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The foreign trade potential of the North African countries in the field of agriculture and food
- Authors: Al-Hamati M.A.1
-
Affiliations:
- Peoples’ Friendship University of Russia
- Issue: Vol 30, No 3 (2022): Global Economy: Actual Problems
- Pages: 358-370
- Section: INTERNATIONAL TRADE
- URL: https://journals.rudn.ru/economics/article/view/32149
- DOI: https://doi.org/10.22363/2313-2329-2022-30-3-358-370
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Abstract
The North African region is a market with a great potential for foreign supplies, the capacity of which makes it possible to increase Russian agricultural exports more than twice. The article analyzes the place of the agricultural sector of the North African countries in the economy of the countries of this region, its foreign trade potential; identifies the most promising areas of Russian trade relations in this area. Promising positions for this direction are cereals, soybean oil and soybeans, sunflower oil, frozen fish, confectionery products. In addition, the taste preferences of residents of African countries allow for the supply of a number of types of meat products, such as dark poultry meat and meat offal, which can become a good alternative for Russian producers to export to Asian countries. The conclusion is made about the profitability and prospects of cooperation in the agro-food sector for Russia with the countries of North Africa.
About the authors
Mohammed Abduljalil Al-Hamati
Peoples’ Friendship University of Russia
Author for correspondence.
Email: mohammed3@mail.ru
6 Miklukho-Maklaya St, Moscow, 117198, Russian Federation
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