The Ministry of Agriculture sees Russia in the top 10 global exporters of agricultural products by 2030

Published Dec 13, 2024

Tridge summary

Russia aims to become one of the top ten agricultural exporters by 2030, as stated by Deputy Minister of Agriculture Sergei Levin. The country's current export volume places it in 16th place, but there is a goal to increase exports to over $55 billion by 2030. This will require a shift from raw materials to highly processed products and further diversification of exports. There has been growth in the export of dairy, meat, beverages, flour, pasta, and processed fruit and vegetable products. To achieve its goal, Russia plans to restructure production and business processes, increase the efficiency of export activities, and promote individual brands.

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Original content

By 2030, Russia has a chance to become one of the top ten exporters of agricultural products, but to do this, it is necessary to diversify supplies and move away from raw materials to highly processed products. This was announced by Deputy Minister of Agriculture of the Russian Federation Sergei Levin during the annual strategic session "Russian Agroexport". "In December of this year, the first six-year cycle of the federal project "Export of Agricultural Products" ends. Now the president has set a new task for us - to increase the volume of exports to more than 55 billion dollars by 2030, which will allow Russia to enter the top ten largest food exporters. The goal is ambitious, but quite achievable," said Sergei Levin. According to estimates by the federal center "Agroexport" under the Ministry of Agriculture, Russia, with a volume of supplies of agricultural products in 2023 of 43.5 billion dollars, was in 16th place among exporting countries. The top ten included the United ...

Source: Oilworld