Over the past 10 months, Russia has increased flour exports by almost a third, to 990 thousand tons

Published Dec 4, 2023

Tridge summary

Russia's wheat and wheat-rye flour exports have increased by almost a third compared to the same period in 2022, reaching 990 thousand tons in the first 10 months of 2023. Iraq was the largest buyer, with over 150 thousand tons of Russian flour shipped to the country. China also increased its purchases of Russian flour by 3.7 times, reaching over 100 thousand tons. Agroexport expects the potential for additional Russian flour exports to be more than 500 thousand tons per year, with Southeast Asia, the Middle East, and Africa being identified as priority markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Moscow. December 4th. INTERFAX.RU - Over the 10 months of 2023, Russia exported 990 thousand tons of wheat and wheat-rye flour, which is almost a third more than during the same period in 2022, and exceeds the export volume for the entire 2022, reports the Agroexport center. The largest buyer of flour was Iraq, which was in second position at the end of last year. In January-October, more than 150 thousand tons of Russian flour were shipped to this country, which is 17% more than supplies over the 10 months of 2022. Georgia took second place, where 126 thousand tons were exported. China also entered the top 3, increasing purchases of Russian flour by 3.7 times, to more than 100 thousand tons. In 2022, flour supplies to China amounted to 37 thousand tons, in 2021 - less than 13 thousand tons, Agroexport recalled. Agroexport also reported that Russia resumed shipments of wheat flour to Hong Kong, sending 49 thousand tons in 10 months. Positive dynamics are also observed in the ...

Source: Interfax