Russia Wheat Market Insights
Table of Contents
Russia wheat export quantities
The amount of wheat exported by Russia in 2020 was 37,723,648 metric tonnes. In 2019 Russia exported 31,886,133 tonnes of wheat. Through 2019 alone, the interest in Russia wheat (cereals/grains category) has shrunk, flactuating by -27.531 pc compared to the year 2018. Between 2017 and 2019, wheat's exports went down by -3.53 pc earning the country US$6,451.95m for the year 2019. Russia's wheat exports are classified as:
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Wheat gluten, whether or not dried (HS code 110900)
- Durum wheat (HS code 100110)
- Durum wheat seed for sowing (HS code 100111)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Wheat (excl durum) & meslin (HS code 1001Xb)
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Russia wheat export values
In 2019, Russia supplied wheat costing 6,451.95m USD, a drop of -23.99% from 2018's total wheat export of 8488.203m USD. The annual reduction in value of Russia wheat between 2017 to 2018 was 45.562 percent.
The per year variation in the volume of Russia's wheat exports between 2017 and 2019 was -3.53 per cent compared to a variation of -27.531% in the period between 2018 and 2019.
Russia's stake of the world's total wheat's exports in 2019 was less than 1%. The country holds position 59 in world exports of wheat.
Export markets for Russia wheat ( in '000$ )
Russia's leading destinations for wheat are Bangladesh, Nigeria, Tanzania, Kenya and South Africa.
Import/Export Trends
Russia is a net exporter of wheat. The annual growth of Russia wheat in value between 2015 to 2019 was -21%, per year, while annual growth in quantity during the same period was %, per annum.
Russia bought 186,504 tonnes of wheat in 2019.
Production
The production of wheat in Russia was 595,621,504 tonnes in 2019 and is projected to change by an average of 3.21%. The country had approximately 220,468,928.00 hectares under wheat cultivation.
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Production of other produce in the Cereals/Grains category in Russia: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed and Fonio.
See the production of wheat in other countries across Europe : Georgia wheat, Albania wheat, Belarus wheat, Bosnia and Herzegovina wheat, Bulgaria wheat, Croatia wheat, Czech Republic wheat, Estonia wheat, Greece wheat and Hungary wheat.