Russia increases its agricultural exports to Spain by 78%

Published 2021년 3월 2일

Tridge summary

Russian agricultural export company, Agroexport, has reported a significant increase in exports to Spain, particularly in beet pulp which surged by 91% to 190,000 tons, generating $30 million. Spain now stands as the third-largest buyer of beet pulp, following Latvia and the Netherlands. Additionally, Russian legume exports to Spain saw a four-fold increase to 83,000 tons, valued at $18 million. Spain also ranks highly in the purchase of Russian molasses, with a four-time increase to 114,000 tons in 2020. Agroexport anticipates the annual potential increase in exports to Spain to reach between $200- $300 million, with contributions from dried legumes, fish, vegetable pulps, and oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Agroexport, as in 2019, the bulk of exports consisted of beet pulp. “In one year their supplies increased by 91%, to 190,000 tons for 30 million dollars (a growth of almost double). Thus Spain becomes the third country with the largest purchases of beet pulp after Latvia and the Netherlands ”, indicated Agroexport. According to the deputy general manager of the Prodimex group (a major Russian agricultural company), Vadim Yerizhenski, all the tuber pulp obtained during the processing of sugar beet is granulated and marketed by his company. “Previously it was a waste from sugar production (…) and is currently an important export item. Due to its low demand in the domestic market, it is supplied to EU countries, where it is used as feed with high protein content ”, he stated. In addition, Agroexport confirmed a four-fold growth in the export of Russian legumes to the Spanish market, to 83,000 tons for a value of 18 million dollars. Spain ranked second in the purchase of ...

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