News

The European Union ousted China from the first place in the import of food from Russia

Frozen Crab
Seafood
Published Feb 23, 2022

Tridge summary

By the end of 2021, the European Union overtook China in terms of purchases of Russian food. The growth of exports to the EU was provided primarily by the rise in price of crabs and grain. Deliveries to China sank due to the closure of ports for Russian fish. The countries of the European Union became the largest buyer of Russian food in 2021, according to the data of the federal center Agroexport (available from RBC).

Original content

Last year, the EU bought $4.7 billion worth of agro-industrial products from Russia, which is 41% more than in 2020, and displaced China from the first line of the former leader. Russian food deliveries there in 2021 fell by 12%, to $3.5 billion. At the end of the year, China took only third place, leaving behind Turkey, which increased purchases of Russian agricultural products by 38%, to $4.3 billion. In monetary terms Russian agro-industrial exports set a new record in 2021 — it grew by more than 23% compared to the previous year, which, in turn, was also a record. If in 2020 Russia exported agricultural products worth $30.6 billion, then in 2021 it will already be worth $37.7 billion. .1 million tons of products in 2021 against 78.9 million tons in 2020. The main article of Russian food exports is grain: in 2021, it was sent abroad for $11.4 billion (plus 12% by 2020). In second place is fish and seafood ($7.3 billion; +37%). Last year, Russia supplied oil and fat products ...
Source: Milknews
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.