Russia’s agricultural exports rise 2.6-fold in 10 years of food embargo
It is noted that the dynamic development of the Russian agro-industrial complex is the result of systematic decisions of the state to protect and support Russian producers, as well as to boost certain sectors.
Russia has increased agricultural exports by 2.6-fold in 10 years of food embargo, while agricultural production growth amounted to 33.2%, the press service of the Russian Ministry of Agriculture told TASS.
In August 2014, Russian President Vladimir Putin imposed a food embargo, banning the supply of meat and dairy products, fish, fruits and nuts from the United States, the European Union, Canada, Australia, and Norway.
"This period became a milestone for the Russian agro-industrial complex, which showed significant growth in production, widespread introduction of advanced technologies, and ensured our country's leadership in the global food market in many key areas," the Agriculture Ministry said.
Thus, for 2014-2023, the actual growth of agricultural production amounted to 33.2%, for food products - 42.9%. At the same time, agricultural exports increased by 2.6-fold in 10 years and by the end of 2023 will amount to $43.5 bln, compared to $17.1 bln in 2013. "Today, Russia exports food to more than 160 countries and is the world leader in the supply of wheat, peas, barley, oilseed flax, frozen fish, and occupies a leading position in sunflower oil and a number of other products," the ministry said.
The Ministry noted that the dynamic development of the Russian agro-industrial complex is the result of systematic decisions of the state to protect and support Russian producers, as well as to boost certain sectors. In particular, funding for the activities of the State Program for Agricultural Development has increased 2.2-fold, from 198.1 bln rubles ($2.26 bln) in 2013 to 442.6 bln rubles ($5.06 bln) in 2023.
"Achieving self-sufficiency in many respects made it possible to change the development model of the agro-industrial complex from import-substitution to export-oriented. In 2013, our country imported 2.5-fold more food than it delivered to other countries. At the same time, since 2020 Russia has been a net exporter of food - exports exceed imports, and the gap between the indicators is growing annually. Thus, according to the results of 2023, deliveries to foreign markets were 24% higher than the volume of purchases from abroad," the Ministry of Agriculture added.
According to Minister of Agriculture Oksana Lut, the recent trends represent Russia's course towards intensive development of the agricultural sector and strengthening its position as a guarantor of global food security.
"Today, we not only set ourselves with the widest range of basic food products, but also have one of the most competitive, flexible, and technological markets in the world. Russian companies are able to produce almost anything and adapt to any external conditions - this was well demonstrated by the situation in 2022-2023, when a number of foreign brands left the country. As in 2014, the vacated places were quickly occupied by local companies and consumers did not feel any changes," Luth commented.
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Russia has increased agricultural exports by 2.6-fold in 10 years of food embargo, while agricultural production growth amounted to 33.2%, the press service of the Russian Ministry of Agriculture told TASS.
In August 2014, Russian President Vladimir Putin imposed a food embargo, banning the supply of meat and dairy products, fish, fruits and nuts from the United States, the European Union, Canada, Australia, and Norway.
"This period became a milestone for the Russian agro-industrial complex, which showed significant growth in production, widespread introduction of advanced technologies, and ensured our country's leadership in the global food market in many key areas," the Agriculture Ministry said.
Thus, for 2014-2023, the actual growth of agricultural production amounted to 33.2%, for food products - 42.9%. At the same time, agricultural exports increased by 2.6-fold in 10 years and by the end of 2023 will amount to $43.5 bln, compared to $17.1 bln in 2013. "Today, Russia exports food to more than 160 countries and is the world leader in the supply of wheat, peas, barley, oilseed flax, frozen fish, and occupies a leading position in sunflower oil and a number of other products," the ministry said.
The Ministry noted that the dynamic development of the Russian agro-industrial complex is the result of systematic decisions of the state to protect and support Russian producers, as well as to boost certain sectors. In particular, funding for the activities of the State Program for Agricultural Development has increased 2.2-fold, from 198.1 bln rubles ($2.26 bln) in 2013 to 442.6 bln rubles ($5.06 bln) in 2023.
"Achieving self-sufficiency in many respects made it possible to change the development model of the agro-industrial complex from import-substitution to export-oriented. In 2013, our country imported 2.5-fold more food than it delivered to other countries. At the same time, since 2020 Russia has been a net exporter of food - exports exceed imports, and the gap between the indicators is growing annually. Thus, according to the results of 2023, deliveries to foreign markets were 24% higher than the volume of purchases from abroad," the Ministry of Agriculture added.
According to Minister of Agriculture Oksana Lut, the recent trends represent Russia's course towards intensive development of the agricultural sector and strengthening its position as a guarantor of global food security.
"Today, we not only set ourselves with the widest range of basic food products, but also have one of the most competitive, flexible, and technological markets in the world. Russian companies are able to produce almost anything and adapt to any external conditions - this was well demonstrated by the situation in 2022-2023, when a number of foreign brands left the country. As in 2014, the vacated places were quickly occupied by local companies and consumers did not feel any changes," Luth commented.
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