Russia has increased its export and reduced imports of agricultural products

According to the Minister of Agriculture of the Russian Federation Alexander Tkachev, for the first nine months of 2016th Russia increased export of agricultural products by 5% to $ 10 billion, and reduced imports by 10% to $5 billion.

Reduce of import is largely due to the increase in domestic production of meat, fish, and cheese, and increased exports – from high wheat harvest and sunflower oil production.

Alexander Tkachev predicts that the volumes of exports and imports of agricultural products in Russia will be equal in 2020, and will reach $ 22 billion.

17.11.2016