The most promising positions are grains - wheat, barley and corn, as well as poultry MEAT and chocolate confectionery.
Currently, trade volume is still small. In 2022, the Russian Federation supplied $3.4 million worth of agricultural products to Kuwait, which is almost two times less than in 2021 ($6.7 million). In physical terms, exports amounted to only 1 thousand tons. There were no supplies from Kuwait to the Russian Federation.
Kuwait's share in 2022 accounted for less than 0.1% of exports of Russian agricultural products. The main commodity items in the structure of Russian exports to Kuwait in value terms in 2022 were chocolate confectionery (they accounted for 44.1% of supplies), beef and cattle by-products (42.2%), as well as dried chickpeas (2 .8%).
According to the review, in 2022, compared to 2021, revenue from the EXPORT of chocolate confectionery products decreased by 17.4%, to $1.5 million, and dried chickpeas - by almost 68%, to $0.1 million.
In addition, in 2022 The Russian Federation stopped exporting soybean oil , cigars and cigarettes.
At the same time, exports of beef and edible cattle by-products increased to $1.4 million, and supplies of oats ($51.2 thousand) and coriander seeds ($19.4 thousand) also began. Live birds of prey also became an export item, the proceeds from deliveries to Kuwait amounted to $61.5 thousand.
As stated by Roman Gridin, deputy HEAD of the foreign trade project support department of the Agroexport center, whose comment is given in the review, Kuwait is a net importer of agricultural products, stably purchasing in foreign markets of agricultural products by $5.4 billion. At the same time, the volume of imports in value terms exceeds exports by 14 times.
“The structure of imports is highly differentiated - in 2022, the top 10 main products accounted for only 37% of the total value of imported food products. Among the most popular imported agricultural products in Kuwait are poultry and beef, confectionery, dairy products - MILK powder and cheeses . as well as grain crops - rice, wheat and barley,” said Roman Gridin.