Revenue from exports of agricultural products from Russia exceeded $45 billion for the first time in 2023 TASS Referring to the words of the Minister of Agriculture of the Russian Federation Dmitry Patrushev.
According to him, based on the results of additional calculations, the figure will be even higher. The minister noted that high production volumes allowed Russia to confirm its status as a net exporter of agricultural products.
While the income from the export of agricultural products from Russia in 2022 amounted to approximately 41.7 billion dollars, this figure was expected to increase to 45 billion dollars by 2024, according to President Vladimir Putin’s decree.
Thus, the set target was reached in 2023. According to the estimates of the Ministry of Agriculture, income from agricultural exports last year may increase based on the results of additional calculations.
Before that, the Federal State Budgetary Institution of the Ministry of Agriculture of Russia “Agroexport” started Analysis of the new US Congress bill aimed at reducing dependence on Russian agricultural products. The bill provides support for investment in projects that reduce dependence on the Russian agricultural sector, including grain supplies.
Previously in Russia acquired Duty-free import of chicken meat.