Russia’s agricultural sector booms after years of western sanctions
The punitive sanctions on Russia, put into place by the European Union in 2014 were supposed to create a consumer crisis in Russia.
New data shows that the opposite has happened. Russia’s agricultural market has become increasingly self-sufficient and what’s more, Russia’s agricultural exports have increased since the implementation of western sanctions.
In 2016 Russia lead in gain exports, shipping out 34 million tons of grain.