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Exports of agricultural products from Russia to China increased by 9.5% in the first quarter of 2021 year

maxresdefault copy copy copyRussia exported $ 1 billion worth of agro-industrial goods to China in the first three months of 2021 alone, which is 9.5% higher than the same period last year.

According to the portal "Exporters of Russia", in the first quarter, the volume of goods amounted to 1.8 million tons – 57% higher than a year earlier. The total delivery price increased by 9.5% to $ 1.09 billion.

The most noticeable growth was recorded in the export of soybeans: their shipments increased by 4.4 times and amounted to more than 1 million tons, in monetary terms increased by 4.9 times to 357 million dollars.

Purchases of crustaceans also increased by 75%. Export revenue amounted to $ 97 million – 2.2 times more than in 2020.

According to experts, positive export trends will continue in the near future. The potential for the supply of agricultural products until 2030 is estimated at 7-7. 6 billion dollars. The most promising products are frozen fish, crustaceans, soybeans, sunflower oil, rapeseed and soybean oil, poultry meat, chocolate confectionery and dairy products.

Earlier «NIA-China» informed that chinese companies have invested more than $ 19 billion in electric vehicles.