OVERVIEW OF THE CIS AGRICULTURE

Agriculture sector plays an important role in Russia’s Economy

 

  • Leading exporter of agricultural products for the global market
  • Based on current market data (as of September 2020), Russia is the:
    • World’s largest exporter of wheat
    • World’s 2nd largest producer of sunflower seeds
    • World’s 3rd largest producer of milk

OPPORTUNITIES FOR GROWTH

  • Sales and exports are expected to increase with new trade opportunities in Southeast Asia and the Middle East
  • Depreciation of the Russian Ruble
  • Climate change is expected to contribute to the growth of Russia’s agriculture industry