World meat industry news

Russian farmers are ready to increase their exports to China and call for easier mutual access to the markets of the two countries, Prime Minister Mikhail Mishustin said at a Russian-Chinese business forum in Shanghai.

According to him, in 2022, bilateral trade in agricultural products increased by 42%, exceeding $7 billion, and by the end of the first quarter of 2023, it had already reached almost $2.5 billion.

"Russian farmers are ready to significantly increase their exports to the Chinese market and expand the range of supplied products of plant and animal origin. It is necessary to work more actively to facilitate mutual access to agricultural markets and jointly strengthen food security," he said.

According to the Agroexport center under the Ministry of Agriculture, in 2022 China became the leader in the purchase of Russian agricultural products, increasing this figure by 44% in value and by 36% in physical terms. Most of all, China imports rapeseed oil, poultry meat, beef, soybeans, oats, flax seeds, honey and linseed oil. In 2022, shipments of fish and seafood from Russia to China increased significantly, the total volume of which exceeded 500,000. tons. Soybean shipments remained at 2021 levels, with export revenue up 55%. Sales of vegetable meal and cake in 2022 increased by 16 times in physical terms and by 7.7 times in value terms.

139,000 tons of poultry meat were delivered to China last year, which is 11% more than in 2021. In value terms, the growth was 53%. About 40% of the total physical volume of Russian poultry meat exports last year accounted for this country (in 2021 - 42%).

According to Agroexport, Russia has the potential to further expand food supplies to China. Among the most promising categories are fish and seafood, cereals, meat products and vegetable oils.