Grain throughput at Russian ports in 2017 boomed after record harvest

19.01.2018

Grain throughput at Russian ports hit the highest growth rate of all the commodities last year following the record harvest, the transport ministry said.

Throughput grew 34.7% with 47.879 million mt handled by Russian ports in 2017 compared with 35.553 million mt in 2016.

Russia harvested 139.3 million mt of grain last year, 14.7 million mt higher on the year, beating 1978's record harvest of 127 million mt.

The main bulk of the volumes handled by ports -- 42.608 million mt -- headed to export, up 29.5% on the year. In 2016, 32.905 million mt of grain was exported.

In late November, Russia's agriculture minister Alexander Tkachev said Russia was set to export around 45 million mt of grains in the 2017-18 marketing year, of which 35 million mt would be wheat.

In port throughput, grain was followed by coal and coke, whose throughput grew 13.4% to 154.476 million mt -- of which 152.581 million mt was exported.

Crude oil throughput rose 11.1% to 253.226 million mt, of which 177.377 million mt went for export -- up 4.4% on the year.


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