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The retail trade market value of food and beverages in Russia has been steadily expanding over the period under consideration. In 2000, the turnover from the country’s food retail trade was measured at approximately **** trillion Russian rubles. Since then, it saw a remarkable growth, reaching nearly **** trillion Russian rubles in 2020.

Food retail in Russia

The leading food retailer in Russia, X5 Retail Group, which operates under every retail format, accounted for *** trillion Russian rubles in revenues in 2019. The Russian subdivision of the French company Auchan listed in fifth place with over *** billion Russian rubles in turnover over the same period. As for discounters, DA! reported the most significant revenue growth as of the second quarter of 2019, while Perekrestok and Pyaterochka, both belonging to X5 Retail Group, made it in the top three.

International trade of food and beverages in Russia

As Russia is one of the major producers of cereals and legumes on a global scale, the named commodities were the most exported food products from the country. Furthermore, Russian export worth of cereals and legumes was estimated to increase over the coming years, exceeding ** billion U.S. dollars by 2024. Food and agricultural raw material imports to Russia amounted to nearly ** billion U.S. dollars over 2020, with fruits and vegetables in the leading positions.