Russian Far East Grain & Soya Exports To China Up 210% YoY In January 2023
Exports of grain and its products to Asian countries from Russia’s Primorye Krai totaled 80,729 tonnes in January 2023, a surge of 46% year-on-year, according to the Primorye interregional department of the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor).
This included Primorye exporting 66,825 tonnes of grain and soybeans to China through coastal phytosanitary posts, which was a 210% year-on-year increase against January 2022, and was 83% of total export supplies. Supplies of corn surged 500% year-on-year to 35,797 tonnes.
Japan received 8,900 tonnes of corn. South Korea received over 5,000 tonnes of wheat and corn, a small consignment of soybeans, as well as 50 tonnes of soybean cake.
The Rosselkhoznadzor department issued 586 phytosanitary certificates for export consignments in January as Russian grain exports continue their penetration into Far Eastern Asian markets.
During these uncertain times and with sanctions in place, our firm helps Russian companies relocate to Asia. We also provide financial and sanctions compliance services to foreign companies operating in Russia. Additionally, we offer market research and advisory services to foreign exporters interested in doing business in Russia as the economy looks to replace Western-sourced products. For assistance please email firstname.lastname@example.org or visit www.dezshira.com