Russia: Export of agricultural products from the Chechen Republic increased by 45%

Published 2021년 7월 28일

Tridge summary

The Chechen Republic in Russia has seen a 45% increase in agricultural exports from January to July 2021, totaling USD 6.4 million (26.7 thousand tons), compared to the same period last year. The increase is attributed to a record harvest of grain and leguminous crops last year. The main importers of these products were Turkey, Israel, Belarus, and Uzbekistan. Cereals made up 93.6% of the total export value. On the other hand, agricultural imports into the region have decreased by more than two times compared to the previous year, with live trees and other plants making up 96.1% of the total import value.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By July 25, the region exported agricultural products for USD 6.4 million According to the Federal Customs Service of Russia, the export of agricultural products from the Chechen Republic from the beginning of the year to July 25 (hereinafter - excluding trade with the EAEU countries in June and July) amounted to USD 6.4 million (26.7 thousand tons) - 45% more than in the same period last year. According to experts of the Chechen branch of the FSBI "Center for Agroanalytics", the export growth is due to the record harvest of grain and leguminous crops last year: according to Chechenstat, it amounted to 461.2 thousand tons. The main importers of agricultural products in the region are Turkey (73.4%, or 4 USD 7 million), Israel (20.3%, or USD 1.3 million), Belarus (3.1%, or USD 0.2 million) and Uzbekistan (1.5%, or USD 0.1 million). In the structure of Chechen agricultural exports in value terms, the largest share - 93.6% - falls on cereals: their supplies abroad in the reporting ...

Source: Specagro