Export of meat from Russia increased by 4.9%

Published 2021년 8월 2일

Tridge summary

In the first half of 2021, Russia experienced a significant increase in agricultural exports, with pork and beef exports seeing the most significant growth. Pork exports rose by 19% to over 100 thousand tons, generating revenue of over $200 million, largely due to the expansion into the Vietnamese market. Poultry meat exports, on the other hand, saw a decrease of 6.6% in volume and 7.2% in value, primarily due to a 22% reduction in sales to China. Beef exports surged by 2.9 times to 14 thousand tons, contributing $84 million to the total export value. China continued to be the largest consumer of Russian meat products, followed by Vietnam and Ukraine. Overall, meat exports from Russia experienced a 26% increase in value, reaching $499 million.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the first half of 2021, more than 100 thousand tons of pork were exported, which is 19% more compared to January-June 2020. In monetary terms, foreign supplies of pork amounted to more than $ 200 million, showing an increase of 49%. According to Agroexport, this was largely due to the expansion of sales to Vietnam. Russia gained access to the market of this Asian country at the end of 2019 and in the first half of 2021 became the leader among countries supplying meat to Vietnam, overtaking the United States, India, the Netherlands and Poland. Exports of poultry meat in the first 6 months of this year amounted to 132 thousand tons, having decreased by 6.6%. In monetary terms, the volume of supplies decreased by 7.2% to $ 202 million. “The main factor behind the negative dynamics is the reduction in sales to China, which decreased by 22% to $ 111 million. At the same time, the export of poultry meat to Saudi Arabia showed an increase of 58%, to $ 20 million, a multiple increase ...
Source: Agrovesti

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