Russia: The share of grain in agricultural exports of the Volgograd region reaches 50%

Published 2021년 6월 11일

Tridge summary

The Volgograd region in Russia has seen a significant increase in agricultural exports, with a 200% rise in the first five months of the year compared to the same period last year. The exports, valued at $112 million, include grain crops, fat and oil products, and powdered milk whey, with the majority being exported to Iran, Azerbaijan, Turkey, and Eastern European countries. The region is also benefiting from government support measures such as preferential lending and compensation for certification costs. Since 2014, the region has been focusing on stimulating the development of the agro-industrial complex, implementing 780 agricultural projects worth 28.8 billion rubles, and currently working on 312 investment projects worth 46 billion rubles.

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Original content

In the structure of the region's agro-industrial exports, over 50% are grain crops. The agro-industrial complex of the Volgograd region provides an increase in export supplies, the regional administration notes. The volume of exports of agricultural enterprises in the region increased more than 2 times in relation to January-May last year. According to the results of the first 5 months of this year, agricultural products worth $ 112 million were sent abroad from the region. The relevant information was announced at a meeting of the interdepartmental working group on export in the agro-industrial complex, which was chaired by the deputy head of the region Vasily Ivanov. The region is implementing a production program aimed at producing goods with high added value. “We ensure competitiveness and high quality of products by carrying out technological re-equipment of the industry and providing targeted support to export-oriented projects,” Ivanov said. The export potential of the ...

Source: Zol