EAEU export of food products and agricultural raw materials rise by 19%

Recent research shows that in 2020 EAEU exports of food products and agricultural raw materials to non-EAEU countries accounted for 29.8 billion US dollar which is 19% higher than in 2019. Russia and Belarus are at the top of the ratings, with a 21.2% rise of export from Russia and a 35% – from Belarus.

Meawhile, import to the EAEU from non-EAEU states descreased by 5.5% and export – by 20.8%.

The main extenal EAEU partners are EU countries and China, with their overall share of export shipments mounting to 54% and 61% of imports accordingly.

There was also an increase in shares of APEC (from 34.1% in 2019 to 36.4% in 2020) and CIS (from 4.9% to 5.3%) counrtries in the EAEU turnover.

EAEU foreign trade performance including records on main business partners, trade volumes, commodity patterns is avaible in an analytical review prepared by statistics deparment of the Eurasian economic comission.