RF in the first half of the year increased the export of agricultural products to the Baltic countries by 7%

Published Sep 3, 2020

Tridge summary

Russian agricultural exports to the Baltic countries, including Latvia, Lithuania, and Estonia, have seen a significant increase in the first half of 2020. The exports comprise of meal and cake, rapeseed oil, beet pulp, alcohol, and fish fillets, with meal and cake leading the export structure. The transport system of the Baltic macroregion plays a crucial role in the transit of Russian agricultural products to other EU countries and beyond. Despite being self-sufficient in grain, milk, and beef, the Baltic countries rely on imports of vegetables and fruits. In 2019, the region imported food for $9.6 billion, with Lithuania focusing on fresh or chilled food, and Estonia and Latvia importing ethyl alcohol and wheat, respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In particular, supplies to Latvia increased by 6.3%, to $ 202 million, Lithuania - by 9.5%, to $ 83 million, Estonia - by 0.6%, to $ 12 million. The leading position in the export structure is meal and cake. export of which increased by 53%, to 419 thousand tons, and by 39%, to $ 76 million. The Baltic countries are also one of the largest buyers of Russian rapeseed oil, which is used in the EU, including for the production of biofuel. In January-June, it was exported 64 thousand tons (20% more) for $ 49 million (30% more). In third place is beet pulp, the shipments of which doubled, to 271 thousand tons, in value terms - by 81%, to $ 35 million. This region is the main buyer of Russian beet pulp with a share of about 29% at the end of 2019, noted in "Agroexport". In addition, the top 5 main products exported to the Baltic countries include alcohol ($ 15 million, 18% less) and fish fillets ($ 12 million, 27% less). The supply of wheat, which in 2017-2019 was the largest position ...
Source: Dairy

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.