Russia’s Wheat Exports Reach 2020 Levels Amid Sanctions Pressure

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Russia has managed to restore its wheat export levels to those seen in 2020 despite the intensified sanctions environment in the European Union. This recovery has been noted by Bloomberg, which cited sources within the EU proving the trend.

Observers point out that the rebound owes much to re-exports routed through countries labeled as friendly by Moscow, with shipments moving via CIS states and China. This pattern helped cushion the sector against the fiscal and insurance hurdles created by sanctions, enabling a steady stream of trade to continue.

Data from the analytical platform Logistic OS indicates that Russia’s wheat supply has grown, with January and February 2023 showing a near doubling compared with the same period a year earlier. Shipping firms adapted to the new constraints and found ways to secure financing and insurance despite the sanctions regime.

During the first two months of the year, sea freight of wheat reached about 6.1 million tons, a rise of roughly 90 percent from the prior year, according to the report. This uptick underscores a robust demand scenario and the resilience of supply chains amid ongoing restrictions on Russia’s trade activities.

Industry analyst Andrey Sizov, who leads SovEcon, explained that the season saw Russia export around 29.5 million tons of wheat, up from 26.7 million tons in the previous season. The growth reflects both favorable production conditions and strategic routing that helps deliver grain to international markets.

Earlier coverage suggested that Russian aviation had continued to operate despite extensive sanctions affecting its sector, illustrating how various transport modalities have been leveraged to sustain freight flows. The combined effect of these measures has allowed Russia to sustain its status as a major wheat supplier on the global stage, even in a tightly constrained sanctions environment.

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