World meat industry news

All news / Russian agricultural export down 15% y/y

  • 03 Feb 2022, 10:42

Since the start of 2022 and as of January 23, Russia exported agricultural products at the general sum of 1.595 bln USD, down 15% y/y, informed Agroexport Center at the Ministry of Agriculture of Russia.

Particularly, Russia decreased export of grain by 48% to 379 mln USD, while the export of fat&oil products increased by 19% to 437 mln USD, products of food and processing industry up by 23% to 187 mln USD, meat and dairy products up by 15% to 71 mln USD.

The EU remained the leading importer of Russian agricultural products (18.8% in the overall structure). It increased import of Russian products by 46% to 300 mln USD. Supplies to Turkey (13.4%) decreased by 31% to 214 mln USD. The export to China (11.3%) decreased by 59% to180 mln USD.

TOP-10 importers of Russian agricultural products included South Korea (8.9%), Egypt (8.5%), Saudi Arabia (3.6%), Ukraine (3.3%), Uzbekistan (3%), Norway (2.9%) and Algeria (2.7%).