For the primary time ever, Russia has entered the highest 10 of the world’s chocolate exporters, beating the famed Swiss chocolatiers by way of worth of merchandise offered overseas, the Russian Affiliation of Confectionary Producers mentioned.
Exports of chocolate produced in Russia totaled $ 839 million in financial phrases within the yr to September 2021, the affiliation reported citing information revealed by ITC Trademap and UN Comtrade.
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Swiss miss: Russia projected to overhaul Switzerland in chocolate exports by finish of yr
In the meantime, Switzerland reportedly exported $ 819 million price of chocolate in the course of the specified interval.
China, Belarus, Armenia, Kazakhstan, and Kyrgyzstan, had been the foremost importers of Russian chocolate, the union mentioned as quoted by Rossiyskaya Gazeta.
Based on the affiliation’s estimates, Russian confectionary manufacturing has seen a gentle development over current years.
In 2021, exports are anticipated to extend by greater than 19% to 824.5 thousand tons by way of quantity, and to $ 1.68 billion in financial phrases, virtually a 3rd greater than pre-pandemic ranges.
Chocolate accounts for 51.5% of Russia’s complete exports of confectionary.
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