Exports of agricultural products from Russia in 2024 are expected to grow by 10-11%, according to the Minister of Agriculture. However, the value of the products lags behind.
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Exports of agricultural products from Russia in 2024 are expected to grow by 10-11%, according to the Minister of Agriculture. However, the value of the products lags behind.

The Minister of Agriculture has announced plans to increase agricultural exports by 10-11% in 2024. However, due to the decrease in prices for products, cost indicators are lagging behind. Lut expressed confidence in the further successful development of the industry.

24 August 2024 24 August 2024

The Minister of Agriculture, Oksana Lut, informed journalists that the physical volume of Russia's agro-industrial products export in 2024 will exceed last year's figures by 10-11%. However, in terms of value, there is a lag observed.

Lut noted that we have already exceeded last year's export volume by 10-11% and continue to develop quite successfully. However, due to a significant decrease in prices for raw materials and processed products, including oil and meat, the total monetary indicators do not yet meet expectations. According to Lut, we will continue to develop at the same pace and maintain the current dynamics.

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