Russia significantly increased its supplies of pig products to China in August

Published Sep 20, 2024

Tridge summary

In August, Russia exported pork products to China worth $11.3 million, which is nearly half of the total supplies for the year. The country ranked 6th among 17 pork suppliers to the Chinese market, with the largest volumes received by Spain, Brazil, Denmark, the Netherlands, and France. Three Russian companies are currently authorized to export pork to China, with exports reaching 27 thousand tons by September 12, and expectations of supplies to double by year-end. The National Union of Pig Breeders predicts that Russian pork could make up to 10% of China's imports in the future. Meanwhile, Russian agricultural organizations have seen a slight increase in pig production in August compared to the previous year.

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

Original content

Moscow. September 20. INTERFAX.RU - In August, the Russian Federation supplied China with pork products worth $11.3 million. This was reported in the materials of the State Customs Administration (SCA) of the People's Republic of China. This figure is almost half of the total supplies this year ($23.8 million) and almost 18% more than in July ($9.6 million). The Russian Federation began exporting pork products in March, and the first batches reached the Chinese market in April. In August, the Russian Federation took 6th place among 17 pork suppliers to the Chinese market, ahead of the United States and Canada. The largest volumes were received by Spain ($48.9 million), Brazil ($37.8 million), Denmark ($16.7 million), the Netherlands ($15.2 million), and France ($11.7 million). Supplies from Canada amounted to $8.8 million, from the USA - $8.2 million. As reported, three companies currently have the right to supply pork from the Russian Federation to China: Miratorg, Tambovsky ...

Source: Interfax