According to APK-Inform, in the previous agricultural
year, 78% Russian soybeans are exported to China.
Russia totally exported 1.08 million
soybeans to China, increasing 38% on YoY basis.
In 2020-2021 agricultural year, Russia exported 1.38 million ton soybeans, reaching the highest record and increasing 4% on YoY basis. According to the analyst of APK-Inform, the record of Russia is caused by higher demand of China for soybeans.