Export of agricultural products from the Vologda region, Russia in value terms increased by 31%

Published 2021년 12월 2일

Tridge summary

From January to November 26, 2021, Russia's Vologda Oblast saw a 1.1% increase in agricultural exports, totaling 22.0 thousand tons and valued at USD 40.6 million, which is a 31.0% increase from the previous year. This growth is attributed to higher product prices and government support for exporters, with the region surpassing its 2021 export target by 19.8%. The exports were distributed across various products, including cereal products, animal feed, food products, cocoa products, beverages, fats, and edible fruits and nuts. These products were exported to 53 countries, with Uzbekistan, China, and Kazakhstan being the leading importers. The main exports to these countries were baby food, fish and crustacean pellets, and bread and flour confectionery.

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

Original content

From the beginning of the year to November 26, it amounted to USD 40.6 million According to the Federal Customs Service of Russia, from the beginning of the year to November 26, the export of agricultural products from the Vologda Oblast amounted to 22.0 thousand tons, which is 1.1% more than the indicator for the same period in 2020 (hereinafter - excluding trade with the EAEU countries for October and November 2021). In value terms, exports increased by 31.0%, to $ 40.6 million, which is associated with an increase in the average price of shipped products (by 29.6%, to $ 1,843.4 / t). At the same time, the Vologda agro-export in value terms exceeded the planned figure for 2021, established by the regional project "Export of agricultural products", by 19.8%. The region increased supplies thanks to government support for exporters and a recovery in demand for local products after the 2020 pandemic restrictions were lifted. In the structure of exports in the reporting period, ...

Source: Specagro