Russia may significantly increase the supply of powdered milk and processed cheese to Oman

Published 2020년 8월 14일

Tridge summary

Russia has seen a significant increase in agricultural exports to Oman, with the potential to exceed $500 million, despite the country's high food self-sufficiency. In the first seven months of 2020, Russia exported foodstuffs worth $75 million, a threefold increase from the previous year. The main exports include wheat, corn, sunflower oil, poultry meat, tobacco, drinks, buckwheat, and alcohol. Oman imports agricultural products worth $3.6-3.8 billion annually, and the Russian market offers potential access to other Gulf Cooperation Council countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the organization, the estimated potential for increasing the supply of Russian agricultural products to Oman exceeds $ 500 million. In the first seven months of 2020, Russia exported foodstuffs worth $ 75 million to Oman, which is 3.4 times more than the same period last year. The main agricultural commodity shipped to the sultanate is traditionally wheat, sales of which this year increased to 329 thousand tons against 96 thousand tons in January-July 2019. Despite this, due to the diversification of export supplies, the share of cereals in the total volume decreased from 95% to 91%. This year, Russia began exporting corn to Oman, sending the first 18 thousand tons in June-July. After more than a two-year hiatus, supplies of sunflower oil were resumed: in April, 3 thousand tons were shipped, which was the first delivery since December 2017. Russia also exported poultry meat, tobacco, drinks, buckwheat and alcohol to Oman. Despite the fact that Oman has the highest ...
Source: Dairy

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