Russia’s exports to Kuwait quadrupled

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At the end of the third quarter of 2023, exports from Russia to Kuwait increased almost fourfold compared to the April-June period, reaching 1.6 billion rubles. writes about this RIA News.

Alexander Daniltsev, director of the Trade Policy Institute of the Higher School of Economics of the National Research University, said that the main part of supplies in this direction falls on agricultural products, in particular grain, as well as metallurgy. But he added that in general, the Russian Federation’s share in Kuwait’s exports and imports is still small.

According to the expert, food products and engineering products can also be promising export destinations. At the same time, Russia can purchase chemical products from Kuwait, as well as products from the automotive industry.

In July – September, Russia entered the top 5 in terms of growth in imports of goods from the Arab Emirates. The supply volume during the period increased by 6.5 times to 49.13 million rubles.

previous day reportedWheat supplies passing through the Suez Canal have fallen by 40% in the past two weeks, he said.

Previously in France warned about the possibility of the capture of the grain market by Russia.

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