Rusagro's agricultural products entered the Chinese market at the end of 2018, according to its official website. By the end of 2018, the first cargo ships carrying 5,000 tons of corn had sailed to Qingdao Port.
Rusagro pointed out: "China is the world's largest importer of agricultural products (120 million tons of imports, of which 900,000 tons come from Russia, mainly soybean products), but hardly buy Russian corn. In view of the change of traditional trade flow, China may become the main export destination of Russian agricultural products. "
According to statistics, by the end of 2018, Rusagro had exported a total of 99,000 tons of corn to East Asian countries. Among them, 94,000 tons are sold to Japan. The group has exported corn and soybeans to Japan for the fourth consecutive quarter, and its annual supply continues to increase.
Rusagro said: "The Group plans to further develop trade relations with China and Japan, and expand the export of agricultural products in coastal border areas. "
