Food exports from Russia to Tunisia may exceed $400 million

Published Jul 5, 2024

Tridge summary

Russia is strengthening its position as a key supplier of agricultural products to Tunisia, with wheat, barley, and sunflower oil being the main exports. The country also started delivering powdered milk last year and is looking to increase these volumes. Grain supplies to Tunisia have seen positive growth, with the Republic importing over 1.4 million tons of Russian grain by the end of June 2024. There is also potential for the export of leguminous crops and durum wheat to Tunisia. Additionally, Russia is exploring the possibility of supplying meat and fish products to Tunisia, following the expectation to consolidate its position in the Tunisian market and expand food trade.

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

Original content

Russia's main exports to the Tunisian market are wheat, barley, and sunflower oil. “By the end of 2023, Russia has taken the place of a key supplier of barley on the Tunisian market. But we expect to increase this share and consolidate our presence. As for fat and oil products, there are prospects to expand the line and resume supplies of soybean oil, which were carried out in 2022,” Krasnov clarified, adding that the first deliveries of powdered milk to Tunisia also began last year, and Russian exporters are ready to increase volumes. Deputy Minister of Agriculture Sergei Levin noted that Tunisia is an important partner of Russia in North Africa. Grain supplies increased last year; since the beginning of 2024, positive dynamics have continued, which indicates the demand for Russian products in Tunisia. He also noted significant opportunities for expanding food trade. Russia is a key player in the global grain market, and Tunisia seeks to develop trade with it, confirmed the ...

Source: Fishretail