On-the-Ground Updates

Russia Expected to Lift Export Tax on Flaxseed From September

Flax Seed
Russia
Regulation & Compliances
Anastasia Shilyaeva
Published Aug 25, 2022
Russia introduced a duty on the export of flaxseed on 1 May 2022 that will last until 31 August 2022. The tax amounts to 20% but not less than USD 100/MT which made flaxseed culture a non-profitable product to export during that period. Producers and exporters expect that the Russian Ministry of Agriculture will not extend the tax, which will bring export interest back to Russian flaxseed starting from September.

What to read next

On-the-Ground Updates
Frosty Weather in Poland Disrupts Apple Orchards, Prices Set to Rise in 2024
Theodoros Damvakaris · Apr 25, 2024
On-the-Ground Updates
Price of Fresh Cuttlefish Surged 9.1% WoW in the Italian Market Due to an Abundant Supply
Giselle Landaeta · Apr 24, 2024
On-the-Ground Updates
Egypt's Fresh Garlic Prices Soared by 40% MoM in Apr-24 Amid Inflation and Currency Changes
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Early Greek Bostana Watermelon Exports Begin Amidst Chilly European Weather
Theodoros Damvakaris · Apr 22, 2024

Read more relevant content

News
Vietnamese rice grains appeared the most on which country's dining table in the first quarter?
Agriculture · Apr 28, 2024
News
USDA requires livestock to be tested for avian influenza during transport
Rosng · Apr 27, 2024
News
Expert: Rice Cultivation on Oil Palm Land Supports Food Security Farmers can get income from upland rice while waiting for the oil palm to bear fruit after replanting. Red: Fuji Pratiwi
Republika · Apr 27, 2024
News
Thaibinh Seed's two rice varieties caused surprise in the border district of Gia Lai province
Danviet · Apr 27, 2024
News
In May, Russia will maintain a zero duty on sunflower oil exports
Rosng · Apr 27, 2024
News
The share of profitable agricultural enterprises in the Russian Federation decreased by 0.8%
Rosng · Apr 27, 2024
News
The Russian intervention fund purchased more than 5.5 thousand tons of grain
Rosng · Apr 27, 2024
News
A new vaccine from the Federal State Budgetary Institution “ARRIAH” against poultry diseases has arrived on the Russian market
Rosng · Apr 27, 2024
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.