Agroexport says the export of agro-industrial complex from the Russian Federation to Spain in 2020 increased by 78%

Published 2021년 3월 1일

Tridge summary

In 2020, Russia saw a significant increase in agricultural exports to Spain, with a 78% rise to $102 million compared to the previous year. This growth was primarily driven by a 91% increase in beet pulp exports to Spain, making it the country's third largest buyer of this product. Additionally, leguminous crops, molasses, sunflower and rapeseed meal exports also saw substantial increases. Despite a decrease in fish and seafood exports in volume, their monetary value increased due to higher prices. With Spain's leading role in the EU's agricultural production and importing a variety of goods, there is potential for Russian agricultural exports to Spain to reach 200-300 million dollars, with opportunities in dried legumes, frozen fish, meal and cake, residues from starch and sugar beet production, and sunflower and rapeseed oils.

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

Original content

Exports of agricultural products from Russia to Spain in 2020 increased by 78% compared to 2019 and reached $ 102 million. This is stated in the materials of the federal center "Agroexport" under the Ministry of Agriculture of the Russian Federation. As in 2019, beet pulp took the largest position in the sales structure last year. Over the year, its shipments increased by 91% to 190 thousand tons worth $ 30 million (+ 98%), thanks to which Spain entered the top 3 buyers of Russian pulp after Latvia and the Netherlands. European countries, including Spain, are the main sales market for beet pulp for Russian producers, Vadim Eryzhensky, deputy general director of Prodimex, told Agroexport. The holding company granulates and sells all the pulp obtained from sugar beet processing. “Previously, it was a waste of sugar production, which was disposed of in pits, but now it is a good export position. Due to the limited demand on the domestic market, the product is actively supplied to the ...

Source: Milknews