Export of Russian pork increased by 40%

Total exports of pig products in the first half of the year are estimated to have increased by 35-40%, which is partly due to the reduced base of the first half of last year. However, if current trends continue and in the absence of global shocks, pork exports are at the level of 220-230 thousand tons in 2023 ($450 million in monetary terms).

The main reason for the growth of pork exports is the improvement of the situation on the world market and the weakening of the national currency. Among the observed trends is the continued growth of pork supplies to Belarus, as well as the resumption of exports to Vietnam .

Thus, pork supplies to Belarus increased by 21% in 2023. Deliveries to Vietnam have almost doubled. Also increase the share of meat in the supply structure. Pork meat now accounts for almost 75% of the supply, although 2-3 years ago the share of meat was only 2/3. The rest is offal. Thus, not only the growth of supply volumes is ensured, but also the growth of cost.