Page 79 - RusRPTJul23

Exports to Russia in April 2023 have been significantly impacted by the
ongoing situation. Exports from East and Southeast Asia continue to remain at half or less compared to levels before the invasion. While exports from China and India have been growing since the summer of 2022, India's exports are still below pre-invasion levels, with China maintaining an approximately 20% advantage. Turkey's exports, on the other hand, have declined by about one third from their peak. The situation highlights the continued challenges and disruptions faced by global trade in the region.
5.2.1 Import/export dynamics
Russia was one of the world's twenty biggest food exporters again in 2022, increasing its share to 2.1% and coming in at seventeenth globally, the Agroexport federal centre reports.
"Russia took 17th position among the top providers of food products and agricultural raw materials, having increased its share to 2.1%. At the same time, Russia demonstrated the highest incremental growth of agricultural exports among the top twenty nations over the last decade - by 2.5 times," the center informed.
Russian agricultural exports surged by 12% to $41.6bn as of 2022 year-end. Specifically, revenues soared by 18% for grain export sales, by 25% for oils and fats, by 23% for meat, and by 1.6% for food and processing industry
79 RUSSIA Country Report July 2023 www.intellinews.com