For the first seven months of this year the Republic of Ingushetia’s export has stood at $532.6 thous.
The Republic has exported goods to Armenia (48%), Georgia (42%) and Kazakhstan (10%).
The structure of goods exported by the Republic has been as follows:
- Wheat and meslin (44%);
- Corn (20%);
- Iron or non-alloy steel rods (12%);
- Rock drilling or earth boring tools (10%);
- Sunflower seeds (4%);
- Ferrous waste and scrap (4%);
- Iron hot-rolled rods in wound coils (3%);
- Petroleum gases, liquefied (2%);
- Coriander seeds (0.6%);
- Ferrous articles of square or rectangular cross-section (0.4%).
The Republic of Ingushetia has exported rock drilling or earth boring tools to Kazakhstan, coriander seeds, wheat and meslin, corn, liquefied petroleum gases, ferrous waste and scrap to Georgia.Armenia has imported from the Republic wheat and meslin, sunflower seeds, iron hot-rolled rods in wound coils, iron or non-alloy steel rods, and ferrous articles of square or rectangular cross-section.
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.
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