Russian agroexport to Sudan grew by 20% in 2020

Published 2020년 10월 1일

Tridge summary

From January to August of this year, Russia significantly increased its agricultural exports to Sudan, with wheat supplies rising by 22% to 700 thousand tons valued at $148 million, and sunflower oil exports experiencing a 24% increase to 43 thousand tons worth $30 million. Despite these growth figures, Sudan's trade balance for food products remains in deficit as the country relies heavily on imports for basic agricultural products. Currently, Russia is the primary supplier of wheat and sunflower oil to Sudan, though India leads in overall agricultural product exports to the country, predominantly through sugar. There is potential for Russia to double its exports to Sudan across a range of products, including wheat flour, sugar, yeast, rice, and sugar confectionery, as per the Federal Center "Agroexport."

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

Original content

The bulk of this volume comes from wheat. In January-August, Russia supplied to the North African country more than 700 thousand tons of cereal (+ 22%) in the amount of $ 148 million (+ 18%). In addition, 43 thousand tons of sunflower oil worth $ 30 million were shipped to the Sudanese market. Compared to last year, the export volume of the product increased by 24% in physical terms and by 34% in value. Sudan is one of the traditional buyers of Russian sunflower oil, and since 2017 it has been in the top 5 largest buyers of Russian wheat. For Sudan, in turn, Russia is the main supplier of wheat with a share of about 45% at the end of 2019 and sunflower oil with a share of 97%. In addition to Russia, Sudan imports wheat from Romania, Germany, Lithuania and Estonia, sunflower oil from Turkey, Spain and Hungary. Agriculture is one of the most important industries in the Sudanese economy and has grown in importance since the secession of South Sudan in 2011. If in 2011 the share of ...

Source: Dairy