Exports from Russia to China increased by a third in 2020

The largest Russian importer accounted for 13% of all agricultural exports.

Last year, the export of agricultural products and foodstuffs from Russia reached $ 30 billion, equal to the volume of imports.

Traditionally, China is one of the main importers of Russian products, and only the blocking of fish supplies by the Middle Kingdom during the coronavirus period prevented agricultural products from reaching second place in the volume of all exports from Russia to China.

In our country, China buys frozen fish and crab, vegetable oil, soybeans and rapeseed, as well as meat and chocolate.

For the third year now, China has been the main importer of Russian vegetable oil.

A 2.5-fold increase in supplies in 2020 ($ 1.08 billion) allows analysts to say that by 2024 our country can provide 50% of sunflower oil supplies to China.

The main shipments of sunflower oil to China in 2020 were carried out by two companies: EFKO and GK Rusagro.

Supplies of soybeans, rapeseed and oilseed flax doubled ($ 576.9 million). The same dynamics was shown by shipments of meat ($ 314 million).

Russian chicken turned out to be the cheapest in the world for the Chinese, and supplies increased 11 times.

The largest suppliers from Russia to China are Agrocomplex, Cherkizovo, Prioskolye and Belgrankorm.

Last year, China bought $ 124.5 million worth of dark chocolate in Russia — 11% of the Chinese market, and the United Confectioners holding became the largest exporter.

In terms of ice cream supplies, Russia entered the TOP-8 suppliers of China.

Supporting the export of food to China and accelerating its delivery, the Russian Export Center, together with RZD-Logistics, launched refrigerated Agroexpress trains from the European part of Russia to Chengdu and Chongqing.

The next step in the development of Russian-Chinese relations is the emergence of Chinese farms that will produce agricultural products in Russia.

This will allow Russian companies to enter the PRC market, which cannot be done without a Chinese partner.