Agriculture & Food

Russia, September 6th, Artem Belov, general manager of the Russian National Dairy Producers Union, said during the recess of the Eastern Economic Forum that Russia has greatly expanded the opportunity to export dairy products to China, which is good for international dairy products trading companies.

"We will be very competitive in the Chinese market, and other competing countries in this market are likely to reduce or at least not expand production scale in the next few years, and the international trade export capacity will not increase accordingly," Belov said. , which is another positive factor.”

"We have to seize this opportunity," Belov said.

Belov emphasized that China has become the world's largest import market for international trade in recent years, and the demand for dairy products has increased by about 6-7% every year, and a quarter of the total demand must be purchased from the external market, which means that The supply of Russian products "will also have very good potential", which is positive for international dairy trading companies.

Belov reminded: "China opened the dairy market to Russian suppliers in late 2018, but then the epidemic occurred in 2020, so sales did not increase significantly." At the same time, Russia can provide almost all types of dairy products to China, from the most traditional milk, yogurt to whey and other commodities, which is favorable for international dairy products trading companies.