MIL OSI Translation. Region: Russian Federation –
April 7, 2021, 07:04
At the end of 2020, most of the Moscow agro-industrial products were purchased by the United States. Confectionery and products based on flour and milk have become popular products.
In 2020, Moscow exported agricultural products worth $ 49.85 million to the United States of America, Canada and Mexico. This is 7.5 percent higher than the same indicator for 2019. The recorded growth was reported by the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov…
“The most popular products of the agro-industrial complex in the region are chocolate and flour confectionery products, ready-made animal feed, as well as products based on flour and milk. The United States became the main importer of Moscow products in the region, the volume of exports of capital companies to this country at the end of the year amounted to $ 35.33 million, ”he said.
According to the export support and development center Mosprom, in 2020, among the goods exported to the United States, Moscow ice cream was especially in demand. The amount of supplies amounted to 8.23 million dollars, which is almost four times more than at the end of 2019. The Mosprom center notes that such popularity is associated with the high commercial quality of the products, which meets the requirements of American consumers.
In addition, at the end of last year, the volume of supplies of chocolate products to the United States increased by 13 percent in monetary terms. Experts from the Mosprom center explain this by the composition of the product – it contains a lot of cocoa and little sugar. The export of flour confectionery products also increased (by 43.3 percent) and the export of canned fish (by 15.3 percent).
“According to the Mosprom Center, the export of agricultural products to Mexico in 2020 amounted to $ 9.8 million. Canada has become an equally important importer of metropolitan agro-industrial products in the region. In 2020, exports to this country reached $ 4.72 million, an increase of 8.5 percent compared to 2019, ”said the head
Among the goods that have been shipped to Mexico are food additives ($ 0.21 million) and chocolate products ($ 0.18 million). In addition, for the first time in 2020, Moscow sent flour confectionery to Mexico.
Ice cream is the main commodity in trade with Canada. This product has become the hallmark of Moscow’s export of dairy products. Ice cream occupies half of the total export structure of Moscow companies.
“Export of ice cream to Canada in 2020 increased by 7.9 percent and amounted to $ 2.51 million in monetary terms. The expansion of supplies is primarily due to the high quality of the capital’s products and the general popularity of Moscow ice cream in the world, as well as to the reorientation of purchases with an emphasis on a closer geographic location of Russia to Canada in comparison with other agro-industrial Canadian trading partners – the Republic of Korea and Taiwan, ”she said. Natalya Shuvalova, General Director of the Mosprom Center.
In addition to ice cream, according to the Mosprom Center, Canada also imports chocolate products, canned fish and soft drinks from Moscow.
Export Support and Development Center “Mosprom”, subordinate to the city Department of Investment and Industrial Policy, provides individual support for the capital’s industrial export and export of agricultural products.
Center experts analyze target markets for metropolitan manufacturers. Specialists study the macroeconomic report on the target market, the risk profile, including barriers to entry, the state of the industry in the target market and its dependence on exports and imports, SWOT analysis of the consumer market. Experts also carry out individual analytics for companies, which determines the most effective strategy for a manufacturer to enter foreign markets.
In addition, as part of the buyer’s program, the center’s specialists help Moscow companies with the search for counterparties and conduct negotiations with potential buyers abroad, ensure the participation of Moscow companies in international exhibitions and business missions.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.