Russian food embargo will keep delivering good results
Journal: Emerald expert briefings
Year: 2024

Significance It was Moscow’s principal response to Western sanctions imposed in 2014, after the annexation of Crimea, has delivered a sustained increase in agricultural production. By 2024, Russia was the world’s third-largest agrifood exporter and the world’s leading supplier of wheat. Agrifood is behind only oil and gas by export value. Impacts The share of domestic food products in retail stores will continue to rise. Counterfeit food will create serious problems in retail trade despite Russi