Russian Agricultural Products Export Development Center: China purchases more than 1 million tons of Russian oats, buckwheat and barley

Published Nov 22, 2024

Tridge summary

China's agricultural purchases from Russia have doubled compared to the same period last year, with the purchase of 681,000 tons of barley, 203,000 tons of buckwheat, and 18.8 tons of oats. Russia is the only supplier of buckwheat to China and is the second largest exporter of oats to China. The bilateral trade volume of agricultural products, raw materials, and food between Russia and China is projected to increase by 33.9% to US$11.1 billion in 2023.

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

Original content

According to the news, this year's purchase volume is more than twice that of the same period last year. Data show that from January to October this year, #China# purchased 681,000 tons of barley (an increase of 1.1 times), 203,000 tons of buckwheat (an increase of 1.2 times), and 18.8 tons of oats (an increase of nearly 1 times). Russia is still the only supplier of buckwheat to China, and ranks second among the major exporters of oats to China, second only to #Australia#. On June 24, the Russian Agricultural Products Export Development Center told Sputnik that in 2023, the bilateral trade volume of agricultural products, raw materials and food between Russia and China increased by 33.9% to US$11.1 ...

Source: Foodmate