Belgospishcheprom first shipped products to Guinea-Bissau

This year, the Belgospischeprom Concern for the first time shipped products to a new market – Guinea-Bissau – as noted by Belgospishcheprom’s Chairman Oleg Zhidkov

“This year, our enterprises have increased the supply of rapeseed oil and confectionery products to the People’s Republic of China. More goods were shipped to Türkiye, Israel, Nigeria, Mongolia, Georgia, Uzbekistan, UAE, Moldova, Armenia and Serbia. In January-September 2022, blended vegetable oils were shipped to a new market: Guinea-Bissau. Deliveries to the markets of the Czech Republic, Great Britain, Iran, Jordan, Spain, and Portugal have been resumed.”

According to him, in general, by late 2022, the concern plans to increase exports of products by 10 percent compared to 2021.

“For the next year, we set ourselves the task of continuing to grow in export volumes while gaining a foothold in our traditional markets even more confidently. These are Russia, the countries of the EAEU, the CIS, China and others. At the same time, we shouldn’t lose our presence in the EU market,” the Chairman added.

Speaking about the geographical structure of exports, the EAEU member states account for 63.5 percent of supplies, the EU – for 14.4 percent, and other countries – for 22.1 percent.

“Today we supply products to 44 countries of the world. One of the main sales markets for the concern’s organisations is the Russian Federation; in January-September 2022, the export growth rate was 119.6 percent,” the head of Belgospishcheprom summed up.