Volga Baikal AGRO News Update on the Export Situation in the Russian Federation !!!

Export of agricultural products from the Russian Federation in 2020 exceeded $ 20 billion

Volga Baikal AGRO News Update on the Export Situation in the Russian Federation !!!

Export of agricultural products from the Russian Federation in 2020 exceeded $ 20 billion.

The export of agricultural products from the Russian Federation this year has already exceeded $ 20 billion, said the Minister of Agriculture Dmitry Patrushev at a meeting of Russian President Vladimir Putin with members of the government.

In 2020, the export benchmark is set at $ 25 billion. At the moment, we have already stepped over the figure of $ 20 billion,” – the minister said.

Answering the president’s question whether this figure exceeds the level of the same period last year, Patrushev said that “as of the same date last year, we did not reach the amount of $ 20 billion.” “Today I checked the latest figures, literally as of the date we had the sum of proceeds from the sale of agricultural products already amounted to $ 20 billion 700 million,” he said.

According to him, the demand for domestic agricultural products and foodstuffs is strengthening due to their high quality. “In 2020, despite the pandemic, new markets are open for 18 Russian-made commodity items. In total, we have the ability to supply 160 countries,” the minister said.

According to D. Patrushev, planned work is underway to promote agricultural products in foreign markets. “In particular, we are creating a network of representatives of the Ministry of Agriculture abroad in 50 countries. After the lifting of restrictions in connection with the coronavirus, the first attachés took up their duties, including in Thailand, Tunisia, Indonesia, Jordan, Mexico and Malaysia,” – he said.

“In general, this year, according to our forecasts, the established foreign trade indicators will be met in full,” – the minister highlighted.

At the same time, the Ministry of Agriculture does not exclude that the planned indicators may be overfulfilled. As Patrushev told journalists on the sidelines of the “Golden Autumn” exhibition held last week, exports could amount to more than $ 27 billion.

Last year, agricultural products worth $ 25.6 billion were supplied from Russia abroad.

Volga Baikal AGRO News Update ......

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