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2 (Sputnik) -- Russian Ministry of Agriculture Federal Agro-Industrial Complex Products Export Development Center (AgroExport) told Sputnik that in the first 10 months of this year, Russian agricultural exports to China increased by 34%.
According to the news, China ranks second
among Russian agricultural importers.
In 2021, China ranked third
after the European Union and Turkey.
among Russian agricultural importers.
In 2021, China ranked third
after the European Union and Turkey.
The increase in agricultural exports to China stemmed from an increase in exports of rapeseed oil and frozen fish, which increased 1.
2 times and 81 percent
, respectively, the center said.
These two categories of commodities are the main agricultural products
exported by Russia to China.
2 times and 81 percent
, respectively, the center said.
These two categories of commodities are the main agricultural products
exported by Russia to China.
The news emphasized that the growth rate of agricultural exports to China is more than
twice that of countries exported to East Asia, Southeast Asia and South Asia.
In 2022, purchases of Russian agricultural products from these countries increased by 14%.
twice that of countries exported to East Asia, Southeast Asia and South Asia.
In 2022, purchases of Russian agricultural products from these countries increased by 14%.
According to research by PricewaterhouseCoopers, Rabobank and Singapore's Temasek Corporation, Asia's share of the global food market will reach 50% by 2025 and the market size may reach $8 trillion
by 2030.
by 2030.
On September 1, Wang Kai, director of the Eurasia Department of the Ministry of Commerce of China, said at the China-Russia Food and Agricultural Products Online Matchmaking Conference that the trade volume of agricultural products between Russia and China reached 5.
99 billion US dollars in 2021, a year-on-year increase of 7.
7%, a record high
.
In the first half of this year, the trade volume of agricultural products between Russia and China reached $3.
57 billion, continuing to maintain the momentum of growth
.
According to data from the Russian Center for the Development of Agricultural Exports, according to the results of 2021, Russia ranks 12th in the list of countries supplying agricultural products to China
.
At the same time, Russian exports to China have doubled
in 5 years.
99 billion US dollars in 2021, a year-on-year increase of 7.
7%, a record high
.
In the first half of this year, the trade volume of agricultural products between Russia and China reached $3.
57 billion, continuing to maintain the momentum of growth
.
According to data from the Russian Center for the Development of Agricultural Exports, according to the results of 2021, Russia ranks 12th in the list of countries supplying agricultural products to China
.
At the same time, Russian exports to China have doubled
in 5 years.
