Russia brought its wheat export to the level of 2020 despite the sanction pressure from the EU. It has been reported Bloomberg With reference to sources in the European Union.
According to the agency, the return to such indicators was possible largely due to re-exports to the Russian Federation from “friendly” states. For example, from the CIS countries and China.
According to the analytical platform Logistic OS, Russia has increased its wheat supply. Compared to last year, they almost doubled in January and February 2023. In turn, shippers overcame some of the financing and insurance problems caused by anti-Russian sanctions.
“In January and February, sea freight of wheat reached 6.1 million tons, which is about 90% more than a year ago,” the material says.
Andrey Sizov, managing director of the consulting company SovEcon, stated that this season Russia shipped 29.5 million tons of wheat compared to 26.7 million tons a year ago.
formerly Bloomberg WroteThat Russian aviation managed to survive despite the many sanctions imposed on it.