Russia Sets Record Food Exports Amid Pandemic, Rising Prices

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(The Moscow Times)

For the first time ever, Russia became a net exporter of agricultural products in 2020.

Russia exported a record amount of food supplies in 2020, becoming a net seller of agricultural products for the first time since the collapse of the Soviet Union.

The country sold $30.7 billion worth of agricultural goods abroad last year, news site RBC reported Tuesday, citing a report by AgroExport, a division of Russia’s agricultural ministry. In volume terms, Russian producers shipped 79 million tons of grain, meat, fish, vegetables, dairy and other products around the world. 

Both figures were a record for the post-Soviet era, with earnings jumping 20% on 2019 figures — boosted by a strong harvest in Russia and rising global food prices. With food imports coming in at $29.7 billion according to separate government data, 2020 was also the first year in which Russia was a net exporter of agricultural goods.

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