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Kuban’s exports to Vietnam have almost doubled

In 2021, the region supplied goods amounting to 32 million dollars, which was 96% more as compared to 2020.

The turnover with Vietnam was almost 95 million dollars in 2021. The prospects of the international collaboration with the delegation of the Socialist Republic of Vietnam were discussed by the representatives of the Export Support Center and the Department of investments and development of small and medium entrepreneurship. The delegation from Vietnam is visiting Kuban between 2 and 5 August.

The Krasnodar Krai takes 23rd place among Russian regions in the volumes of non-resource non-energy exports to Vietnam. In 2021, the figures increased almost by 117% as compared to 2020 and amounted to 29.87 million dollars, which is 92% of all exports. The main area is industrial agriculture, including cereal crops.

The main goal of the visit of Vietnamese businessmen was to search for partners in the field of food and agricultural products supplies. The delegation included companies that focus on the import of vegetable oils, grain, wheat, rice, barley, beans, soya, corn, sunflower seeds, cereals and pasta. The negotiations between the representatives of Vietnam and small and medium enterprises of the Krasnodar Krai will be held over two days.

As part of the business program, the participants of the purchasing delegation will also visit leading Kuban enterprises that are willing to export their products.