BAKU, Azerbaijan, July 29
By Ilkin Seyfaddini - Trend:
Russia’s Bashkortostan exported over 41,000 tons of sugar to Uzbekistan and Kazakhstan in the first half of 2020, Trend reports citing the Russian Exporters Association.
During the mentioned period, Bashkortostan exported sugar worth $15.1 million.
Bashkortostan's sugar exports increased eight times in the first half of the year compared to the same period in 2019. The increase in exports was due to overproduction of sugar.
In the period from January through May 2020, Uzbekistan became the largest importer of Russian sugar.
Exports of Russian sugar in the period from January through May 2020 increased 13 times (to 619,000 tons) in volume and 10 times - in value (to $245 million) compared to the same period in 2019.
Earlier, the two largest sugar factories in Uzbekistan, Angren Shakar LLC and Khorezm Shakar LLC, have ceased operations.
In May 2020, it was reported that the Angren Shakar LLC plant produced hundreds of tons of sugar, which was being stored at warehouses. According to the plant workers, demand for local sugar has fallen after cheaper sugar was brought to the Uzbek market from abroad.
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