Russia gains access to Philippine beef market
MOSCOW 鈥 The Philippines granted access for Russian beef and beef offal to its market, authorizing two Russian companies for imports, Russia鈥檚 agriculture regulator said on Friday.
The Philippines imported 1.17 million metric tons of meat last year, about a 10% increase compared with 2023, according to the Food and Agriculture Organization, with Brazil, the US and Spain as top suppliers.
Russia is seeking to boost agriculture exports by 50% by 2030, diversifying customer markets. Russia is currently exporting beef to China, Belarus and Saudi Arabia. Beef exports from Russia rose 14% in 2024.
鈥淎ny new market is important for Russian producers as an opportunity to diversify supplies and respond to changes in demand,鈥 Sergei Yushin, head of Russia鈥檚 National Meat Association lobby group, said. 鈥 Reuters
