Russia exported agricultural products to 160 countries in 2022

The total volume of exports of agricultural products of the Russian Federation at the end of 2022 amounted to $41.6 billion, exceeding the figure for 2021 by 12.2%. China ranked first among the leading importers of Russian agricultural products at the end of the year ($5.1 billion), Turkey came in second with almost the same volume of supplies. This is followed by Kazakhstan ($3.4 billion), Belarus ($2.8 billion) and the Republic of Korea ($2.3 billion).

According to experts, the largest share in the value of 2022 is traditionally occupied by grain exports (32.3%). This is followed by oil and fat products (21.9%) and other agricultural products (14.6%), fish and seafood (14.2%), food and processing industry products (12.7%). Compared to 2021, the largest increase in export earnings is observed in the products of the oil and fat industry (an increase of 24.7%), other agricultural products (an increase of 23.4%), and the grain industry (an increase of 17.6%).

The cumulative average annual growth rate of exports of Russian agro-industrial complex products in the period from 2018 to 2022 amounted to about 13%: fat and oil products demonstrated the highest rate (growth by 30%), the second place was taken by the meat and dairy industry (growth by 29%), other agricultural products also showed a noticeable increase (by 22%).