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Russia may export at least 1 million tons of grain to China next season

Updated Feb 9, 2022
In the 2022/23 season, Russia may start large-scale grain supplies to China from the Azov-Black Sea basin. This was announced by the Agroexport center subordinate to the Ministry of Agriculture with reference to the chairman of the board of the Union of Grain Exporters Eduard Zernin. According to him, further grain deliveries to China will increase as trade relations develop. This season, test deliveries of one or two shiploads of grain to China will begin. The protocols allowing the supply of wheat and barley to China from all over Russia and allowing the export of alfalfa to China were adopted on February 4 during President Vladimir Putin's visit to China. Zernin recalled that in recent years, China has been actively buying grain on the world market, having accumulated almost half of its world reserves. So, according to ITC Trade Map, in 2020 China imported 8.2 million tons of wheat for $2.3 billion, barley - 8.1 million tons for $1.9 billion. Canada, France and the USA were the ...
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