Russian flour exports fell to the 2014/15 level

21.09.2017

Russia exported 152 KMT of flour in MY 2016/17, or 39% less than in MY 2015/16 (248.3 KMT) and comparable with 153.2 KMT in MY 2014/15, reports UkrAgroConsult. Flour production in Russia also sank in the 2016/17 season (down 6.3%).

Noteworthy is that China, a promising importer, increased its share in the slumped flour exports from Russia. So, Russia exported 64.2 KMT of flour to China in the 2016/17 season, or 77% more than in MY 2015/16.

The slump was accounted for by lower deliveries to countries such as Georgia, Tajikistan, Turkmenistan, Mongolia and the UAE.

Meanwhile, Russian flour exports grew up to some degree in July 2017, when 13.8 KMT of the product was shipped abroad. As before, the main destination market was China, which absorbed 8.8 KMT of Russian flour (64% of its total exports at the time).

 

UkrAgroConsult

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