Russian-Chinese pork: new suppliers at the start

Key events:

  • First export: Russian pork gained access to the Chinese market at the end of 2023.

  • ? First shipment: Shipped in March 2024  (reached CHINA in April).

  • ? Current exporters:

    • Miratorg (pioneer of supplies)

    • Tambovsky Bacon (part of Rusagro)

    • Velikoluksky Meat-Processing Plant

Expansion plans:

  • Constructive negotiations:  The Russian Ministry of Agriculture and the General Administration of Customs of China are discussing the admission of new enterprises.

  • ? A queue of 6 companies: The National Union of Pig Breeders predicts that 5-6 producers will receive permission by the end of 2024.

  • Oksana Lut's statement: "The Chinese side is taking a constructive position. We are counting on expanding the list of suppliers."

Why is this important?

  • The opening of the Chinese market is a key stage for the Russian agricultural sector.

  • China is the world's largest pork consumer (∼50% of global consumption).

  • Increased exports will strengthen Russia's position in the global food market.

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