The volume of bilateral food trade between Russia and the Gulf countries exceeded 1.6 billion dollars in 2023. This figure has increased 1.7 times in the last five years. These statistics were shared by the Minister of Agriculture of the Russian Federation Dmitry Patrushev. Quoted TASS.
“Russia is systematically increasing supplies of grain, vegetable oils, confectionery, meat, dairy products and other types of products,” the head of the Ministry of Agriculture said.
Saudi Arabia remains the main buyer of Russian food. Supply is increasing in Kuwait, Bahrain and Qatar.
There is also an increase in demand in the UAE. Thus, the country imported about $180 million worth of Russian grain last year, which is 2.7 times more than in 2022. Sunflower oil supply increased 2.2 times to 6.7 million dollars.
According to Patrushev, the Middle East has become more interested in Russian halal products. There is also great potential in dairy products and soft drink exports.
previous day recognized It’s about the record trade turnover between Russia and India.
Previously reportedRecord exports in 2023 did not save the Russian Federation from excessive grain production.