News

Russia increased grain exports in January

Wheat
Russia
Published Jan 26, 2023

Tridge summary

The Russian Grain Union announced monitoring data on the export of Russian wheat. According to the correspondent of KazakhZerno.kz, in the first three weeks of January (until January 22) 2.47 million tons of wheat were shipped for export, which is about two times ahead of the volumes for the same period last year. In total, Russian exporters delivered 2.8 million tons of grain to foreign buyers, which is 70% more in annual terms.

Original content

One of the main trends is an increase in the share of wheat in the export nomenclature from 75% (a year ago) to 88% at the beginning of 2023. The RGU predicts wheat exports at the level of 3.5 million tons in January, which is two times more than in January 2022. Among the countries that demonstrate the largest import of Russian grains are Egypt, whose purchases in January increased by 92% to 638 thousand tons, Turkey, whose volumes increased by 88% and reached 406 thousand tons. Purchases of Algeria (121 thousand tons) increased by 4 times compared to January last year. It is also indicative that the main shipments of grain ...
Source: Kazakh-zerno
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