Russian agricultural exports to Africa rise by quarter in 2023 — Agriculture Ministry
Business & Economy
June 06, 20:41
Russian Deputy Minister of Agriculture Sergey Levin noted that Africa is becoming an increasingly important trading partner for Russia
ST. PETERSBURG, June 6. /TASS/. Exports of agricultural products from Russia to Africa in 2023 increased by a quarter year-on-year and amounted to around $6 bln, Russian Deputy Minister of Agriculture Sergey Levin said at the St. Petersburg International Economic Forum (SPIEF).
"Over the past year, our exports to Africa grew by a quarter, and almost reached $6 bln, including 80% of wheat. The interesting thing here is that we are also increasing food purchases in Africa and over last year we have already crossed the level of $2.1 bln," Levin said.
According to him, Africa is becoming an increasingly important trading partner for Russia.