Russia Seeks To Increase Grain Exports To Mexico

10.01.2019

Russian suppliers are interested in expanding grain exports to Mexico, Russian Ambassador in Mexico Viktor Koronelli told Sputnik, adding that his embassy was ready to assist the country's agriculture producers in getting through to potential purchasers.

"There is an interest in discussing the expansion of grain exports. [Russian] grain producers, the United Grain Company, approached the embassy the other day with a request to assist them in reaching out to potential partners to expand exports. We, of course, will try to provide them with this assistance. Russian producers have such opportunities and intentions [to increase grain exports], there are reasons to believe that the exports will grow," Koronelli said.

The diplomat also did not rule out the possibility of a rise in Russian fertilizer exports to the Latin American country, but did not specify concrete amounts.

In addition, the ambassador noted the positive trend in Russian-Mexican commerce, saying that trade between the two countries exceeded $2.5 billion in 2018.

"We have an intensive trade, [the benchmark of] $2.5 billion has already been reached. This already exceeds last year's figure. In Latin America, [Mexico] has larger trade only with Brazil," Koronelli added.

In 2012, Russia supplied 88,000 tonnes of wheat, which is a key category of the country's grain exports, to Mexico, according to the Mexican Agriculture Ministry's figures. By 2017, wheat exports had more than quadrupled to 356,000 tonnes. Now, Russian wheat exports to Mexico since 2012 exceed 1.7 million tonnes.


Sputnik

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