Who Are the Main Importers of Brazilian Peanuts?

Russia accounted for an estimated 39% of the total exported volumes of Brazilian peanuts in 2022. Russia was followed by Algeria (14%), the Netherlands (9%), the UK (6%), and Poland (3%). The rest are distributed to countries all over the globe, such as South Africa, Colombia, Mexico, Australia, Canada, Vietnam, and Japan.

Brazil's peanut exports to Russia were only slightly impacted by the Russia-Ukraine conflict. Peanut kernel exports to Russia in 2021 were 103,585 mt, and decreased slightly to 97,400 mt (est.) in 2022. Exports to Ukraine were more severely impacted, and in 2022 could be only half of the 22,250 mt which were shipped from Brazil to Ukraine in 2021.

Russia, Ukraine, and other CIS countries are considered the most attractive markets due to their less stringent aflatoxin level requirement and high prices. 

Source: ITC Trade Map