Russia, a promising land for Agrifood

The Russian economy has slowed down recently but robust household consumption suggests limited impact on the middle class. The higher purchasing power and the new dietary habits of the growing middle class have been fuelling Russian agrifood imports.

The mounting domestic market have spurred strong investments in the Russian F&B industry. After all, Russian F&B industry in continued growth mode. The significant weight of F&B industry in Russian manufacturing. The flip side of the coin: a persistent trade deficit in agrifood products. Russian Agrifood exports are concentrated on low value added products.