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China becomes the second largest consumer of Russian wine

 Last Update: 2021-12-02
 Source: Internet
 Author: User

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Russian Satellite News Agency, Moscow, November 29.
The Agricultural Bank of Russia announced that China has become the second largest country in the consumption of Russian wine , accounting for 11% of total Russian wine exports
.

According to the forecast of the Russian Agricultural Bank, the total volume of Russian wine exports in 2021 has risen by at least 30% to reach 13 million U.
S.
dollars
.

It is reported that from 2016 to 2020, the total export volume of Russian wine has grown at an average annual rate of 1%, reaching 10 million U.
S.
dollars
.

The main importer of Russian wine is Ukraine, but in the first eight months of 2021, compared with the same period last year, the proportion of Ukraine has shrunk from 51% to 42%
.

Ranked second is China, accounting for 11%
.

Analysts at the Agricultural Bank of Russia believe that China is the most powerful market and one of the most promising markets for Russian wine producers
.

　　They believe that the overall good reputation of Russian products in China will help Russian wines enter the Chinese market
.

Wine export

　　According to the forecast of the Russian Agricultural Bank, the total volume of Russian wine exports in 2021 has risen by at least 30% to reach 13 million U.
S.
dollars
.

　　It is reported that from 2016 to 2020, the total export volume of Russian wine has grown at an average annual rate of 1%, reaching 10 million U.
S.
dollars
.

　　The main importer of Russian wine is Ukraine, but in the first eight months of 2021, compared with the same period last year, the proportion of Ukraine has shrunk from 51% to 42%
.

　　Ranked second is China, accounting for 11%
.

　　Analysts at the Agricultural Bank of Russia believe that China is the most powerful market and one of the most promising markets for Russian wine producers
.

　　They believe that the overall good reputation of Russian products in China will help Russian wines enter the Chinese market
.

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