Russia's export of agricultural products to allied countries has increased by 25%, reaching new records and markets.

In 2023, Russia deepened cooperation with its allies, increasing the export of goods to these countries by 25%. This was announced by Dmitry Krasnov, the head of the "Agroexport" center, during the strategic session "Russian Agroexport 2023-2024: Trends, Challenges, and New Opportunities," as reported by Interfax.

"We shifted our focus to them, which allowed us to increase deliveries even to those countries that had not previously purchased our products. Agricultural product exports to allied countries grew by 25% in 2023. The share of these countries in the total volume of agricultural exports reached 87%. Exports to China increased by 58%, to Egypt by 19%, and to India by 56%," said Krasnov, adding that Russia's agro-industrial complex exports products to 150 countries around the world.

The head of the center also noted that geographical diversification makes exports more sustainable. In particular, exports to Indonesia increased by 5.3 times, to Mexico by 4.3 times, to Brazil by 3.8 times. Exports to Tanzania grew by 14 times, to Kenya by 4 times. "Vanuatu has become a new market for us," he added.

Krasnov also reported that in 2023, products from the Russian agro-industrial complex began to be exported to 14 new countries.

Noting that the main driver of export growth this year was grain crops, the head of the center reported that in the first 11 months of 2023, their foreign shipments increased by 1.8 times compared to the corresponding period last year. In total, nearly 50 million tons of wheat were shipped – 1.7 times more. Barley exports reached 7 million tons, increasing by 2.3 times. "Iran and Saudi Arabia became the main buyers of Russian barley, with Saudi purchases increasing by 2.6 times. We managed to surpass Australian barley in the Saudi market," he said.

Krasnov also mentioned that corn exports increased by 2.1 times, reaching 6 million tons, with shipments to Saudi Arabia, Qatar, and Morocco starting.

According to Krasnov, increasing the capacity of grain infrastructure has been an important component of export growth. "If before we could barely export 5 million tons of grain per month, now our capabilities have grown to 6-7 million tons. This indicates a significant potential for the development of grain exports," he emphasized.