Since Russia’s invasion in Ukraine, Russia is continuing its growth in wheat exports, for example to Iran. At the same time, multinational agricultural trading companies have left the country, while the importance of the port of Novorossiysk for grain exports continues to increase.
The articles analyze the consequences of these changes. They show that greater market concentration and limited competition on the domestic market could put pressure on producer prices. In addition, the export tax jeopardizes the financial stability of Russian farmers. In the long term, growth in wheat production and exports could falter.
Particular attention is being paid to the impact on international markets, including the key importing countries Egypt and Turkey. The full analyses are available in the current issue 318 of the Russian Analytical Digest (RAD).
- Russia’s Wheat Exports: Recent Structural Changes and Implications (Ketevan Melkadze, Linde Götz, Miranda Svanidze, and Tinoush Jamali Jaghdani (all IAMO)
- Concentration of Russian Wheat Exports to Egypt and Turkey: Evidence from the Ports of Novorossiysk and Rostov (Oleksandr Perekhozhuk, IAMO)
- Wheat Trade between Russia and Iran: a Discontinuous Trend (Tinoush Jamali Jaghdani, Linde Götz (IAMO) and Mahdi Ghodsi (The Vienna Institute for International Economic Studies (wiiw)