Russia almost doubled the export of agricultural products to Japan in 4 months

Published 2021년 5월 20일

Tridge summary

In the first four months of 2021, Russia saw a significant increase in agricultural exports to Japan, with the total value reaching $ 95 million, a double from the previous year. This increase was primarily driven by a 3.2-fold rise in frozen fish exports, mainly frozen sockeye salmon, and an increase in herring and frozen cod supplies. Corn also contributed to the growth, with a 46% increase in exports. Additionally, there was a notable growth in sea urchin exports, tobacco products, and the resumption of fish fillet supplies. The Agroexport center anticipates that by 2030, Russia's agricultural exports to Japan could reach $ 2.5-2.8 billion, including products like frozen fish, crustaceans, grain crops, and meat products.

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

Original content

In January-April 2021, Russia exported $ 95 million worth of agricultural products to Japan, which is almost 2 times more than in the same period last year, the Agroexport center under the Ministry of Agriculture reports. In physical terms, exports increased by 57% - up to 93 thousand tons. The growth driver was the supply of frozen fish, which increased 3.2 times - to 9.9 thousand tons, and 3.8 times - to $ 42 million. The bulk of this volume fell on frozen sockeye salmon, which was shipped for $ 36 million, while while last year - only by $ 1.4 million. In addition, Russia increased supplies to Japan of herring (by $ 2.9 million, 6.3 times more) and frozen cod (by $ 1.8 million, by 32%) ... The second place in the sales structure is occupied by corn, the export of which in January-April increased by 46% - up to 66 thousand tons worth $ 14 million (67% more). Now Japan ranks 6th among buyers of corn from Russia. The third position is occupied by crustaceans, of ...

Source: Milknews