“We rate the Asian region as one of the most promising markets,” said Russian Agriculture Minister Alexander Tkachev at the close of the 43rd International Food and Beverage Exhibition, FoodEx Japan 2018, at Makuhari Messe earlier this month.
The biggest importers of Russian food in Asia are China, Indonesia, South Korea, India, Vietnam and Japan.
Russia’s key exports to those countries are fish, grain, vegetable oils and fats, including soybean, sunflower-seed and rape oil, soybeans, chocolates and confectionery, meat and poultry.
Russian wines are gaining popularity in Asia too: Russia’s big winery Fanagoria has concluded a contract for supply of its wines to Japan at the food and beverage exhibition at Makuhari.Source: agrobook.ru
The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade.
Trade turnover between Russia and Germany increased 8.4% and reached nearly ˆ62 billion ($70 billion) in 2018 compared to previous year.
In 2018 Russia’s meat export amounted to 288.5 thous. t, it is a 21% increase compared to 2017.
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya