Rostov region increased grain exports by 31.6% in Russia

Published Nov 13, 2020

Tridge summary

The Rostov region in Russia has seen a significant increase in grain exports from the beginning of the year to November 8, with a total of 14,789.5 thousand tons exported, a 31.6% increase from the previous year. The exports consist of wheat, barley, corn, rice, grain sorghum, oats, buckwheat, millet, and canary seeds. The largest volumes were exported to Turkey, Egypt, Saudi Arabia, and Bangladesh. The increase in exports is attributed to the high harvest results, stable demand for Russian grain, and favorable price conditions on the world market. The development of grain transshipment capacities in the Rostov Region and the concentration of grain exporters and traders also contribute to the growth in grain exports.

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

Original content

By November 8, 14,789.5 thousand tons of grain crops were exported from the region abroad.According to preliminary data from the Federal Customs Service of Russia, from the beginning of this year to November 8, 14,789.5 thousand tons of grain crops were exported from the Rostov region - by 31.6 % more than for the same period last year (hereinafter, data for 2020 excluding exports to the EAEU countries for October - November). In particular, 12,266.0 thousand tons of wheat (28.9% more than a year ago), 2 326.1 thousand tons of barley (68.0% more), 129.4 thousand tons corn (51.3% less), 19.8 thousand tons of rice (15 times more), 11.6 thousand tons of grain sorghum (15.0% more), 7.2 thousand tons of oats (in 9 times more), 25.0 thousand tons of buckwheat, millet and canary seeds (37.3% more). The largest volume of grain crops from the Rostov region was exported to Turkey (3,977.7 thousand tons; + 51.5% to the level of the previous year), Egypt (2,803.7 thousand tons; + 21.7%), ...

Source: Specagro