Grain supplies from Russia to Belarus increased by 48 percent

Published 2024년 10월 2일

Tridge summary

In 2023, Belarus increased its grain imports from Russia by 48%, indicating a growing reliance on Russian grain despite traditionally being self-sufficient. This shift is partly due to Belarus's focus on meat and dairy farming, with much of its dairy exported to Russia. As Russia's grain harvest remains robust, economic conditions favor neighboring countries purchasing Russian grain at low prices. Experts advocate for stronger cooperation between Russia and Belarus in the grain market, suggesting initiatives like a grain exchange and market analysis to boost trade efficiency. Despite a global decrease in wheat trade, Russia continues to dominate as the largest wheat exporter. Belarus anticipates a grain harvest of at least 10 million tons, including rapeseed, for the year.

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Original content

According to the Federal Customs Service, grain supplies from Russia to Belarus increased by 48 percent in 2023, Elena Zhiryaeva, Doctor of Economics, Professor of the Department of Economics at the Russian Presidential Academy of National Economy and Public Administration in St. Petersburg, told SOYUZ. "Traditionally, Belarus met its grain needs on its own. But statistics in recent years have shown that grain imports exceed exports. A considerable portion of grain in Belarus is used for feed, grain is also purchased for the insurance fund, for the brewing industry, and for alcohol production. At the same time, food products are the basis of Belarusian exports, and Russia is the largest export market. The Belarusian agricultural economy is focused on meat and dairy farming and the export of products from this industry. In particular, at least 62 percent of dairy products are exported, 85 percent of which are supplied to Russia. In addition, Belarusian companies export vegetables, ...

Source: RG