Latvia increased imports of Russian grain by 40% in the first quarter

Published 2024년 4월 8일

Tridge summary

In the first quarter of 2024, Latvia reported a significant 39.8% increase in grain imports from Russia, reaching 158,325 tons, despite a slight 6.2% decrease in the overall value of these imports compared to the same period in 2023. The imports predominantly consisted of corn, rye, wheat, triticale, and barley, with corn and rye seeing the most substantial increases. Alongside this, Latvia also experienced a 78.9% surge in the transit of Russian grain through its territory, totaling 596.807 thousand tons. This growth in grain trade comes as Latvia continues to support EU sanctions against Russian grain and maintains its own temporary ban on Russian and Belarusian agricultural products and feed, which is in effect until mid-2025 but may be extended if deemed necessary.

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Original content

Moscow. April 8. INTERFAX.RU - The volume of grain imports to Latvia from Russia in the first quarter of 2024 increased by 39.8% year-on-year, to 158,325 tons, the State Revenue Service told BNS. The value of grain imported from Russia in the first quarter amounted to 27.007 million euros, which is 6.2% less than in the first quarter of 2023. Including imports of corn from Russia amounted to 136,539 tons, rye - 8.53 thousand tons, wheat and wheat-rye mixture - 8,744 tons, triticale - 111 tons, barley - 4.4 thousand tons. Compared to the first quarter of 2023, imports of corn increased by 26.5%, rye by 70.6%, and triticale decreased by 60.5%. Wheat and wheat-rye mixture, as well as barley, were not imported in the first quarter of 2023. The department explained that goods that have undergone the import procedure acquire the status of European Union (EU) goods and can move freely throughout the EU. They can be consumed in Latvia or exported to other EU countries without going ...

Source: Interfax