Pork exports from Russia to China

Published 2022년 12월 21일

Tridge summary

Russian pork exports are expected to increase by 0.5 million tons per year if China opens its market, potentially generating up to US$1 billion in additional revenue for the Russian pork industry, according to Sergey Novikov, General Director of Agropromcomplektatsya. However, China's slow response may be due to concerns over African swine fever epidemic in Russia. President Putin has committed to discussing the issue with China and expects a positive outcome, given China's previous recognition of France's regionalization system and its openness to Russian poultry and beef exports. In 2021, China was Russia's largest poultry importer, purchasing nearly 50% of Russian broiler meat sales. Overall, Russian meat exports are projected to reach 550,000 tonnes this year, valued at US$1.5 billion.

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

Original content

Jakarta, CNBC Indonesia - The affairs of President Vladimir Putin actually are not only the war between Russia and Ukraine. At least this is seen from the government meeting last week. Not opening the door for pork exports from Russia to China made this industry scream in Moscow. They urged the government to contact Beijing to immediately open the import faucet. "Russia's pork exports will increase by 0.5 million tons per year if the Chinese market is opened," General Director of the Russian group Agropromcomplektatsya, Sergey Novikov, told Putin, Wednesday (21/12/2022). "The deal will secure up to US$1 billion in additional revenue for the Russian pork industry," he added. According to Novikov, the two countries have indeed conducted extensive negotiations. But till now there is no visible progress in this matter. "We are aware that the government, the Russian Ministry of Agriculture and Rosselhoznadzor are working on this issue, but to date, we have failed to move forward on ...

Source: Cnbcindonesia