Since the beginning of the year, the export of Russian dairy products has grown by 11%

Published 2020년 11월 19일

Tridge summary

Russia's dairy exports have seen an 11% increase over the past ten months, reaching $248 million. The exports experienced significant growth in cheeses and cottage cheese, milk, and unsweetened cream. Kazakhstan is the largest buyer, accounting for 40% of the total supply, followed by Ukraine and Belarus. China and non-CIS countries in the Persian Gulf, Southeast Asia, and Africa are emerging markets for Russian dairy products. The Ministry of Agriculture is implementing measures to boost the competitiveness of Russian agricultural producers, such as preferential loans, product certification compensation, and new support mechanisms for agricultural product processing facilities. From 2021, manufacturers of export-oriented agricultural products will also be reimbursed for a portion of lease payments for equipment purchases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For ten months of this year, the export of dairy products from Russia increased by 11% compared to the same period last year and reached $ 248 million (data for the EAEU countries for 9 months of 2020). Positive dynamics, in particular, was shown by the supply of cheeses and cottage cheese, they increased by 13% to $ 71 million. Exports of milk and unsweetened cream increased by 19% to $ 23 million, butter - by 83% to $ 12 million, whey - 2.2 times to $ 8 million. The largest buyer of domestic dairy products is Kazakhstan, which accounts for 40% of the total supply. This year, shipments to the country have grown by 10% to $ 99 million. Exports to Ukraine increased to $ 36 million (+ 14%), Belarus purchased products of this category for $ 35 million (+ 10%). Among non-CIS countries, China stands out, which increased imports to $ 5.3 million (+ 32%). The markets of the Persian Gulf countries, Southeast Asia and Africa are promising in terms of increasing the export of dairy ...
Source: Mcx

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