Since the beginning of the year, Russia has exported 1.5 million tons of agricultural products for 924.3 million US dollars

Published 2021년 7월 27일

Tridge summary

The Kaliningrad region in Russia has seen significant agricultural exports since the start of 2021, with a total value of USD 924.3 million and a volume of 1,537.2 thousand tons, excluding trade with EAEU countries in June and July. The fat and oil industry is the largest contributor to these exports, with 48.1% of the total value, including soybean and rapeseed oils. Other exports include residues and waste from the food industry, ready-made animal feed, oilseeds, and cereals. The main buyers of these products are China, Norway, and Algeria for fat and oil products, and Norway, Denmark, and the Netherlands for residues and animal feed. The main recipients of oilseeds and cereals are Belarus, Belgium, and Lithuania, respectively. The largest Russian soybean processor, Sodruzhestvo Group, plays a significant role in these exports.

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

Original content

The largest share in the structure of regional exports is taken by the products of the fat and oil industry. According to the Federal Customs Service of Russia, as of July 18, the export of agricultural products from the Kaliningrad region since the beginning of 2021 (hereinafter - excluding trade with the EAEU countries in June and July) in value terms amounted to USD 924.3 million, in kind - 1,537.2 thousand tons The largest share in the structure of regional exports is taken by the products of the fat and oil industry: soybean and rapeseed oils, other vegetable fats, including jojoba oil, boiled and oxidized oils and fats. In the reporting period, 421.9 thousand tons of products of this group were delivered abroad for the amount of 444.3 million US dollars, which is 48.1% of all export deliveries in value terms. The main buyers are China (USD 124.8 million; 123 thousand tons), Norway (USD 120.5 million; 116 thousand tons) and Algeria (USD 80.1 million; 71.6 thousand tons). T). ...

Source: Specagro