Russia increased wheat exports to China more than fivefold in July; barley, oats, and buckwheat supplies also increased

In July 2024, Russia exported 35.9 thousand tons of wheat and meslin to China, which is 5.5 times higher than in July last year, RIA Novosti reports, citing Chinese statistics. It is noted that in monetary terms, year-on-year exports increased 5.4 times to $9.4 million. Compared to June 2024, the increase in supplies in physical terms was 44.7%, and in monetary terms - 46.9%. In total, in January-July of this year, China imported $48.2 million worth of Russian wheat (an increase of 7.6 times), while for the whole of 2023, this product was exported for $34.7 million. In addition, in July, China doubled its purchases of Russian barley compared to July 2023 - to 54.3 thousand tons worth $12.4 million. Oat imports in physical terms increased by more than a quarter - to 11.7 thousand tons, or by two-thirds in monetary terms - to $12.4 million. The amount of buckwheat supplied to China from the Russian Federation increased ...