Agricultural exports from Russia in 2020 may exceed $ 25 billion

This year, agro-industrial complex specialists have a chance to increase their share in agricultural exports.

Russia's agricultural exports to the world market could reach $25 billion. This forecast was given by the Rosselkhoznadzor's Center for Industry Expertise.

"The competitiveness of Russian manufacturers has increased dramatically due to the depreciation of the ruble, and additional advantages can be obtained by breaking unnecessarily long global supply chains. Russia is located closer to the markets of the Far and Middle East and Central Asia than most other food exporters," said Andrey Dalnov, Head of the Rosselkhoznadzor's Center for Industry Expertise.

According to the Ministry of Agriculture, agricultural supplies reached $25.5 billion last year, compared with $24 billion in the plan. The target figure for 2020 is 25 billion. At the same time, exports to the agro-industrial complex should reach $45 billion over the next four years.

In March of this year, agricultural exports increased by 30.8 percent compared to a year ago and reached $2.2 billion. At the same time, wheat was sent to the world market by 31 percent more, by $ 677.8 million, fish - by 13 percent ($285.4 million), sunflower oil - by 12 percent ($275.8 million), sunflower - by 5 percent ($120.8 million), corn - by 3 percent (63.7 million dollars).

In addition, the top export products also included sugar, poultry meat and pork, which became noticeable in exports in the last agricultural season.