러시아 농업 및 식품 insights

The analytical center "SovEcon" has raised its forecast for wheat exports from Russia in the 2025/26 season from 43.3 million tons to 43.7 million tons. The new estimate reflects improved crop prospects: in August, analysts increased the forecast for the gross wheat harvest from 85.2 million tons to 85.4 million tons. However, they note that export activity was low in the early months of the season. Wheat shipments in July-August are estimated at 6.1 million tons, against 9.9 million tons last year and 8.1 million tons over the past five years. Shipments in September are also expected to be at a historically low level, according to SovEcon. The analytical center "RusAgroTrans" recently increased its estimate of wheat exports from Russia in August by 0.3 million tons, to 4 million tons, and in September they expect shipments to increase to 4.3-4.5 million tons. The Russian Grain Union estimates the volume of wheat exports in August at 4.8 million tons, according to "Interfax." ...

The Russian Federal Service for Veterinary and Phytosanitary Surveillance announced: "In 2024, Russia exported over 4.7 million tons of food products to China. From the beginning of 2025 to now, 2.9 million tons have been exported to China, surpassing the same period in 2024. Currently, China is among the top five importers of Russian food products. Exported products are concentrated in soybeans, rapeseed, flaxseed, and barley." The Russian Federal Service for Veterinary and Phytosanitary Surveillance pointed out that currently, 22 types of agricultural products are approved to enter the Chinese market. Both parties are currently cooperating on the entry of winter wheat, barley, rapeseed, as well as millet, sorghum, small lentils, chickpeas, edible bean meal, feed for commercial livestock, pork and poultry products, beef, and dairy products from all over Russia. The Russian Federal Service for Veterinary and Phytosanitary Surveillance stated that from the beginning of the year to now, Russia has cumulatively exported 879,000 tons of poultry meat and by-products, 24,900 tons of pork, 21,900 tons of pork by-products, 13,300 tons of beef, 3,100 tons of beef by-products, 4,900 tons of dairy products, 494,100 tons of fish products, and 596,400 tons of feed and feed additives to China. Russia imports approximately 633,000 tons of fruit and vegetable products from China each year. So far, the import volume of Chinese fruits and vegetables has increased by 46%, reaching 671,500 tons. The Russian Federal Service for Veterinary and Phytosanitary Surveillance pointed out that during the official visit of the Russian President to China, the Russian Federal Service for Veterinary and Phytosanitary Surveillance and the General Administration of Customs of China signed an agreement protocol to expand bilateral trade cooperation on September 2.

Reports indicate that Russia is the largest exporter of soybean oil to China in 2024. News shows that China imported a total of approximately 10.9 million tons of soybean oil in 2024, with a total value of nearly 7.3 billion U.S. dollars. On March 18, the Russian Agricultural Export Center informed the satellite news agency that according to preliminary statistics, in 2024, Russia exported over 8.3 million tons of agricultural products to China, with a total export value of approximately 7.4 billion U.S. dollars. Among the agricultural products exported from Russia to China, the largest export volume was rapeseed oil (13%), followed by barley (10%), and then sunflower oil and peas (each 8%), and soybeans (7%). China has become the main importer of Russian agricultural products in 2024, maintaining this position for two consecutive years.