News

Russia bans grain exports

Russia
Published Mar 15, 2022

Tridge summary

Russia's Ministry of Agriculture, together with the Ministry of Industry and Trade, has prepared a draft government decree providing for a temporary ban on exports of basic cereals from March 15 to June 30, 2022. This was reported to Interfax by the press service of the Ministry The temporary ban on exports from the Russian Federation will affect wheat, rye, barley and corn.

Original content

It is assumed that the period will be from March 15 to June 30, 2022 inclusive. From July 1, 2021 to March 10, 2022, the Russian Federation has exported 28.1 million tons of grain, which is 30.3% of -slightly compared to a year earlier (excluding exports to the Eurasian Economic Union countries in January-March). In particular, exports of wheat decreased by 30.9% to 23 million tons, barley - by 34.7%, to 2.9 million tons, corn - by 21.7%, to 1.8 million tons. of the Federal Customs Service, in the first half of 2020 Russia sold the most grain to Turkey for a total of $ 818.3 million, followed by Egypt - with $ 514.7 million, and in third place is Saudi Arabia with $ 167 In addition, Russia supplies significant quantities to Vietnam ($ 129.8 million), Bangladesh ($ 105.1 million), Sudan ($ 102.4 million), the UAE ($ 95.7 million), and Azerbaijan ($ 83 million). , 5 million), Morocco ($ 77.8 million) .After the suspension of exports, these countries will have to import from ...
Source: Standartnews
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