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    Home > Food News > Food Articles > Russian Agricultural Export Development Center: Russia will be able to export agricultural products worth 6 billion to 10 billion US dollars to China in the future

    Russian Agricultural Export Development Center: Russia will be able to export agricultural products worth 6 billion to 10 billion US dollars to China in the future

    • Last Update: 2022-09-14
    • Source: Internet
    • Author: User
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    Agricultural products are exported to China
     
    "The export potential of Russian agricultural products to China is estimated at $6 billion to $
    10 billion," she said.
     
    Russia's agricultural exports to China in 2021 fell 13% year-on-year to $
    3.
    5 billion.
    China's share of Russian agricultural exports fell from 13.
    3 percent in 2020 to 9.
    6 percent
    in 2021.
     
    Sipaghar pointed out that the main reason for the decline in exports in 2021 is china's strengthening of anti-epidemic measures to limit the supply
    of fish products.
    China's total imports of fish and seafood from Russia fell to $1.
    1 billion from $1.
    6 billion last year
    .
     
    "This year, a number of restrictions have been lifted, which has had a positive impact on
    the growth of fish and seafood exports," she said.
    In the first seven months of 2022, our export volume has exceeded the same period in 2021, but there is still potential
    for further growth.
     
    The Russian Federal Agency for Veterinary and Phytosanitary Supervision announced on August 12 that Russia and China have developed further action plans to expand Trade
    between Russia and China in meat and fish products, animal feed, food crops and their products, and other types of agricultural products.
     
    According to Sipagal, exports of meat, fish and seafood, grains, vegetable oils and other products to China are the most likely to grow
    .
     
    According to the data of the Russian Agricultural Export Development Center, according to the results of 2021, Russia ranks 12th in the list of countries that supply agricultural products to China
    .
    At the same time, Russian exports to China have doubled
    in five years.
     
    On September 1, Wang Kai, director of the Department of Eurasia of the Ministry of Commerce of China, said at the China-Russia food and agricultural products online matchmaking meeting that the trade volume of Sino-Russian agricultural products in 2021 was 5.
    99 billion US dollars, an increase of 7.
    7% year-on-year, a record high
    .
    In the first half of this year, the trade volume of agricultural products between China and Russia was 3.
    57 billion US dollars, which continued to maintain the growth momentum
    .
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