Russia aims to export $7.5 billion in agricultural products to Africa by 2030
The head of the “Agroexport” center announced: The Russian Federal Reserve, Ilya Ilyushtin, said that Russia’s agricultural exports to African countries may exceed $7.5 billion by 2030.
Ilyushtin said – in a speech during a panel discussion at an international conference on issues of ensuring food sovereignty for African countries – “We see great potential in expanding our agricultural exports to Africa.” By 2030, our agricultural exports to African countries may exceed $7.5 billion; Grains will remain the mainstay of our exports, but there is also great potential for vegetable oils, meat, dairy products, fish, and prepared foods.”
He pointed out that Russia’s agricultural exports to Africa are witnessing steady growth, having more than doubled over the past five years, reaching about $7 billion in 2024; Among these exports, exports of animal products witnessed a huge increase, tripling in volume in 2024, and increasing in value more than fourfold, to reach 23,000 tons worth $32 million.
Regarding fish and seafood supplies, Ilyushtin explained that before the sanctions were imposed, Russia was exporting about 200,000 tons of fish annually to African countries.. He added, “Our goal is to return to pre-sanctions levels; We have great potential to increase supplies. Last year, we shipped 31,000 tons of frozen fish to African countries, which represents only 1.4% of their total imports of this product.”
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