November 10, 2011

Russia's grain exports climb over 5%

Russian export companies shipped 385,500 tonnes of grains abroad from October 31 to November 6, 2011, as against 365,800 tonnes shipped last week, which showed a weekly export growth of 5.4%.

This was according to the monitoring of APK-Inform Agency.

The deep-sea port of Novorossiysk was the main port of departure of Russian grains to foreign countries. In particular, during the reporting period the port exported 145,600 tonnes of wheat. We should note that the general number of shipments in the reporting week also included transit cargoes through Ukraine, in particular 3,200 tonnes.

Egypt (150,000 tonnes) stayed as the main importer of Russian grains, and for the first time Kenya (80,800 tonnes), Ethiopia (29,500 tonnes) and Libya (27,500 tonnes) purchased such large-scale grain volumes. In the reporting period Turkey imported 28,800 tonnes of grains only, and thus lost own position of one of the main importers of Russian grains.