News

Russia: Siberia has increased the export of agricultural products

Russia
Published May 29, 2021

Tridge summary

Siberia in the first quarter of 2021 sharply increased food exports - one and a half times compared to the same period last year. The growth driver was the supply of cereals. After the introduction of protective duties, growth slowed down, and now the regions are betting on the export of cereals.

Original content

Steep dynamics According to the Siberian Customs Administration, in the first quarter of 2021, food exports from Siberia increased by one and a half times compared to the same period a year earlier and amounted to $ 420.1 million. In physical volume, exports increased by 28.5%, reaching 1, 8 million tons. The largest export volumes of food products fall on the participants of foreign economic activity of the Novosibirsk region (26.5%), Altai Krai (21.3%), Omsk region (19.1%) and Kemerovo region (18%). Compared to the first quarter of 2020, export deliveries increased in all subjects of the Siberian Federal District, except for the Republic of Tyva. The export geography remains practically unchanged. Among the key importers are China (26% of the value of food exports), Kazakhstan (23.2%), Mongolia (14.8%), Vietnam (5.6%), Azerbaijan (3.1%). In the first quarter, exports to China increased 1.7 times, to Kazakhstan - by 21.1%, to Mongolia - 2.1 times. The growth of exports from ...
Source: Zol
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