Russia’s agroexport may reach $30 bln in 2021

Russia’s agroexport may reach $30 bln in 2021

The volume of Russian agricultural exports by the end of 2021 could reach $ 30 bln, Deputy Prime Minister Victoria Abramchenko said.

"I hope this level will be met — at the level of $30 bln," TASS cited her as saying.

According to the Deputy Prime Minister, the main task is to provide the domestic market with food and only then strive for export markets. So, Russia can expand the geography of supplies, mainly due to the Asian direction, ensure the promotion of domestic brands in the world market, strengthen the positions of our exporting companies, Abramchenko said.

"Those directions of development of the agro-industrial complex, which we discussed in the country's development strategy until 2030, will allow attracting at least 950 bln rubles of additional investments in the industry, creating over 400,000 jobs," the Deputy Prime Minister said.

In 2020, the export of the agro-industrial complex from Russia reached $30.5 bln (+20% by 2019).

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