Another blow to the Russian economy. Key exports flies down


According to the estimates of the head of the Analytical Center Rusagrotrans Igor Pawenksi The decrease in wheat exports from Russia in terms of year on year will be 25.2 percent. – This indicator will drop to 41.5 million t. In August and 2024, the volume of the export was higher than last year, but from January 2025 it fell sharply. In January-April, the export of Russian wheat decreased by 40 percent. In terms of year-on-year, and in March-April fell by 60 percent. -results from the estimates of the Director of the Competence Center in the Agricultural and Industrial Complex Recsooft Consulting Dmitry Krasnov.
Among the main reasons for the decrease in wheat exports, Krasnow mentioned CHRT decrease and low reserves of grain in Russia's export regions. Another interlocutor of the “Kommiersant” newspaper specified that the wrestling of wheat is available in the regions of the vocation, but their transport is unprofitable due to the high charges for transport by rail.
According to estimates, the expected harvest of wheat during the 2024/25 agricultural season is 82.6 million t (a decrease by approx. 16 % in terms of year on year). Last year, approx. 10 million t -wheat rotten in granaries due to the lack of adequate processing power for proper storage.
According to the Director General of the Agricultural Holding, Step Andrey Nedużko, the reduction of wheat harvesting is associated with the limitation of the cultivation area (previously “Kommersant” wrote that farmers are switching to more profitable crops of rapeseed, sunflower and legumes).
According to Rosstat, the area of wheat crops this year reached the lowest level in six years: last year, the share of this cultivation decreased from 36.5 percent. up to 35.4 percent, i.e. by 1.2 million ha.
Wheat is the majority of total cereal exports from Russia, which is one of the main sources of income for the budget. In 2023, he brought a Russian economy $ 15.5 billion. (PLN 58 billion).




