For 7 months of 2021 in Russia, the Chuvash export of oil seeds and fruits increased by 1.7 times

Published 2021년 8월 5일

Tridge summary

In the first seven months of 2021, Chuvashia, a region in Russia, saw a significant increase in the export of oilseeds and fruits, with a value of USD 2.3 million (3.2 thousand tons), marking a 1.7 times increase compared to the same period last year. The region ranked fifth in the Volga Federal District in terms of volume of products shipped. The demand for these products is particularly high in Germany, Poland, and Ukraine, which together account for 90% of total exports. Flax seeds and mustard seeds are the primary exports. To further stimulate this growth, the region has a subsidy available through the federal project "Export of agricultural products" to increase the production of oilseeds.

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

Original content

The volume of supplies of these products in value terms amounted to USD 2.3 million. According to preliminary data from the Federal Customs Service of Russia, for 7 months of 2021, oilseeds and fruits (TN VED code 12) were shipped from Chuvashia in the amount of USD 2.3 million (3.2 thousand tons), which is 1.7 times higher than last year's figure for the same period (hereinafter, all calculations are given without taking into account trade with the EAEU countries for June and July). In terms of the volume of products shipped, the region took the fifth place in the Volga Federal District, yielding to the Orenburg, Saratov and Samara regions, as well as the Republic of Tatarstan. Chuvash products are in great demand in Germany (1,357.5 thousand US dollars), Poland (624.1 thousand US dollars) and Ukraine (120.7 thousand US dollars), which account for 90, 5% of total exports. Also, oilseeds and fruits are shipped to Azerbaijan, Belgium, Kyrgyzstan, Czech Republic and Italy. In the ...

Source: Specagro