Russia: Lipetsk Region's agricultural exports are ceasing to be raw materials

Published 2024년 11월 29일

Tridge summary

The agricultural enterprises in the Lipetsk region of Russia are exporting a growing share of processed products to South Africa, Turkey, and India, which together account for nearly 45% of the region's total exports. The main exports to South Africa are wheat, while India imports sunflower oil in large quantities. Turkey is a balanced importer of a variety of agro-industrial products from the region. In the first eleven months of the year, the Lipetsk Oblast exported over 2 million tons of agricultural products abroad, an increase of 12 thousand tons from the previous year, with processed products now making up a larger share of exports than raw materials.

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Original content

Lipetsk agricultural enterprises are increasingly exporting more expensive processed products to foreign markets. The main countries importing products from the Lipetsk region are South Africa, Turkey and India, which account for almost 45% of the total export volume. The Republic of South Africa is the largest consumer of Lipetsk grain: in less than eleven months of the current year, 319.2 thousand tons of wheat were sent there. India, in turn, mainly imports sunflower oil and continues to purchase it in significant volumes; as of November 24, Lipetsk enterprises supplied 261.6 thousand tons of this product to the Indian market. Turkey is the most balanced importer of products of the agro-industrial complex of the Lipetsk region, purchasing both grain and legumes, as well as vegetable oils, oilcakes, bran and other agricultural products. From January to November 2024, the region exported 306.8 thousand tons of products to Turkey. According to the Federal Center for Development of ...

Source: Zol