Russia: Export of agricultural products from Vologda region increased by 1.5 times

Published 2021년 7월 2일

Tridge summary

From January to June 2021, the Vologda Oblast in Russia saw a 17.8% increase in agricultural exports, totaling 11.1 thousand tons and valued at USD 20.3 million, a 50.1% increase from the previous year. The region exported a variety of products including cereals, flour, animal feed, fats and oils, beverages, and cocoa. The main importers were China, Kazakhstan, Uzbekistan, Belarus, and Ukraine. The Vologda branch of the Federal State Budgetary Institution "Center of Agroanalytics" set a target for the region's agricultural product exports at USD 33.9 million for 2021.

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

Original content

From the beginning of the year to June 27, it amounted to USD 20.3 million According to the Federal Customs Service of Russia, from the beginning of this year to June 27, enterprises of the Vologda Oblast exported 11.1 thousand tons of agricultural products, which is 17.8% more than in the same period of 2020 (hereinafter - excluding trade with the EAEU countries for May and June 2021). In value terms, exports increased by 50.1% to $ 20.3 million. In physical terms, the export of agricultural products and foodstuffs from the Vologda Oblast exceeded imports by 3.7 thousand tons, while the cost of imports turned out to be almost a third higher than the value of exports (from the beginning of the year to June 27, the region imported 7.3 thousand tons of agricultural products to the amount of USD 30.5 million). In the reporting period, the Vologda Oblast exported finished products from cereals, flour, starch or milk, flour confectionery (4.4 thousand tons for 9.0 million US dollars); ...

Source: Specagro