Russia targets doubling agricultural exports to China by 2030

Russia may double its agricultural exports to China by 2030, senior officials stated at the “Russia – China” session of the St. Petersburg International Economic Forum (SPIEF), underscoring strengthening trade ties and expanding logistics between the two countries.

Speaking at the event, Ilya Ilyushin, head of the Federal Center “Agroexport”, said that Russia’s agricultural exports to China reached approximately $3 billion as of June 1, a 9% increase year-on-year. He noted that China currently accounts for 22% of Russian agricultural exports. According to projections, that figure could rise to $11 billion by the end of the decade. The main products driving this growth include frozen fish, vegetable oils, crustaceans, poultry, peas, beef, fish fillets, and pork, which has seen a fourfold export increase in 2025.

Chinese Ambassador to Russia Zhang Hanhui stressed the strong momentum in bilateral trade, citing a 2024 turnover exceeding $244 billion. He highlighted the complementarity of the two economies and noted that over 20 bilateral agreements were signed during Chinese President Xi Jinping’s visit to Russia in May, reinforcing cooperation in sectors including agriculture.

Tatyana An, Vice President of the Russian Export Center, outlined the key mechanisms supporting non-resource exports to China, including national pavilions, trade missions, and the “Made in Russia” program. She emphasized that Chinese consumers value Russian agricultural goods for their flavor, originality, and environmental attributes.

Following the session, Agroexport held a meeting with Chinese logistics companies from Heilongjiang Province. Discussions confirmed that Russia continues to be the province’s top trading partner, accounting for nearly 75% of its foreign trade turnover.