Trade: Exports rise 38% in 2019

Exports rise 38% in 2019

Imago Images / ITAR-TASS
Final product packaging at Cherkizovo meat processing plant.
Final product packaging at Cherkizovo meat processing plant.

RUSSIA, Moscow. Cherkizovo Group (Petelinka and Cherkizovo brands), Russia’s largest meat producer, has reported a significant increase in its global exports, boosting them by 38% in 2019. In monetary terms, the Company’s overseas sales surged by 78%.

In 2019, Cherkizovo Group's exports totalled 50,000 t, up 38% from the previous year. This growth was mostly driven by the poultry market, which recorded a 50% increase to 34,000 t following China’s decision to open up its market to Russian companies last year. This market accounted for over 40%, or 14,000 t, of the Company’s poultry exports.

Cherkizovo Group’s pork exports increased by 35% to 11,000 t, while turkey sales shrank by 10% to 1,500 t. Sausage exports plateaued, remaining at their 2018 level of 4,000 t.

“In 2020, Cherkizovo plans to carry on significantly boosting its exports by expanding its offering and sales channels in the existing markets and, also, by penetrating new markets in Africa, the Middle East and South-East Asia,” explained Andrei Terekhin, Head of Exports at Trading Company Cherkizovo.

Source: Cherkizovo
Russia Moscow


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