Russia's Agricultural Exports to China Surge by 48% in May 2026
Russia’s agricultural exports to China up by 48% yoy in May 2026 to over 900,000 tons
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In May 2026, Russia's agricultural exports to China reached over 900,000 tons, marking a 48% increase year-on-year in volume and a 23% rise in value, totaling nearly $715 million. Key products included soybeans, peas, and rapeseed oil.
- 01The total volume of agricultural exports from Russia to China in May 2026 was over 900,000 tons.
- 02The value of these exports was approximately $715 million.
- 03Soybean shipments saw a significant increase, rising 6.9-fold in volume compared to the previous year.
- 04New products shipped to China in May included barley (over 54,000 tons) and wheat (over 8,000 tons).
- 05A Russian business mission with over 100 exporting companies will take place in Guangzhou from June 24 to 26.
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In May 2026, Russia's agricultural exports to China experienced a substantial year-on-year growth, with volumes increasing by 48% to over 900,000 tons, valued at nearly $715 million. According to Ilya Ilyushin, head of the federal center Agroexport, this growth was largely driven by soybeans, which saw a remarkable 6.9-fold increase in shipments. Other significant exports included dried peas, rapeseed oil, flaxseed, and corn. New products such as barley and wheat were also introduced to the market during this period. The ongoing St. Petersburg International Economic Forum (SPIEF) highlights the importance of China as a strategic trading partner for Russia. Additionally, a large-scale business mission for Russian agricultural exporters is scheduled in Guangzhou from June 24 to 26, featuring participation from over 100 Russian companies and around 120 Chinese representatives. This mission aims to strengthen trade relations and explore new opportunities in the agricultural sector.
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The increase in agricultural exports is likely to boost Russia's economy and strengthen trade ties with China.
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