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Despite multibillion-dollar subsidies and embargoes, imports of fruits and vegetables to Russia continue to grow

Несмотря на многомиллиардные субсидии и эмбарго, импорт овощей и фруктов в РФ продолжает расти
This news article has been translated to English.
Vegetables
Russia
Price Trend
Fruits
Supply Yield / Stock Quantity
Feb 16, 2022
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According to EastFruit analysts, the effectiveness of multibillion-dollar injections into Russia's own production of vegetables and fruits, while almost completely restricting access to its market for suppliers from most leading producing countries, remains extremely low. Imports of fruits and vegetables to Russia continue to grow, even despite the devaluation of the Russian currency and the ongoing stagnation of real incomes of the country's population!
According to EastFruit analysts, the effectiveness of multibillion-dollar injections into Russia's own production of vegetables and fruits, while almost completely restricting access to its market for suppliers from most leading producing countries, remains extremely low. Imports of fruits and vegetables to Russia continue to grow, despite the devaluation of the Russian currency and the ongoing stagnation of real incomes of the country's population! In 2021, Russia once again increased the import of fruits and vegetables. The growth of imports was 3.4%, and the volume of imports reached $7.6 billion. The average annual growth rate of imports to Russia over the past five years, when the real incomes of the country's population continued to decline, amounted to 5.6% per year. Every year, Russian importers increased their purchases of imported vegetables, fruits, berries and nuts by $415 million, which makes the country one of the world leaders in terms of increasing imports of ...
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