Domestic Economy

Iran Becomes Leading Grain Importer From Russia

Iran Becomes Leading Grain Importer From Russia
Iran Becomes Leading Grain Importer From Russia

Iran became Russia's largest grain importer by purchasing 3.7 million tons of grain in the current agricultural year (July 1, 2021-June 30, 2022), according to analytical company Prozerno.
"For the first three months of the new season 2021-22, exports to Iran from Russia amounted to 3.697 million tons of grain, including 3.091 million tons of wheat, 392,600 tons of barley, 215,300 tons of corn. Thus, Iran occupied top place not only among the importers of Russian wheat and corn, but also in the overall standings for all grain types," the statement said.
Experts estimate that Turkey purchased 3.523 million tons of Russian grain, including 2.87 million tons of wheat, 569,200 tons of barle, and 73,100 tons of corn. Egypt came in third place with 1.69 million tons of wheat, TASS reported.
The Russian Ministry of Agriculture reported earlier that grain exports in the 2021-22 agricultural year decreased by 21.3% and amounted to 13 million tons as of Oct. 14. At the same time, the volume of wheat exports for the season decreased by 18% and amounted to 11.1 million tons, barley dipped by 34.9% to 1.5 million tons and corn fell by 56.5% to 0.2 million tons.
According to the forecast of the Russian Ministry of Agriculture, for the current agricultural year, grain exports may amount to 45-48 million tons. Agricultural exports from Russia amounted to 48 million tons in 2020-21, including 38.4 million tons of wheat.

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