Russia: Voronezh region increased the export of vegetable oil and increased purchases of rapeseed

Published 2020년 12월 8일

Tridge summary

The article provides an overview of the Voronezh region's customs performance for the first 11 months of 2020, revealing a 72.8% export rate with goods distributed to 90 countries. Ukraine, Turkey, China, Latvia, and Hong Kong were the top export destinations, while 75 countries, led by the European Union, Germany, France, and the Netherlands, were the main importers. The foreign trade turnover for the period reached nearly $965 million, with a positive balance of $175 million due to higher exports of vegetable oils and sugar, alongside increased imports of seeds and beets.

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

Original content

12/08/2020 The Voronezh customs summed up the work for 11 months of 2020. As noted in the department, 72.8% of goods are exported from the region this year. Products from the Voronezh region are exported to 90 countries. The largest partners in this area are: Ukraine (19% of total exports), Turkey (13%), China (10%), Latvia (8%), Hong Kong (7.6%). As for imports, the volume of which, respectively, amounts to 27.2 percent of the total amount of goods, products from 75 countries are imported into the Voronezh region. The first place is taken by the European Union (11% of the total number of imported goods), Germany (10.5%), France (10.5%), the Netherlands (8%), China (7%). As explained in the Voronezh customs, the European Union is considered separate from Germany, France and the Netherlands, because the components of imported goods with the EU brand are produced in various European countries. “The volume of foreign trade turnover for 11 months amounted to almost 965 million US ...

Source: Oilbranch