Moscow, Dec. 2 (Sputnik) -- Russian agricultural exports to China rose 34 percent in the first 10 months of this year, the Federal AgroExport Center of the Russian Ministry of Agriculture told Sputnik. China is the second largest importer of Russian agricultural products, the source said. In 2021, China ranked third behind the European Union and Turkey.

The increase in agricultural exports to China was driven by a 1.2 fold increase in rapeseed oil and an 81 per cent increase in frozen fish exports, the Centre said. These two types of commodities are Russia's main agricultural exports to China.

The Center stressed that the growth rate of agricultural exports to China was more than twice that of exports to East, Southeast and South Asian countries. These countries increased their purchases of Russian agricultural products by 14 percent in 2022.

Asia's share of the global food market will reach 50 percent by 2025 and could reach $8 trillion by 2030, according to a study by PWC(Price water house coopers), Rabobank and Singapore's Temasek.

Trade volume of agricultural products between Russia and China reached a record high of $5.99 billion in 2021, up 7.7 percent year on year, said Wang Kai, director general of the Department of Eurasia of China's Ministry of Commerce, at a meeting on the online connection of China-Russia food and agricultural products on Sept 1. In the first half of this year, the trade volume of agricultural products between Russia and China reached 3.57 billion US dollars, maintaining the momentum of growth. According to data from the Russian Agricultural Export Development Center, Russia ranks 12th in the list of countries supplying agricultural products to China based on the 2021 results. Meanwhile, Russian exports to China have doubled in five years.