News

Russia becomes net exporter of agricultural products for the first time, its meat and vegetable oil products are selling well in China

Meat
China
Russia
Published Mar 17, 2021

Tridge summary

Since last year, the export of Russian agricultural products has increased significantly. According to the latest data released by the Russian Agricultural Export Center (Agro Export) under the Russian Ministry of Agriculture, Russia exported 79 million tons of agricultural products in 2020, with an export value of 30.7 billion US dollars. This performance not only increased by 20% compared with 2019, but also set a record of USD 28.5 billion in exports of agricultural products in 2018. At the same time, in 2020, Russia’s total imports of agricultural products recorded USD 29.7 billion, which also enabled Russia to achieve a surplus in agricultural trade for the first time. , Two years earlier than Russian President Vladimir Putin’s previous estimate. China has become the largest buyer of Russian agricultural exports. Gao Feng, spokesperson of the Ministry of Commerce, said at a regular press conference that the volume of Sino-Russian agricultural trade in 2020 5.55 billion U.S. dollars, a record high, of which China’s imports were 4.09 billion U.S. dollars, an increase of 13.7%. From the perspective of Russian agricultural export market share, China, Turkey and the European Union accounted for the top three. In addition, Egypt, South Korea, Azerbaijan, Ukraine, etc. are also Russian Major buyers of agricultural products. At present, Russian agricultural products have been exported to 150 countries and regions.

Original content

Since last year, the export of Russian agricultural products has increased significantly. According to the latest data released by the Russian Agricultural Export Center (Agro Export) under the Russian Ministry of Agriculture, Russia exported 79 million tons of agricultural products in 2020, with an export value of 30.7 billion US dollars. This performance not only increased by 20% compared with 2019, but also set a record of USD 28.5 billion in exports of agricultural products in 2018. At the same time, in 2020, Russia’s total imports of agricultural products recorded USD 29.7 billion, which also enabled Russia to achieve a surplus in agricultural trade for the first time. , Two years earlier than Russian President Vladimir Putin’s previous estimate. China has become the largest buyer of Russian agricultural exports. Gao Feng, spokesperson of the Ministry of Commerce, said at a regular press conference that the volume of Sino-Russian agricultural trade in 2020 5.55 billion U.S. ...
Source: Ciie
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