Russia doubles the supply of agricultural products to Brazil in 2021

Published 2021년 10월 11일

Tridge summary

From January to September 2021, Russia's agricultural exports to Brazil increased twice as much as in 2020, amounting to USD 74.1 million with a 40% rise in quantity. The increase was primarily driven by the flour and cereals industry, with significant increases in unroasted malt and wheat gluten supplies. Russia's flour and cereal products ranked it among the top three suppliers, behind Argentina and Uruguay. Wheat exports from Russia to Brazil have continued for the second month in a row, contributing to Russia's rise in the agricultural export rankings from 30th place in 2020 to 19th place in 2021.

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

Original content

From January to September, exports in monetary terms amounted to USD 74.1 million According to the statistics portal ComexStat of the Brazilian Ministry of Economy, from January to September 2021, Russia supplied to Brazil agricultural products in the amount of 74.1 million US dollars, which is 2.2 times more than in the same period of 2020 (33.3 million USD). In quantitative terms, exports increased by more than 40%: from 129 thousand tons to 184.1 thousand tons, the press service of Agroexport reported. For the period from January to September 2021, the main drivers of growth in Russian exports to Brazil were the supply of products from the flour and cereals industry and various food products. Thus, supplies of unroasted malt increased almost 6 times in quantitative terms (from 26 thousand tons to 150.3 thousand tons), supplies of wheat gluten increased 3.5 times (from 213 tons to 735.1 tons). In the first 9 months of 2021, Russia exported 151.5 thousand tons of flour and cereal ...

Source: Specagro