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Russian Food Export Exceeds Import for the First Time in 2020

Pubtime:2021-03-15Author:Source: Hits:

Oksana Lut, undersecretary of Russian Ministry of Agriculture said Russia became the net exporter of agricultural products and food in 2020. This is the first time for Russian agricultural products’ export to exceed import in modern history.

Lut said in the parliamentary hearing held in the State Duma, “our import volume in 2013 is USD43 billion, and we imported agricultural products worth of USD29.8 billion last year. Therefore, 2020 is the first year for Russia to realize foreign trade surplus. In this year, our agricultural products export volume exceeds import volume for the first time in history.”