Exporters named Turkey as the main buyer of Russian grain in the last agricultural year

Published Aug 6, 2024

Tridge summary

Turkey was the main buyer of Russian grain in the last agricultural year, with purchases totaling 8.9 million tons. Egypt and Iran followed with 8.7 million tons and 7 million tons respectively. Saudi Arabia and Bangladesh also increased their imports of Russian grain. Russia exported a record 55.4 million tons of wheat, accounting for about 28% of the global market.
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Original content

Turkey became the main buyer of Russian grain in the last agricultural year (July 2023 - June 2024), the Union of Grain Exporters reported, citing preliminary calculations by Rusagrotrans. During the year, 8.9 million tons of grain were supplied to Turkey compared to 12.6 million tons in the previous agricultural year. In second place is Egypt, which purchased 8.7 million tons versus 8.1 million tons, respectively. The top 3 is completed by Iran, which increased imports to 7 million tons from 6.4 million tons. The top five also included Saudi Arabia, exports to which increased to 4.5 million tons from 3.2 million tons in the previous agricultural year, and Bangladesh - 3.8 million tons from 1.6 million tons. As Interfax was previously informed by the Rusagrotrans analytical center, Egypt was the leader in purchases of Russian wheat last season - almost 8.6 million tons versus 8.1 million tons. This volume approximately corresponds to record purchases in the 2017/18 agricultural ...
Source: Oilworld
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