Russia reduced imports of wheat by 25%

14.02.2018

Russia imported 2.2 MMT of grain and grain products (including deliveries from the Customs Union countries) in MY 2017/18 by February 6, or 0.4 MMT (14%) less than at the same time in MY 2016/17 (2.5 MMT). 2.7 MMT of this produce was imported for the first eight months of MY 2015/16, Rosselkhoznadzor (Federal Service for Veterinary and Phytosanitary Surveillance) reports.

As before, the most popular in the Russian market is soybeans, whose imports amounted to 1.3 MMT (61% of total imports, down 2% from MY 2016/17). The next is wheat: its imports plummeted by 25% to 299 KMT (14%). According to Rosselkhoznadzor, 113 KMT of Kazakh wheat that arrived to OJSC Yeysky Port Elevator will probably be shipped to other countries. The third ranked commodity is rice groats, whose imports increased 18% to 124 KMT (6%), reports UkrAgroConsult.

Imports of barley dropped to 74 KMT (3%, down 44%), while arrivals of barley malt sank to 53 KMT (2%, down 21%), soybean meals to 44 KMT (2%, down 26%), and rye flour to 29 KMT (1%, down 39%).

In MY 2017/18, the top ten origins of produce imported by Russia account for 2 MMT (90%) of imports. The largest supplier was Paraguay, which exported 642 KMT to Russia (up 6% at 30%). It was followed by Brazil with 603 KMT (down 3% at 28%) and Kazakhstan with 261 KMT (down 53% at 12%).

 

UkrAgroConsult

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