Russia: What you need to know to ship grain abroad

Published 2024년 9월 16일

Tridge summary

Russia is aiming to boost its agricultural production by 25% and agricultural exports by 1.5 times by 2030. The country's grain exports have reached a record high of 55.3 million tons, over 26% of global exports. However, exports face restrictions from the European Union, Turkey, and Kazakhstan. Russia is expanding its grain export markets in the Middle East and Africa, and is also maintaining its position in Asian markets. Over 2,000 Russian exporters supply grain to global markets. The quality of exported grain is strictly monitored and must meet the standards set by the importing countries. These standards include specifications for protein content, moisture, natural weight, and maximum allowable pesticide residues, mycotoxins, and GMOs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By 2030, Russia should increase its agricultural production by at least 25%, and agricultural exports by 1.5 times compared to 2021. To successfully export, companies must comply with product quality standards adopted in the countries importing our grain. Market experts told pole.rf magazine about the requirements of the main importing countries and what will happen if they are not met. Where we supply Grain exports from Russia are constantly growing. According to the International Grains Council, Russia shipped a record 55.3 million tons of wheat abroad in the 2023/2024 agricultural season, which is just over 26% of global exports. This is the highest export volume in modern history and almost 15% more than last year's figure. However, shipping grain products from Russia abroad is not so easy for a number of reasons. "Russian exports in the 2024/2025 agricultural season are limited by bans and barriers from both the unfriendly European Union and the quite friendly Turkey and ...

Source: Zol