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Published by A. Melkadze, Nov 6, 2023
Cereals and legumes were the most exported agricultural commodity from Russia, amounting to over 11.4 billion U.S. dollars in 2021. Fats and oils followed, with nearly 7.3 billion U.S. dollars worth of those commodities exported from the country over the same period.
Annual export value of food and agricultural products from Russia in 2021, by type (in million U.S. dollars)
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Source
Release date
September 2022
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Region
Russia
Survey time period
2021
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The article you've shared delves into the agricultural export landscape of Russia, specifically discussing the values and types of food and agricultural products exported from the country in 2021. The data encompasses various commodities, with cereals, legumes, fats, and oils being the primary exports, totaling billions of dollars in value.
Discussing this content demonstrates a grasp of global agricultural trade dynamics, a deep understanding of Russia's export trends, and the significance of food and agricultural products in international markets. The statistics highlight Russia's pivotal role in supplying certain food items to the global market.
The content touches upon several pertinent concepts:
-
Agricultural Exports: Understanding the export dynamics of agricultural products, their values, and the significant categories exported by a country (Russia, in this case).
-
Global Trade Dynamics: Recognizing the broader implications of agricultural exports on the global market, including supply chain dependencies, market fluctuations, and economic impacts.
-
Industry Insights: Grasping the importance of specific agricultural commodities like cereals, legumes, fats, and oils, and their role in sustaining global food supply chains.
This information provides insights into the intricate web of international trade, the economic significance of agricultural exports, and the specific products that drive a country's trade revenue in this sector.