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Russia once again ranks among top 20 agricultural exporters

The Russian Federation was ranked 17th among the top 20 world’s largest food exporters in 2022. This was reported by the Federal Center for the Development of Export of Agricultural Products of the Russian Ministry of Agriculture (FGBI “Agroexport”) with reference to ITC Trade Map data.

Russia once again ranks among top 20 agricultural exporters
Photo by Alexander Plonsky /V&L

According to the experts, Russia showed the biggest growth in agricultural exports among the top 20 countries, increasing its overseas supplies by 2.5% over the past 10 years.

Global agricultural exports set a new record by exceeding $2 trillion in 2022. The value of global food exports increased by 7.4% compared to 2021.

Russian agricultural exports increased by 12% compared to 2021, reaching $41.6 billion. This includes revenue from Russian meat supplies to foreign markets, which surged by 23%. At the same time, fish and seafood shipments decreased by 12% compared to 2021, and dairy products decreased by 1.9%.

The USA keeps being the largest exporter of agricultural products, with a 9.1% increase in sales to foreign markets to $193 billion. Brazil moved up to second place, with shipments increasing by 35% to $135 billion. The third position is taken by the Netherlands (+1.6%, $121 billion). Germany and China also made it into the top 5 global exporters.

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English version, 1 Jul 2023 00:36
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