Trade in agricultural products between Russia and Algeria grew by 2.3 times in 2023. 96% of the trade turnover of the agro-industrial complex between these countries is Russian exports.

The funds that will be used to stimulate the Russian agro-industrial complex in 2023 will be increased by 14 billion rubles.

Despite all the difficulties due to sanctions, the Russian Federation may even surpass the record of 2017, having delivered 43.5 million tons of wheat abroad.

Recently, the St. Petersburg International Commodity and Raw Materials Exchange sold 500 tons of sunflower seeds for 12 million rubles as part of the first trades for the sale of oilseeds.

Despite the fact that in general the harvest in Russia is expected to be record-breaking, the weather may worsen sunflower indicators.

Since November 16, export duties from the Russian Federation have dropped noticeably. But this is not enough: farmers are waiting for an increase in the indicative price.

For the third year in a row, starting from 2020, the Russian Federation has managed to retain the title of net exporter of agricultural products.

This year Russia beat all possible grain harvests. However, manufacturers still have enough problems.

Despite the record harvest of this year as a whole, some items may not be enough for domestic consumption.

In the near future, it is planned to launch the System for Trading Emissions of Greenhouse Gases in the EU countries.