In 2020, commodity turnover of agricultural products between Russia and BRICS amounted to more than $ 8.3 billion

Published 2021년 8월 30일

Tridge summary

Despite the pandemic, Russia met its domestic food needs last year and achieved values of food safety in key areas. The country is expected to continue the positive dynamics of agricultural development, increasing the supply of agricultural products abroad. Russian exports exceeded $30 billion in 2020 and have exceeded $17 billion so far this year. The country also prioritizes the conservation of biological diversity and has formed a unique base of genetic resources in animal husbandry and crop production. The 11th Meeting of the BRICS Agriculture Ministers adopted the Action Plan for Cooperation of the BRICS Countries in Agriculture for 2021-2024, reflecting the key areas of cooperation in the agricultural sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Increasing mutual trade in agricultural products and foodstuffs is not only a powerful stimulus for the development of national economies, but also provides the population of the participating countries with diverse, high-quality and healthy food products. Last year, despite the pandemic, Russia met its domestic food needs. The values of food safety were achieved in all key areas: grain, sugar, vegetable oil, meat and meat products, fish and fish products. This year, according to Sergei Levin, the positive dynamics of agricultural development is expected to continue. The existing production volumes made it possible to increase the supply of agricultural products abroad. In 2020, Russian exports exceeded $ 30 billion, and since the beginning of this year, they have exceeded $ 17 billion. The largest growth in exports is shown by the goods of meat, dairy and fat and oil products. Conservation of biological diversity remains one of the priority tasks. Our country has formed a unique ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.