Russia Federation for 10 months increased export of agricultural products to Finland by 49% - "Agroexport"

Published 2020년 11월 19일

Tridge summary

There has been a significant increase in in-kind deliveries from Russia to Finland, with a 74% growth to 257 thousand tons, primarily consisting of meal and cake, particularly rapeseed meal. Finland's imports of Russian alcohol and wild plants have also risen, and the country has started importing wheat and sunflower seeds from Russia for the first time. Due to climatic conditions, Finland relies heavily on imports for many agricultural products. There is potential for increased Russian exports to Finland in confectionery products, animal feed, fur raw materials, and technical fats. The Finnish market is also receptive to Russian alcoholic beverages, including wine. Additionally, the demand for organic and wild products in Finland is on the rise, offering opportunities for Russian producers in these sectors.

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

Original content

In-kind deliveries grew by 74% to 257 thousand tons. The export is based on meal and cake. According to the Federal Customs Service, their deliveries to Finland increased by 18% over 10 months, up to 93 thousand tons by $ 27 million (28% more). As a result, Finland has risen to the top 5 buyers of these products. The main volume fell on rapeseed meal (68 thousand tons), the rest - on soybean meal (25 thousand tons). Finland is also one of the leading importers of Russian alcohol and wild plants. In January-October, it imported 31 million liters of alcohol (1.3% more) by $ 14 million (2.8% less), berries and nuts - 2.2 thousand tons (3.3 times more) by $ 9 , 5 million (2.6 times more). For the first time since October 2018, wheat shipments have begun in Finland. Sold 85 thousand tons for $ 18 million. This year, Russia has also begun deliveries of sunflower seeds to this country - 16 thousand tons for $ 7.4 million. According to Agroexport, due to climatic conditions and a short ...

Source: Dairy