Th e paper analyses the current position of the Russian Federation in the global market of agricultural products and foodstuff s with the accent on the comparative advantage of Russian agricultural exports in relation to specifi c regions and states. Th e key purpose of the research is to classify the most signifi cant changes in the structure of Russian agricultural exports. Th e results show that the structure of Russian trade is changing continuously and evolving along with the process of economic transformation and trade liberalization. Exports become less diversifi ed and are concentrated in a few segments. From the perspective of comparative advantage, cereals, fi sh and vegetable oils are the segments of Russian exports which become more signifi cant. Th e comparative advantages of Russian exports are strengthening mostly in the case of African, Asian and CIS countries.