For 8 months, the growth of exports of products of the agro-industrial complex of the Russian Federation to the EU amounted to 32%

Published 2021년 10월 4일

Tridge summary

From October 2020 to May 2021, Russia saw a significant increase in agricultural exports to the European Union (EU), with a 32% rise in value reaching $2.4 billion and a 2.9% increase in volume to 4.2 million tons. The Netherlands, Latvia, and Germany were the top buyers, with the Netherlands experiencing a 30% increase in purchases primarily of fish and seafood. The EU exported cheeses, cottage cheese, wine, pork, bakery and flour confectionery, animal feed, coffee, and chocolate, while experiencing growth in imports of vegetable oils, soybeans, fruits, and berries. OECD projections forecast a continued growth in EU imports of corn, meat, fish, and seafood by 2030.

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

Original content

For 8 months of this year, Russia exported $ 2.4 billion worth of agricultural products to the EU, which is 32% more than in the same period last year, according to the Agroexport center under the Ministry of Agriculture. In physical terms, supplies increased by 2.9% to 4.2 million tons. In the EU, fish products, meal and cake, grain crops are mainly shipped. In particular, the supply of meal in volume remained approximately at the level of 2020 - 1.2 million tons, in value - increased by 50%, to $ 420 million. The EU also sent 9.6 thousand tons of crustaceans (58% more ) by $ 263 million (2.3 times more), 47 thousand tons of fish fillets (an increase of 47%) by $ 238 million (an increase of 39%), 74 thousand tons of frozen fish (6.9% less) by $ 224 million (11% less). In addition, wheat is included in the top 5 export products - 737 thousand tons (an increase of 93%) for $ 189 million (2.4 times more). The Netherlands is the leading buyer of Russian agricultural products ...

Source: Milknews