Volga Baikal AGRO NEWS Update on the Export Situation !!!

For 10 months of 2020 the export of agricultural products from Russia grew by 14%

Volga Baikal AGRO NEWS Update on the Export Situation !!!

For 10 months of 2020 the export of agricultural products from Russia grew by 14%.

Russia has increased the export of agricultural products by 14% compared to the same period of the last year. This year it amounts to $ 23.067 billion.

According to experts, grain supplies abroad for the reporting period increased by 14%, to $ 7.542 billion, fat and oil products – by 17%, to $ 3.73 billion, food and processing industry products – by 17%, to $ 3.322 billion. dairy products for 10 months increased by 43%, to $ 917 million. At the same time, the export of fish and seafood decreased by 4%, to $ 4.326 billion.

According to the materials, China remains the leader among the countries-importers of the Russian agricultural products, the volume of sales in which for 10 months increased by 24%, up to $ 3.2 billion. Exports to the EU countries during this period increased by 11% and amounted to $ 2.6 billion. Exports to Turkey increased by 20%, up to $ 2.5 billion.

Export of agricultural products from Russia in 2019 amounted to $ 25.6 billion. According to the federal project “Export of agricultural products”, supplies abroad in 2020 will amount to $ 25 billion. However, according to the forecast of the Ministry of Agriculture, this figure can exceed $ 27 billion.

Source: OilWorld.ru

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