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| Food exports from Russia keep surging as Turkey and Europe ramp up purchases | Food exports from Russia keep surging as Turkey and Europe ramp up purchases |
| (about 1 month later) | |
| Russia’s agricultural sector has seen impressive growth in foreign sales this year, according to the latest data published by the Russian Ministry of Agriculture’s AgroExport center. | Russia’s agricultural sector has seen impressive growth in foreign sales this year, according to the latest data published by the Russian Ministry of Agriculture’s AgroExport center. |
| 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. | 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. | 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. |
| 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%. | 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. | 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. |
| 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. | 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. | South Korea, Kazakhstan, Egypt, Belarus, Ukraine, Uzbekistan and Saudi Arabia also entered the top 10 of the largest buyers of Russian agricultural goods. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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