Russia: Ministry of Agriculture forecasted some decline in the exports of agricultural products in 2019

Source

APK-Inform

8070

The Ministry of Agriculture of the Russian Federation expected for some reduction of the exports of agricultural products in 2019 to 24 bln USD, due to the similar decrease in grain exports, forecasted the Minister of Agriculture, Dmitry Patrushev on May 24.

Within frames of the project design "Exports of agricultural products", in 2019 the target figures total 24 bln USD. The export volumes will decline, due to decreasing of grain exports compared with 2018, in terms of the lower harvest volumes in 2018 relative to the record harvest in 2017, the Minister explained.

According to preliminary figures, for the first four months of 2019 Russia already exported agricultural products at the sum of 7.2 bln USD, including 35% of grain crops.

At the same time, in 2018 the exports of Russian agricultural products totaled nearly 26 bln USD.

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