Russian Agricultural Products Export Center: Russia will supply more than 32,000 tons of beer to China in 2023

Published Jul 31, 2024

Tridge summary

China is emerging as the most promising market for Russian beer in the Asia-Pacific region, thanks to its large market capacity and low tariff burden. The Russian Agricultural Products Export Center forecasts that Russia's share of China's beer imports will increase from 2.7% in 2023 to 5.2% by 2026. Key Russian regions with export potential include Primorsky Krai and Khabarovsk Krai. Other potential markets for Russian beer exports are Malaysia, Serbia, and the UAE. In 2023, the trade volume of agricultural products between Russia and China surged by 36.1% to $10.087 billion, with Russia's exports to China growing by 53.2%.

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Original content

According to the news agency, China is the most promising market for Russian beer in the Asia-Pacific region. In addition, in terms of market capacity and tariff burden, China is the best destination for Russian beer exporters. According to estimates by the Russian Agricultural Products Export Center, Russia's share of China's beer imports will increase from 2.7% in 2023 to 5.2% in 2026. The Russian Agricultural Products Export Center pointed out that 29 regions in Russia are considered to have the most potential to export beer to China, including the Primorsky Krai and Khabarovsk Krai in Siberia and the Far East, Irkutsk Oblast, the Republic of Khakassia, Tomsk Oblast, Altai Krai, Novosibirsk Oblast and Omsk Oblast. In addition to China, the most promising export destinations for Russian beer include Malaysia, Serbia, the United Arab Emirates, Azerbaijan, Georgia, Belarus, Kazakhstan, Kyrgyzstan and Mongolia. Compared with 2022, the trade volume of agricultural products between ...

Source: Foodmate