The main thing here is probably the conclusion of agreements related to the supply of oil and gas. For example, China has dramatically increased its purchases of Russian oil. Today, Saudi Arabia and I share first and second place in China in this regard. In addition, our deliveries of agro-industrial products have grown considerably. They grew last year, and this year they continue to grow. Although, of course, they are incomparable in terms of volumes with oil and gas. However, it is an example of positive growth, and that is important.
I think this year we can reach ten or even more billion dollars of supply of agricultural products. In other words, it will be an increase of almost 45% or so.
Moreover, the flow of goods from China has also increased. Again, related to import substitution. Here it is actually very difficult to say how much, because, it seems to me, even the statistics that we have today do not fully reflect the situation, because part of the Chinese goods go through Central Asia , by Kazakhstan, mainly, and partly by Kyrgyzstan.
Therefore, purchases from China are much larger in reality.
In addition, many small and medium-sized Russian companies have significantly optimized their trade with China, both in buying and selling. Before, after all, the oil, gas and forestry complex was the main thing, and that’s big business. Today we see the participation of small and medium enterprises in the field of petrochemicals, agro-industrial products, small mechanization and, of course, fishing.
We expect a very significant increase over the year, then a stabilization will come. And we must understand that these figures, they must not confuse us. Because our main task is to increase our own production based on Chinese advanced technologies.
Read the Latest Science and Technology News Today on The Eastern Herald.