Food exports from Russia keep surging as Turkey and Europe ramp up purchases
In 2021, exports of agricultural products from the country reportedly amounted to more than $20.5 billion as of September 5, marking growth of 17.2% compared to the same period a year ago.
Grain exports within the specified period grew by 13.4% as Russian farmers sold more than $6.185 billion worth abroad, while sales in the fat-and-oil sector surged 43.9% to $4.531 billion. Exports of meat and dairy products rose 26.5% to $927 million.Also on rt.com Russia’s Crimea looks to African markets for agricultural trade
At the same time, exports of fish and seafood saw a modest increase of 7% and totaled $3.492 billion, while foreign sales of food and pharmaceutical industry products amounted to $927 million, marking substantial growth of 26.5%.
Turkey and the EU were the biggest importers of Russian agricultural goods during this time, accounting for 12.8% and 11.8% of its total exports, respectively. Turkey increased its purchases of Russian food products by 32.8% to $2.619 billon, while exports to Europe surged 30.8% to $2.427 billion.Also on rt.com Russia’s agricultural growth will curb rising domestic food prices – Putin
Meanwhile, exports to China, the third-biggest buyer, dropped 7.1% to $2.343 billion, accounting for 11.4% of Russia’s total foreign sales.
South Korea, Kazakhstan, Egypt, Belarus, Ukraine, Uzbekistan and Saudi Arabia also entered the top 10 of the largest buyers of Russian agricultural goods.
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