according to the results of 2022, Russia again entered the top 20 world agricultural exporters

At the end of 2022, the Russian Federation again entered the top 20 global agricultural exporters, according to ITC Trade Map data. An increase in the share in world exports from 1.9% to 2.1% allowed the country to rise from 18th to 17th place in the ranking. In monetary terms, at the end of the year, Russian exports of agricultural products grew by 12%, to $41.6 billion. Among the largest buyers of Russian food are China (12.3%), Turkey (12.2%), Kazakhstan (8.2%) , Belarus (6.7%), South Korea (5.6%) and Egypt (5.3%).

Grains remain the main agricultural export product of the Russian Federation: their share in exports has remained virtually unchanged in recent years (slight fluctuations are associated with changes in crop volumes) – Russia earned more than $13 billion from their exports last year. Oil and fat products become another driver of exports (see chart). ), whose share in total supplies increased from 15.6% in 2019 to 22% in 2022. It should be noted that the growth in demand for Russian agricultural products is partly explained by the decrease in Ukrainian exports caused by the military operation of the Russian Federation. The shares of other components in the overall structure of exports either remain virtually unchanged (for example, the share of meat and dairy products in exports in 2019 was 3.4%, and in 2022 – 4%), or decrease (the share of fish decreased most noticeably – from 22% in 2019 to 14% in 2022).

As follows from the ITC Trade Map data, global food exports in 2022 also updated the record, exceeding $2 trillion, which is 7.4% more than in 2021. The top 20 countries accounted for 69.8% of exports of agricultural products (67.9% in 2021). The United States remains the leader in the rating of agricultural exporters, where sales to foreign markets over the past year increased by 9.1%, to $193 billion. Brazil rose to second place, increasing shipments by 35%, to $135 billion. The Netherlands dropped from second place to third, increasing the export of agricultural products by 1.6%, to $121 billion. The top five exporters also included Germany and China, which overtook France.

Among the largest buyers of food, the United States also occupies the first place: the volume of agricultural imports for 2022 increased by 15%, to $233 billion. China retains the second place ($224 billion, an increase of 7.2% over the past year). It is followed by Germany ($117 billion, up 3.7%), the Netherlands ($84 billion, up 5.6%) and Japan ($83 billion, up 8.6%).

Christina Borovikova