Russia maintains status of net food exporter – Patrushev

Published Nov 7, 2024

Tridge summary

Russia has solidified its position as a net exporter of food and agricultural products since 2020, with significant contributions to the global wheat market, supplying one-fourth of it. The country has also boosted its production of cheese, beef, and turkey, aided by food sanctions since 2014 that have strengthened domestic production. In 2022, Russia exported over 100 million tons of agricultural products valued at $43.5 billion, with plans to increase this to over 108 million tons. By 2030, agricultural exports are projected to grow by at least 1.5 times, with production rising by 25% from 2021 levels.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia still maintains the status of a net exporter of food and agricultural products, despite any attempts at unfriendly actions on the part of Western countries. This statement was made by Deputy Prime Minister Dmitry Patrushev at the federal educational marathon "Knowledge. First", TASS reports. Recall that the country acquired this status in 2020. This term means that it supplies more agricultural products abroad than it imports in monetary and/or physical terms. One example, the Deputy Prime Minister named, of course, such a main "weapon" of Russia as wheat. In terms of supplies of this grain, our country is the undisputed world leader - it owns every fourth batch that is sold on the world market. He also recalled the growth in the production of Russian cheese and special beef breeds and the development of its own turkey production from scratch. At the same time, he noted that now the whole world knows about Russian products and how they are distinguished by high quality and ...
Source: Rosng

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