Export of agricultural products from the Republic of Crimea since the beginning of 2021 amounted to USD 8.5 million in Russia

Published 2021년 7월 21일

Tridge summary

Despite sanctions restrictions and the COVID-19 pandemic, Crimean farmers have successfully adapted and exported over half of the region's total products as agricultural goods. The region has surpassed its export goals in recent years and is planning to allocate 400 million rubles from the budget for the development of export potential from 2018 to 2025. The main exports include poultry meat and alcoholic beverages, with notable contributions from the Druzhba Narodov poultry farm, the Massandra winery, and Dobroe LLC, a leading ice cream producer. There is potential for essential oil products to become a significant part of the agricultural export, with interest from Chinese investors in creating a full-cycle production of essential oils and spices in Crimea.

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

Original content

More than half of all exports of the region are accounted for by agricultural products Crimean farmers are successfully adapting to export activities in the face of sanctions restrictions and the COVID-19 pandemic. More than half of the region's total exports are agricultural products. In recent years, the republic has overfulfilled the plan of the regional project "Export of agricultural products": in 2019 - 2.8 times, in 2020 - almost 2.9 times; the plan for the current year has already been fulfilled by 70%: according to the Federal Customs Service of Russia, since the beginning of the year by July 11, products worth USD 8.5 million have been delivered abroad (excluding data on trade with the EAEU countries in June and July 2021) ... For the implementation of the export strategy in the period from 2018 to 2025, an aggregate resource provision from the budget of the republic in the amount of 400 million rubles is envisaged. Crimea remains interesting for international ...

Source: Specagro