Export of agricultural products from Russia to Brazil increased more than 5 times in the first half of 2021

Published 2021년 7월 13일

Tridge summary

Russian exports to Brazil have seen a significant increase in the first half of 2021, with a 5.6-fold increase in agricultural product exports amounting to $54.4 million. The rise is primarily due to the supply of flour and cereal industry products, especially unroasted malt, which enjoyed a customs duty of zero instead of the usual 14% until the quota was reached. Other notable increases include wheat gluten, finished products from cereals, flour, starch or milk, flour confectionery products, active other yeast, sugar and confectionery products, and other fish products. However, there was a decrease in the supply of alcoholic and non-alcoholic products, and for the first time, tobacco products were exported to Brazil. This has propelled Russia to the 19th place among agricultural product exporters to Brazil, up from 37th place last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The main driver of growth of Russian exports to Brazil was the supply of products of the flour and cereal industry: the bulk of this volume fell on unroasted malt, the supply of which increased more than 6 times to 124.4 thousand tons in physical terms and to 50.7 million US dollars in value According to the results of the first half of 2021, Russia took 19th place among all countries exporting agricultural products to Brazil with a share of 0.9%, while last year, according to the results of the first half of the year, Russia took 37th place (share - 0.2%), reports the official portal of the Trade Mission of the Russian Federation in the Federative Republic of Brazil. According to the statistical portal ') / / -> Comex Stat ') // -> Ministry of Economy of Brazil from January to June 2021, Russia supplied to Brazil 128.5 thousand ...
Source: Agroxxi

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