Russia has surpassed Canada as the top exporter of peas to China. After gaining access to the Chinese market in late 2022, Russia is projected to ship 1.2 million tonnes of peas to China in 2023-24, exceeding Canada's estimated 1 million tonne exports.
[1][2][4][5] Russia's lower pea prices of $310 per tonne compared to Canada's $400-$410 per tonne have driven this shift, putting downward pressure on Canadian pea prices.[5] While Canada will remain the world's leading pea exporter overall, Russia's growing dominance in the Chinese market is a significant development.
Citations:
[1] https://twitter.com/ReutersAg/status/1810658339912589689
[2] https://www.tradeworldnews.com/russia-overtakes-canada-as-top-peas/
[3] https://www.reddit.com/r/CanadianIdiots/comments/1dzz2fu/russia_overtakes_canada_as_top_peas_exporter_to/
[4] https://twitter.com/kannbwx/status/1810755165995110891
[5] https://shippingmatters.ca/russia-overtakes-canada-in-pea-exports/