Russia increased flour exports by 38% in 7 months

Published 2024년 8월 26일

Tridge summary

From January to July 2024, Russia has seen a 38% increase in wheat and wheat-rye flour exports compared to the same period in 2023, totaling over 740 thousand tons. This marks the fourth consecutive year of growth in exports. The largest buyer of Russian flour was Afghanistan, with purchases over 270 thousand tons, a fivefold increase compared to the previous year. China followed as the second-largest buyer, with over 80 thousand tons, making Russia the leading supplier of flour to China. Other significant buyers included Iraq and several Asian, Persian Gulf, and African countries. The Agroexport center anticipates that exports could reach over 1.7 million tons by 2030.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In January-July 2024, Russia exported more than 740 thousand tons of wheat and wheat-rye flour, which is 38% more than in the same period last year, the Agroexport center under the Ministry of Agriculture reports. "Thus, the positive dynamics in export deliveries of the product has continued for the fourth year in a row," the report says. The largest buyer of Russian flour, as in 2023, is Afghanistan. In January-July, shipments to this country increased more than 5 times, to almost 270 thousand tons. Afghanistan has stepped up purchases of Russian flour since the fall of 2023; in April of this year, a record monthly volume of deliveries was recorded - more than 65 thousand tons. The second buyer of Russian flour this year is China. According to ITC Trade Map, at the end of the first half of this year, the Russian Federation was the leader among the main suppliers of flour to China with a share of more than 60%. According to expert estimates, over 7 months, the export volume has ...
Source: Zol

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