In the first half of the volume of exports of agricultural products (excluding EEU) was $10.5 billion, having increased 17% in value terms compared to the same period of 2019. Shipment in EAEC countries confirm the trend: for the first 4 months of 2020, their volumes grew by 10%, to $1.2 billion IN COE believe that at the end of the year the export of agricultural products abroad may increase by more than 10% to $27-28 billion. Russia's agriculture Ministry forecasts exports in 2020 at the level of last year of $25 billion.

"We expect that the main growth will provide as the primary export categories, grain and oil, and new drivers of exports – oilseeds, sugar and meat. If the export volumes of oilseeds and meat during the first six months of 2020 has grown in 2 times, export of sugar and confectionary products showed a four-fold increase. The share of these three categories in the structure of agrotourism shipments from Russia increased from 6% in the first half of 2019 to 12% in 2020. The share of three main export categories grains, oil and fats and fish, has declined from 73% to 68%," said Andrew Galinov, head of COE Rosselkhozbank.

Oilseed exports for six months in 2020 reached $598 million Shipment of sunflower seeds increased by 3.5% to $291 million, soybeans 1.5% to $149 million According to the Ministry, in the medium term it is planned to increase the volume of exports of soybean in China to 3.7 million tons annually, which at current prices is equivalent to $1 billion.

The exports of sugar and confectionery products rose from $79 million to $305 million Driver category was beet sugar. For the 6 months of 2020, exports of this product increased 17 times from $13 million to $218 million for the Production of solid beet sugar in volumes far exceeding domestic demand, forcing Russian producers to find new markets. The share of Ukraine and Turkey in the export structure decreased, significantly increased the share of the countries of Central Asia and Azerbaijan.

Good growth shows the exports of meat and edible meat offal, increased from $149 million to $336 million For poultry meat, the increase amounted to 2.5 times to $193 million, pork — 4 times, to $85 million, beef — 3 times, to $16 million If to speak about the countries-importers of the Russian meat products, China has moved into first place with a share of 45% (54% including Hong Kong). Almost 3 times increase in the export category of Vietnam from 12 to 15%. Ukraine now occupies the second place in the structure of meat exports, its share decreased from 28% to 16%, while direct shipments of products grew from $42 million to $53 million dollars.

Export categories: "fats, oils and waxes" increased by $0.5 billion, or 33%, in relative terms, reaching $1.9 billion. the Driver categories – sunflower oil exports for the first half of 2020 increased to a level of $1.3 billion (+35%). Exports of fats, oils and waxes to China has increased 3 times, reaching $579 million, or 30% of all exports category. Is also a multiple of the growth showed India by increasing import category from $28 to $213 million (+669%) and moved up from 13 lines to 3 in the rating of countries-importers of the category with a share of 11%.

One of the main export categories "cereals", for January-June 2020 reached $3.3 billion, demonstrating a growth of 10% in value terms compared to the same period last year and 18% in volume. The main growth categories: – wheat and meslin, maize, barley.

Exports the category "fish, crustaceans and molluscs" decreased by $129 million dollars or 6% in relative terms. The largest drop showed shipments of shellfish and fish fillets. The export of frozen fish in terms of value decreased by 2%. Interesting growth of exporting premium products, such as fresh crabs: the shipment for the first half of 2020 increased by 20% to $273 million, the Main recipients – South Korea, China and Japan.

For the first half of 2020's largest buyer of products of the agricultural sector of Russia was China. The country exported products worth us $ 1.9 billion. At the same time China buys a major export position, grain, and other products: in particular, frozen fish ($717 million), crustaceans ($118 million), sunflower oil ($282 million), soybean oil ($182 million), rapeseed oil ($104 million), soybeans ($94 million), poultry meat ($143 million). These 7 positions accounted for 87% of supplies into the country. The second place on volumes of purchases agrotourism from Russia, Turkey is the third South Korea. In the first half they had imported products from Russia for $1.5 billion and $0.7 billion respectively. With a small gap from Korea fourth place is Egypt with $0.6 billion dollars of exports agrotour.

Within the framework of servicing foreign trade activities of Russian agricultural Bank provides a wide range of products and services. With participation of agricultural implements deals in the export of grain crops in Egypt under contracts with the competent Egyptian company. In these transactions, issuance of counter-guarantees in favor of a major Egyptian Bank to ensure the contractual obligations of the Russian supplier.

In conditions of high volatility in commodity and financial markets, the agricultural Bank helps its clients to manage risk through the wide range of hedging instruments and individual approach. So, for the first half of this year Rosselkhozbank has helped the exporters to hedge risks in the amount of about $400 million.