Russian agricultural exports to Latvia grew by 64% in Q1
Russia
Latvia
Published Apr 30, 2021
Tridge summary
In the first three months of 2021, Russia exported agricultural products worth $ 197 million to Latvia, which is 64% more than the same period last year. In physical terms, supplies increased by 40% to 751 thousand tons. Thanks to such significant dynamics, Latvia has entered the top 10 buyers of Russian food products this year. Thus, according to the results of the first quarter, Latvia took 7th place among buyers of wheat and 4th among importers of corn from Russia.
Original content
During this period, 298 thousand tons of grain worth $ 72 million were shipped to the Baltic state, corn - 96 thousand tons for $ 22 million.In the first quarter of last year, supplies of wheat and corn amounted to only 6.3 thousand tons and 6 thousand tons respectively. In 2020, meal and cake, which occupied the 1st place in the structure of Russian agricultural exports to Latvia, at the beginning of 2021 dropped to 2nd place with a volume of 168 thousand tons (-10%) in the amount of 42 million dollars (+ 28% ). The export of beet pulp to Latvia decreased by 41% to 98 thousand tons in physical terms and by 13% to $ 19 million in value. In recent years, Latvia has been the largest buyer of sugar beet pulp in Russia and, despite the decline, this year retains its leading position. Also, Latvia is the leading destination for the supply of malt from Russia. During the calculated period, malt exports to Latvia increased 8 times to 39 thousand tons by 15 million dollars. Latvia is the ...
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