Russia: In 2020, the Nizhny Novgorod Region exported agricultural products worth USD 265.2 million

Published 2021년 2월 25일

Tridge summary

In 2020, the Nizhny Novgorod region in Russia saw a 9% increase in agricultural exports, reaching USD 265.2 million. The fat and oil industry, particularly sunflower oil, made up 68.3% of these exports. Other exports included grain, fish, sugar, canned vegetables, alcoholic beverages, and more. The main importers were China, Belarus, and Kazakhstan, with China being the largest buyer of fat and oil products, and Belarus being the largest buyer of fish and seafood.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The largest share in exports was taken by products of the fat and oil industry, in particular sunflower oil.According to the Federal Customs Service of Russia, in 2020, the export of agricultural products from the Nizhny Novgorod region increased by 9% compared to 2019 and amounted to USD 265.2 million. The Ministry of Agriculture of the region noted that the export supplies of grain, fish, sugar, canned vegetables, alcoholic beverages, etc .; more than 60 Nizhny Novgorod companies supplied their products abroad. The largest share in the export structure was taken by the products of the fat and oil industry - 68.3%, or 181.2 million US dollars. The most demanded product of this group abroad is sunflower oil: it accounted for 84.3% of exports in value terms (USD 152.8 million). The share of supplies of mayonnaise and other sauces amounted to 7.3% (USD 13.3 million), margarine - 5.7% (USD 10.3 million), other cakes - 2.2% (USD 4.0 million . USA), rapeseed and mustard oils - 0.5% ...
Source: Specagro

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.