Russia exports 275,000 tonnes of wheat to China in first 8M of current agricultural year, overtakes U.S. - Rusagrotrans

MOSCOW. March 10 (Interfax) - Russia exported 275,000 tonnes of wheat to China in the first eight months of the current agricultural year from July 2024 to February 2025 to exceed the volume of supplies from the United States for the first time, Rusagrotrans analytical center told Interfax.

"China has sharply reduced imports in the current season, including from the United States, amid a record harvest, and imported around 1 million tonnes from the main suppliers in 8M, including 275,000 tonnes of wheat from Russia. For the first time, this is more than the volume imported from the United States at 147,000 tonnes," Rusagrotrans said.

Canada has shipped around 500,000 tonnes to China since the start of the season, with minor volumes exported from the European Union and Australia.

Rusagrotrans data indicate that China imported significant volumes of wheat from the U.S. at 1 million tonnes to 2 million tonnes per season out of a total of 13-14 million tonnes in previous seasons.

Rusagrotrans also said that China has imposed a 15% tariff on wheat imports from the U.S. as of March 10 as a countermeasure.