Russia s supply of poultry meat to China exceeded 500 million

Mondo International Updated on 2024-01-19

Recently, Sergei Rakhyukhov, General Director of the Russian National Poultry Breeders' Union, revealed at the conference "Export Guide 2023: New Markets, New Opportunities" that in 2022, Russia's poultry meat to China has exceeded 500 million US dollars, reaching 5$2.3 billion, up 20% from the same period in 2021. This indicates that the agricultural products of the two countries continue to deepen, and the relationship between poultry and meat continues to warm.

In the past five years, the amount has more than tripled.

Looking at historical data, it is not difficult to find that in recent years, Russia's exports of meat products have shown a rapid growth trend, and poultry meat is the main type. Statistics show that over the past five years, the total volume of Russian meat exports has increased from 4$100 million, an increase of 14$3.8 billion, an increase of 250%. Of the $1.4 billion exports, poultry meat exports amounted to $800 million, accounting for 57%.The export value of beef was 2$300 million, or 16 per cent;The export value of lamb was 19 million US dollars, accounting for only 1%.

If converted into physical volumes, Russia's export of poultry and other meat at the end of 2022 amounted to 5570,000 tons, while in 2018 the figure was only 2920,000 tons, exports have almost doubled in five years. In terms of the proportion of species, poultry meat accounted for 45% of meat production in the Russian Federation in 2022, beef 14% and lamb 2%. It can be seen that poultry meat is the most important product of Russian meat to the outside world.

In terms of the export market for poultry meat, Rakhtyukhov made it clear that China is the main importer of poultry meat from Russia. In 2022, Russia's poultry meat exports to China reached 5$2.3 billion, surpassing the second largest export market, Belarus (2.).$6.4 billion). This shows that in Russia's foreign landscape, China, as a strong oriental giant, is increasingly becoming its priority direction.

* Business is ready to go.

In recent years, China's huge demand for Russian poultry meat has also prompted Russian businessmen to prepare for development. Rakhtyukhov said that 31 Russian companies have been qualified to export to China, and more businesses hope to join this export army in the future. Industry insiders**, under the situation of strengthening cooperation in agricultural products between China and Russia, Russia's poultry meat to China is expected to break through the $1 billion mark in 2023.

We have reason to be confident in this. After all, according to the Russian Ministry of Agriculture, in the first 10 months of this year alone, Russian poultry exports to China amounted to 1740,000 tons, the export value has exceeded 4$100 million. This means that the full-year export figure is highly likely to exceed an all-time high of $500 million. In the context of strengthening economic and trade cooperation between China and Russia, this data will continue to be refreshed.

It is worth noting that after 28 years, the market has been reopened to China**, as well as Russian beef products. A few days ago, China and Russia signed a formal agreement on the relevant quarantine and inspection standards for beef. This indicates that Russian high-quality beef will soon enter the Chinese market, enriching the taste of China and constantly setting off a new gastronomic boom.

The 1 billion mark is in sight.

In fact, while poultry meat is blazing a trail, Russia has also been actively fighting for more market access for its meat products from China. The beef "finishing" is the result of the joint efforts of both sides. It is believed that with the continuous improvement of the agricultural product mechanism of the two countries, pork exports are also just around the corner. Once Russia's three main meats - poultry, beef, and pork - are all allowed to enter the Chinese market, the total amount of meat products to China will reach a higher level, and the historical benchmark of 1 billion US dollars will not be too far away.

Of course, the taste in this is not only limited to the multiple tastes on the material level. In today's environment of intensifying differences and confrontation in the world, the normal exchanges between the two countries based on actual needs have also demonstrated the human value of pragmatic cooperation and made the people of the world deeply feel the fragrance of friendship. It is believed that under the correct guidance of the leaders of the two countries, the China-Russia comprehensive strategic partnership of coordination will surely open up a better common destiny.

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