Russia in 2021 began exporting sunflower oil to Qatar, but stopped the supply of wheat

Published 2021년 7월 14일

Tridge summary

In the first half of 2021, Russia's agricultural exports to Qatar saw a 36.2% decrease compared to the same period in the previous year, amounting to $ 5.4 million. This decline was largely due to a ceased wheat export and a reduced chocolate export, but there was a notable start in sunflower oil exports and an 11-fold increase in poultry meat exports. Despite the current decrease, the potential for Russian agricultural exports to Qatar is estimated to be $ 190 million, with products including grains, confectionery, meats, fish, eggs, and more. Qatar is identified as a strategic partner in the Middle East region for Russia's agricultural sector.

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

Original content

For the first half of this year, Russia exported agricultural products to Qatar for $ 5.4 million, which is 36.2% less than a year earlier. The structure of supplies has also changed significantly, according to the Agroexport center under the Ministry of Agriculture. In January-June, the export of Russian wheat stopped, the supply of chocolate products fell to $ 0.9 million from $ 1.5 million in the first half of last year. At the same time, the export of sunflower oil began (1.4 thousand tons for $ 2.1 million) and the supply of poultry meat increased 11 times (0.3 thousand tons for $ 0.4 million). According to Agroexport, in 2020 the Russian Federation exported agricultural products to Qatar for $ 23.8 million, which is 12.9% less than a year earlier. There were no supplies from Qatar. The share of this country accounted for less than 0.1% of exports of agricultural products. In 2020, wheat accounted for 72% of Russian agricultural exports to Qatar, tea - 12.1%, and chocolate ...

Source: Oilworld