Russia Increases Flour Exports by 38% in 7 Months

Published 2024년 8월 27일

Tridge summary

Russia has seen a significant increase in the export of wheat and wheat-rye flour, with a 38 percent rise compared to the same period last year, reaching 740 thousand tons from January to July. Afghanistan has been the largest buyer, with a fivefold increase in imports, followed by China and Iraq. The export of Russian flour to China has also seen a 1.7 times year-on-year increase, and the export of these products has been on a consistent rise for the past four years, with projections estimating that exports may exceed 1.7 million tons by 2030.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January-July of this year, Russia increased its exports of wheat and wheat-rye flour by 38 percent compared to the same period last year, or up to 740 thousand tons. Such data were provided by the Agroexport center (owned by the Ministry of Agriculture). Afghanistan remained the largest buyer of this product, as in the previous year. Over seven months, Russia increased its exports of both types of goods to the republic more than fivefold, to almost 270 thousand tons. Afghanistan began to purchase Russian flour most actively last fall. Record monthly volumes were imported in April – over 65 thousand tons. China turned out to be the second largest importer of Russian flour this year. In total, about 80 thousand tons were delivered there in seven months, or 1.7 times more year-on-year. Agroexport cited data from the ITC Trade Map trading platform, according to which our country turned out to be the largest supplier of wheat and wheat-rye flour with a share of more than 60 percent ...
Source: Rosng

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