Russia plans to export $28 billion worth of agricultural products this year
2021-06-17 11:59

Russia plans to export $28 billion worth of agricultural products this year

Exports of agro-industrial products this year is planned at $28 billion, Russian Agriculture Minister Dmitry Patrushev said.

"This year's export target will increase from $26 billion to $28 billion," he said.

The head of the ministry reminded that last year's volume of foreign shipments increased by about 20% and reached $30.5 billion. Such figures exceeded the set plan and for the first time Russian agricultural exports exceeded imports.

Almost all sectors of the agro-industrial complex showed growth in 2020 with the exception of the fishing industry, where exports declined. Patrushev attributed this to the pandemic and added that the authorities are now negotiating with China, which is a key importer, to level out the situation, and alternative sales channels are being opened.

"Strengthening the position of the Russian agribusiness abroad will also be helped by the development of a network of agrozattaches. Some of them have already started their duties. We plan that by the end of the year our representatives will appear in 39 countries," the minister said, adding that agrarians should increase exports of products with high added value. Last year it accounted for 15% in the structure of exports. The potential in this direction, according to Patrushev, is "more impressive".

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Author: Ksenia Gustova