Friday, April 2 2021 18:46
Alina Hovhannisyan

Russia and Brazil became the main sugar import markets for Armenia in  2020

Russia and Brazil became the main sugar import markets for Armenia in  2020

ArmInfo. In 2020, Armenia imported 73.9 thousand tons of sugar, which is 32.5% higher than a year ago (against a 32% decline in 2019).

As stated in the report of the RA Customs Service, in value terms, sugar imports increased by 36.5% - to $ 27.5 million.  In 2020, Russia and Brazil became the  main import sugar markets for Armenia - 43.6% and 41.3%,  respectively. During the reporting year, sugar was also supplied to  the Armenian market from Ukraine (13.4%) and Belarus (1.6%). The rest  of the volume came from Kyrgyzstan, France, Italy, the United  Kingdom, Colombia, Lebanon, Poland, Costa Rica.

At the same time, in 2020 Armenia increased sugar exports 2.5-fold-  up to 105.9 tons, and the Russian Federation was the main sales  market. The customs value of sugar increased almost the same -  2.3-fold, amounting to $ 78.1 thousand.

Note that the data of the Statistical Committee of the Republic of  Armenia for 2020 does not contain data on the volume of sugar  production, whereas a year earlier the Republic produced 59,981 tons  of raffinate sugar obtained from cane or beet sugar in solid form,  with an increase of 3.4% per year.  It should be noted that according  to previously available data, 99.9% of sugar imports to Armenia fall  on the share of the "Alex-Grig" company, which belongs to the family  of the Armenian oligarch Samvel Aleksanyan.

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