Russian agricultural exports to South Korea grew by 50% in 2020
Russia
South Korea
Published Jan 15, 2021
Tridge summary
From January 1 to December 27, 2020, 866 thousand tons of food for $ 1.7 billion were supplied from Russia to the Republic of Korea, according to the Agroexport center under the Ministry of Agriculture of the Russian Federation. According to the Federal Customs Service, in physical terms, the volume of supplies increased by 50% compared to the same period in 2019, in value terms - by 7.1%.
Original content
Among the countries-importers of Russian food, South Korea ranks 6th and remains the second after China in the category of fish and seafood with a share of 33%, the second buyer of meat flour, the fourth - corn, the fifth - soybeans. About 45% of the volume exported from Russia fell on crustaceans, the supply of which against the background of the pandemic decreased in physical volume by 11% to 43 thousand tons, in monetary volume - by 0.8% to $ 752 million. The overwhelming part of this volume was accounted for by crabs. procurement of which South Korea occupies a leading position. Export of frozen fish, on the contrary, increased to 410 thousand tons (+ 45%) worth $ 611 million (+ 8.8%). Russia sells pollock, cod, sardines, sockeye salmon, halibut and many other types of fish. The products are subsequently partially re-exported to Japan, China and other Asian countries, including in processed form. In third place in the export structure is fish fillet, its shipments increased by ...
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