Russia: Export of agricultural products in the Lipetsk region for 11 months increased by 41%

Published 2020년 12월 8일

Tridge summary

The farmers of the Lipetsk region have experienced a significant increase in agricultural exports, with a 41% growth compared to the previous year, totaling about $470 million for the first 11 months of 2020. The export volume reached approximately 1.4 million tons, with over 70 countries receiving these products. There has been a notable shift towards exporting value-added products, with a 87% increase in sunflower, rapeseed oil, and oilseed cakes exports, and a 54% increase in exports of sugar, tobacco, water, beer, beet pulp, and baby food. The regional administration anticipates that agricultural exports will grow more than five times over the next five years, from $91 million in 2015 to an expected $500 million by the end of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

TASS, December 7. Since the beginning of the year, the farmers of the Lipetsk region have exported about 1.4 million tons of agricultural products for a total of about $ 470 million. For 11 months, exports grew by 41% compared to last year, the press service of the regional administration said on Monday. “For 11 months of 2020, export growth compared to last year amounted to 41%. Since the beginning of the year, about 1.4 million tons of products of Lipetsk agrarians have been sent abroad for a total of about $ 470 million. There is an obvious shift in the commodity nomenclature of exports from raw materials (grains, oilseeds) to products with high added value, "the statement says. press service of the regional administration. According to her, the products of the regional agro-industrial complex (AIC) are exported to more than 70 countries, and the annual indicator established by the federal project “Export of Agro-Industrial Complex” for the Lipetsk Region has already been ...
Source: Kvedomosti

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