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AgricultureRoyal Innovative: “Russia’s support for good agricultural practices will expand agricultural trade...

Royal Innovative: “Russia’s support for good agricultural practices will expand agricultural trade between Türkiye and Russia”

Stating that they expect new moves from Russia, which raised quotas in tomato exports, Boris Volfman, Founder of Royal Innovative, told that their business volume in agricultural product exports to Russia grew by 80% in the first 10 months of 2023, and they expect it to grow even more next year.

Royal Innovative, mediating agricultural product exports from Türkiye to Russia, announced an 80% increase in business volume in the first 10 months of 2023. Stating that Russia imports the most fresh fruits and vegetables from Türkiye, Boris Volfman, Founder of Royal Innovative said,

“While Türkiye’s total exports hovered just above 210 billion dollars in the first 10 months of 2023, agricultural exports amounted to 28.5 billion dollars. Russia, ranking 6th among the countries Türkiye exports to with a volume of 8 billion dollars, also holds an important position in agricultural exports. At the forefront of agricultural products exported from Türkiye to Russia are fresh fruits and vegetables.”

“We act as a bridge between Turkish agriculture and Russia. Among the vegetables we mediate in exporting is tomatoes. Russia’s decision to increase quotas in tomato exports in July pleased Turkish producers. This situation, positively reflected in foreign trade data, was perceived as Russia supporting good agricultural practices in Türkiye and received appreciation,” he added.

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“Agricultural trade between Russia and Türkiye will grow”

Highlighting their expectation of growth in agricultural exports between the two countries by the end of 2024, Boris Volfman, Founder of Royal Innovative said, “Tomatoes rank the first in Türkiye’s fresh fruit and vegetable exports. In the first 10 months of the year, Türkiye exported 422 million dollars worth of tomatoes. This represents a 16% increase compared to the same period last year, largely influenced by Russia’s quota decision. We hope the upward trend in tomatoes will spread to other fresh fruits and vegetables as well. Because, like tomatoes, we expect moves in different products from Russia.”

Referring to the Medium-Term Program prepared by the Presidency of Strategy and Budget, which sets the country’s export target at 302.2 billion dollars by the end of 2026, Boris Volfman said, “As stakeholders in Türkiye’s agricultural sector, we will work to increase the share of agriculture in the targeted exports by fulfilling our responsibilities. As always, from locating farmers to quality control, product selection to price negotiation, packaging to logistics, we will be at the service of Turkish producers seeking new markets and Russia for agricultural product needs. Türkiye will continue to be Russia’s largest agricultural partner, thanks to its climate, geographical location, product variety, and close relations.”

Highlighting the importance of fresh fruits and vegetables in Türkiye’s agricultural exports and Russia being the top country in this area, Boris Volfman, Founder of Royal Innovative concluded:

“We also mediate in delivering agricultural products grown all over Türkiye to Russia. Among the export products that vary according to the season are, for example, tomatoes, grapefruits, peaches, plums, pomegranates, avocados, carrots, oranges, persimmons, sweet peppers.”

News Desk
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The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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