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All news / The volume of deliveries of Russian agricultural products to the Asia-Pacific region exceeded $8 billion in 2022

  • 30 May 2023, 10:07

Russia is increasing the volume of supplies of agricultural products to the countries of the Asia-Pacific Region (APR), in 2022 the figure exceeded $8 billion, Deputy Minister of Agriculture of the Russian Federation Sergey Levin announced this during the session "The Far East is a reliable supplier of agricultural products to the APR countries" of Amurexpoforum ". The geography of Russian exports covers about 160 countries, the leading partners are China, Turkey, the Republic of Korea, and Kazakhstan.

"In the Asia-Pacific region, the demand for high-quality agricultural products and food is increasing: meat, dairy products, confectionery products. As a result, the region is the largest consumer of agricultural products and food in the world. Our deliveries of products to the Asia-Pacific region are growing steadily. Last year they exceeded $8 billion, which is 10 % more than the level of the previous year, this year the growth of exports is also maintained and even accelerated," Sergey Levin said.

He specified that the volume of exports, compared to the same period in 2022, increased by more than 30%. The largest buyers in the Asia-Pacific region are China, South Korea, Japan, and Vietnam. "I would like to note that countries such as Vietnam and China will actively increase food imports in the coming years, driven by urbanization and outpacing growth in household incomes. China, for example, has almost doubled its food imports over the past five years," he said. Sergey Levin, adding that the country is a key partner in the field of agricultural trade, in 2022, the supply of products there exceeded $5 billion.

He also said that Russia is among the 20 largest exporters of agricultural products and food in the world. In 2022, Russian agricultural exports exceeded $41 billion, which is about 12% more than in 2021. Grain products are mainly exported, in particular, wheat, oil and fat products, fish products, seafood, products of the food processing industry. The geography of Russian exports covers about 160 countries, the leading partners are China, Turkey, the Republic of Korea, and Kazakhstan.