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    Home > Food News > Food Articles > Russian agricultural exports increase by 20%

    Russian agricultural exports increase by 20%

    • Last Update: 2021-11-11
    • Source: Internet
    • Author: User
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    The Russian Agricultural Investment Network reported on October 27 that, according to data from the Agricultural Export Center of the Russian Ministry of Agriculture , as of October 24, Russian agricultural exports reached 26.
    7 billion U.
    S.
    dollars, an increase of 20% year-on-year .
    Exports of cereals increased by 12% to US$8 billion; exports of fish and seafood increased by 21% to US$5.
    1 billion; exports of oil and fat products increased by 48% to US$5.
    35 billion; exports of food and processing products increased by 9% to US$5.
    1 billion.
    US$3.
    55 billion; exports of meat and dairy products increased by 30% to US$1.
    12 billion .
    The Russian Ministry of Agriculture predicts that the export volume of Russian agricultural products this year will reach 34-35 billion U.
    S.
    dollars .
     
    The EU is the largest buyer of Russian agricultural products.
    Russian agricultural exports to the EU increased by 36.
    4% to 3.
    5 billion US dollars, accounting for 13%
    .
    Turkey ranked second, and Russia's agricultural exports to Turkey increased by 32.
    4% to 3.
    15 billion U.
    S.
    dollars, accounting for 11.
    8% of the total
    .
    China ranked third, and Russia’s agricultural exports to China fell 9.
    7% to 2.
    79 billion US dollars, accounting for 10.
    4%
    .
    The top ten countries also include South Korea, Kazakhstan, Egypt, Belarus, Ukraine, Uzbekistan and Azerbaijan
    .
     
    Relik, director of the Russian Agricultural Market Research Institute, said that the increase in Russian agricultural exports in 2021 is mainly due to the increase in international food prices, and the prices of Russian agricultural exports are almost all higher than the previous year's level
    .
     
      Kolbut, vice chairman of the Russian Food Federation, believes that Russia has made remarkable achievements in agricultural exports
    .
    On the one hand, it is due to the price increase in the international food market, and on the other hand, because of the epidemic that Russian agricultural products are more popular
    .
    The prices of agricultural products in other countries are higher.
    This does not mean that Russian products are poor, but they are more suitable for the needs of certain groups of people
    .
    The export of Russian agricultural products has broad prospects, and the domestic market demand and purchasing power in Russia are limited.
    Expanding exports will help further promote production
    .
    Agricultural exports of the Ministry of Agriculture
     
      The EU is the largest buyer of Russian agricultural products.
    Russian agricultural exports to the EU increased by 36.
    4% to 3.
    5 billion US dollars, accounting for 13%
    .
    Turkey ranked second, and Russia's agricultural exports to Turkey increased by 32.
    4% to 3.
    15 billion U.
    S.
    dollars, accounting for 11.
    8% of the total
    .
    China ranked third, and Russia’s agricultural exports to China fell 9.
    7% to 2.
    79 billion US dollars, accounting for 10.
    4%
    .
    The top ten countries also include South Korea, Kazakhstan, Egypt, Belarus, Ukraine, Uzbekistan and Azerbaijan
    .
     
      Relik, director of the Russian Agricultural Market Research Institute, said that the increase in Russian agricultural exports in 2021 is mainly due to the increase in international food prices, and the prices of Russian agricultural exports are almost all higher than the previous year's level
    .
     
      Kolbut, vice chairman of the Russian Food Federation, believes that Russia has made remarkable achievements in agricultural exports
    .
    On the one hand, it is due to the price increase in the international food market, and on the other hand, because of the epidemic that Russian agricultural products are more popular
    .
    The prices of agricultural products in other countries are higher.
    This does not mean that Russian products are poor, but they are more suitable for the needs of certain groups of people
    .
    The export of Russian agricultural products has broad prospects, and the domestic market demand and purchasing power in Russia are limited.
    Expanding exports will help further promote production
    .
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