Russian Bioeconomy Strategic Goal: Exports to exceed $2 billions by 2036, reaching around $3.5 billions by 2050

智通财经2026/10/07 05:36

Show original

(1) According to Russia's Bioeconomy Development Strategy up to 2036 and Vision 2050, the country's bioeconomy product exports are expected to reach 2.026 billion USD by 2036 and about 3.509 billion USD by 2050. (2) The document notes that, in the baseline scenario, exports of high-tech bioeconomy products will amount to 2.02642 billion USD by 2036 and 3.50911 billion USD by 2050. (3) By 2036, fixed asset investments in the sector are planned to reach 1.045 trillion rubles, and by 2050, 1.81 trillion rubles. (4) Under the baseline scenario, the share of Russian high-tech products in the consumption structure will reach 74.6% by 2036 and 82.7% by 2050. (5) On October 5, the Russian government approved the National Bioeconomy Development Strategy, with priorities including strengthening technological infrastructure, advanced bioprocessing of biological resources, and expanding the application of biotechnology in traditional industries. (6) According to the explanatory note for the next three-year federal budget draft, approximately 12 billion rubles are planned to be allocated to the national bioeconomy project for 2027-2029.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Toyota to Re-import US-made Camry Cars into Japan in Late November

智通财经•2026/11/09 09:25

Spot platinum breaks above $1,550 per ounce, up 1.21% intraday

智通财经•2026/11/09 09:15

Russia seizes Japan Tobacco assets, potentially impacting Japanese government dividend income

智通财经•2026/11/09 09:06

SoftBank Quarterly Preview: Net Interest-Bearing Debt Rises to 10.8 Trillion Yen

智通财经•2026/11/09 08:31