Russia supplied record 3.5 million tons of wheat to Bangladesh in 2023/24 agricultural year

Published 2024년 8월 12일

Tridge summary

In the agricultural year ending June 2024, Russia achieved a milestone by exporting a record 3.5 million tons of wheat to Bangladesh, a increase of 2.5 times compared to the previous year. Russian wheat made up over half of the wheat imports to Bangladesh, supporting the country's domestic consumption of 7.3 million tons. Additionally, Russia saw a significant increase in pea and mustard seed exports to Bangladesh. Although corn exports are not yet part of the portfolio, there is potential due to growing meat consumption. Furthermore, soybean oil, currently imported from Brazil, Argentina, and Paraguay, presents a promising market for Russian agricultural exports.

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

Original content

Moscow. August 12. INTERFAX.RU - In the last agricultural year (July 2023-June 2024), the Russian Federation supplied 3.5 million tons of wheat to Bangladesh, which was a record figure and 2.5 times more than the export of the previous agricultural year. This was reported by the Grain Quality Assessment Center (a department of the Russian Federal Service for Veterinary and Phytosanitary Surveillance). As stated by the Director of the Center, Ruslan Khasanov, whose words are quoted in the report, Russian wheat accounted for more than half of this type of grain imported to Bangladesh last season. In the last agricultural year, the country imported 6.5 million tons of wheat with domestic consumption of 7.3 million tons. "The Russian Federation has significantly increased supplies of other agricultural crops to Bangladesh. Thus, pea exports increased to 206.4 thousand tons compared to 4.7 thousand tons in the 2022/2023 agricultural year, mustard seed exports increased more than 10 ...

Source: Interfax