Russia: Export of fats and oils from Altai Republic increased more than 3 times

Published 2021년 8월 20일

Tridge summary

The Altai Republic in Russia has seen a significant increase in agricultural exports in the first half of 2021. There has been a 4.5% rise in wheat and meslin exports, a 28.6% increase in live animal exports, and a three-fold increase in the export of fats and oils. Uzbekistan and Kazakhstan were the primary importers of these products. The Altai Republic aims to reach an export volume of USD 11 million by the end of 2021, a target that has already been exceeded by 17.3%, with a total export volume of USD 12.9 million and 37.8 thousand tons of products supplied to date.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In addition, supplies of wheat abroad increased by 4.5% and live animals by 28.6%. According to the Federal Customs Service of Russia, since the beginning of 2021, as of August 15, 1.5 thousand tons of fats and oils of animal or vegetable origin were supplied from the Altai Republic to other countries. This is almost 3 times more than in the same period of 2020 (then this figure was 0.6 thousand tons). Exports of wheat and meslin also increased: 4.5% more of these products were sent abroad than in the previous year (an increase from 33.1 thousand tons to 34.6 thousand tons). Exports of live animals (cattle, sheep and goats) increased by 28.6% (from 0.7 thousand tons to 0.9 thousand tons). Uzbekistan became the main importer of fats and oils: by August 15, products worth USD 2.2 million were delivered there. Also, a small share was exported to Kyrgyzstan (USD 0.1 million). Wheat in the amount of USD 7.1 million was purchased by Kazakhstan. The main volume of supplies of cattle, ...
Source: Specagro

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