Buckwheat exports from Russia may increase by 1.5 times from 2023

Published 2024년 10월 24일

Tridge summary

Russia's buckwheat exports are projected to rise from 200 thousand tons to 300 thousand tons by the end of the year, according to Deputy Prime Minister Dmitry Patrushev. This is due to the country's increased production, which is expected to remain steady at about 1.5 million tons. The demand for Russian buckwheat is high in countries such as Uzbekistan, Kazakhstan, Belarus, and China. In addition to buckwheat, Russia has also seen a significant increase in soybean production, which last year reached seven million tons, with 1.5 million tons of this being exported. The country aims to reduce the export of unprocessed soybeans to increase the supply of value-added products like soybean oil.

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Original content

Buckwheat exports from Russia by the end of the current year may increase from last year's level of approximately 200 thousand tons to 300 thousand. This forecast was voiced by Deputy Prime Minister Dmitry Patrushev in an interview with the Russia-24 TV channel. The Deputy Prime Minister cited such data based on the current production figures for the crop, which amounted to about one and a half million tons. According to his calculations, the same result is expected this year. At the same time, he recalled that back in 2013, the buckwheat harvest in the country was almost half as much, 800 thousand tons. "If we produce the volumes that I have just mentioned, of course, we have the opportunity to supply it for export," the Deputy Prime Minister noted. He recalled that Russia is already supplying buckwheat to Uzbekistan and Kazakhstan, and in general, it is in high demand in Belarus and China. Patrushev named soybeans as another crop, the production of which Russia has managed to ...

Source: Rosng