Russia Peanut (Groundnuts) Market Insights
Table of Contents
Russia peanut (groundnuts) export quantities
The volume of peanut (groundnuts) exported by Russia in 2020 was 5,188 metric tonnes. In 2019 Russia shipped 4,645 tonnes of peanut (groundnuts). For the year 2019 alone, the interest in Russia peanut (groundnuts) (nuts and oil seeds category) has improved, recording a change of 80.388 percent compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports went up by 115.65% bringing the nation US$9.80m for the year 2019. Russia's peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Russia peanut (groundnuts) export values
In 2019, Russia exported peanut (groundnuts) valued at 9.80m USD, an improvement of 63.22% from 2018's total peanut (groundnuts) export of 6.004m USD. The annual growth in value of Russia peanut (groundnuts) between 2017 to 2018 was 10.98 per cent.
The per year change in the volume of Russia's peanut (groundnuts) exports between 2017 and 2019 was 115.65 per cent compared to a variation of 80.388% in the period between 2018 and 2019.
Russia's stake of the world's total peanut (groundnuts)'s exports in 2019 was 1.4 pc. The country is ranked position 11 in world exports of peanut (groundnuts).
Export markets for Russia peanut (groundnuts) ( in '000$ )
Russia's best performing destinations for peanut (groundnuts) are Kazakhstan, Germany, Kyrgyzstan, Ukraine and Belarus.
Import/Export Trends
Russia is a net exporter of peanut (groundnuts). The annual growth of Russia peanut (groundnuts) in value between 2015 to 2019 was -6%, per year, while annual growth in quantity through the same period was 24%, per annum.
Russia procured 7,719 tonnes of peanut (groundnuts) in 2019.
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Production of other produce in the Nuts and Oil Seeds category in Russia:
See the production of peanut (groundnuts) in other countries across Europe : Georgia peanut (groundnuts), Albania peanut (groundnuts), Belarus peanut (groundnuts), Bosnia and Herzegovina peanut (groundnuts), Bulgaria peanut (groundnuts), Croatia peanut (groundnuts), Czech Republic peanut (groundnuts), Estonia peanut (groundnuts), Greece peanut (groundnuts) and Hungary peanut (groundnuts).