News

Russia doubles agricultural exports to Turkmenistan in 2020

Russia
Turkmenistan
Published Mar 25, 2021

Tridge summary

According to the FCS, in 2020 Russia supplied 219 thousand tons of agricultural products to Turkmenistan, which is 2.8 times more than in 2019. In value terms, exports increased by 92% to 142 million dollars. In 2020, the leading position of Russian agricultural exports to Turkmenistan was sunflower oil. Its shipments grew in physical volume 2.6 times to 38 thousand tons, in monetary terms - 2.9 times to $ 37 million.

Original content

According to the FCS, in 2020 Russia supplied 219 thousand tons of agricultural products to Turkmenistan, which is 2.8 times more than in 2019. In value terms, exports increased by 92% to 142 million dollars. In 2020, the leading position of Russian agricultural exports to Turkmenistan was sunflower oil. Its shipments increased in physical volume 2.6 times to 38 thousand tons, in money - 2.9 times to 37 million dollars. There was an increase in the supply of bottled sunflower oil, says Mikhail Maltsev, executive director of the Oil and Fat Union of Russia. “During the pandemic, in general, there was an increase in purchases of vegetable oil. Last year, Turkmen trading companies expressed interest in supplying Russian sunflower oil on an ongoing basis, and many of our oil and fat enterprises responded to this proposal, "Maltsev commented to Agroexport. The supply of confectionery products showed an increase of 11% to 5.2 thousand tons in physical terms and by 4.8% to $ 11 million ...
Source: Aemcx
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