China is the main consumer and buyer of Russian agricultural products
Published Jul 28, 2020
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New drivers of Russian agricultural exports - oilseeds, sugar and meat, according to RSHB analysts
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New drivers of Russian agricultural exports - oilseeds, sugar and meat, according to the RSHB analysts According to the operative data of the Center for Industry Expertise of the Russian Agricultural Bank (CSE), export volumes are ahead of the planned indicators. In the first half of the year, the volume of exports of agricultural products (excluding the EAEU countries) amounted to $ 10.5 billion, having increased by 17% in value terms compared to the same period in 2019. Shipments to the EAEU countries confirm the trend: in the first 4 months of 2020, their volumes increased by 10%, to $ 1.2 billion.CES believes that by the end of the year, the export of agricultural products abroad may increase by more than 10% to $ 27-28 billion. The Ministry of Agriculture of the Russian Federation forecasts exports in 2020 at the level of last year, in the amount of $ 25 billion. “We expect that the main growth will be provided by both the primary export categories, grains and oil and fat, ...
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