and barley to China, but is seeking permission to supply winter wheat and barley as well.

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

Original content

Moscow. December 25. INTERFAX.RU - China imported $86.5 million worth of Russian wheat in the first 11 months of this year, which is 2.9 times more than in the same period last year ($29.9 million). This was reported in the materials of the State Customs Administration (SCA) of the PRC. However, in November, Russian wheat supplies fell more than twofold year-on-year to $2.3 million from $5.1 million. Nevertheless, the Russian Federation managed to maintain its third position among the largest wheat suppliers to the Chinese market after Kazakhstan ($5.8 million) and Canada ($3.2 million). In total, China purchased wheat from five countries in November. According to the SCA, Russian barley supplies increased 1.9 times to $167.8 million in the first 11 months from $89.9 million a year ago. At the same time, November exports decreased to $11.8 million from $14.3 million a year earlier. The leading suppliers of barley to China in November were, in particular, France ($60.4 million), ...

Source: Interfax