Imports of Russian agricultural products to the EU last year amounted to 2.5 million tons – European Commissioner
Russia
Regulation & Compliances
Market & Price Trends
Published Mar 29, 2024
Tridge summary
The European Union is actively working to reduce its reliance on Russian agricultural products by implementing tariffs and barriers on imports, which amounted to roughly 2.5 million tons of grain and sunflower in 2022 and 2023, with Italy and Latvia being the primary importers. In an effort to avoid causing food shortages, the EU has kept food and agricultural products out of its sectoral sanctions against Russia. However, it is now contemplating additional restrictions on Russian agricultural imports to balance its trade, which also involves significant agricultural exports to Russia and imports from Ukraine. To diminish the competitiveness of Russian and Belarusian grain within its market, the European Commission has proposed a restrictive tariff. Moreover, the EU plans to continue trade liberalization measures for Ukraine until June 5, 2025, while also implementing protective measures on certain Ukrainian food imports to safeguard its market.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The European Union is taking further steps to limit imports of Russian grain. European Commissioner for Agriculture Janusz Wojciechowski said in Brussels. “As far as trade with Russia is concerned, the EU has recently been setting certain barriers for it and imposing tariffs that reduce imports (of grain) from Russia. The total volume of such imports across the European Union was about 2.5 million tons in 2022 – 1 million tons of grain and 1.5 million tons of sunflower. This volume remained almost unchanged in 2023. The largest importer of Russian grain was Italy – 478 thousand tons, in second place Latvia – 360 thousand tons, a certain amount was also received by Lithuania, now it refuses to continue such imports,” said the Commissioner. According to him, Estonia also imported a small part of Russian grain products last year. For Poland, the volume of such imports was 3,500 tons of grain and 4,000 tons of sunflower, which in general is a very small volume of agricultural imports. ...
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