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Russia export increases 31% in 2013-14

byghadia
01/10/2015
in Latest News
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MOSCOW: Summirizing the results of the 2014/15 season, the Russian Federation has exported 324 KMT of oilseed flax, which is 31% higher than in the 2013/14 season (247 KMT). Export growth stems from a 21% increase in gross yield, importers being interested in the crop, favorable prices and the attraction of receiving foreign currency revenue amid the instability of the ruble.

The key markets for Russian flax in the 2014/15 season became the EU (70% of total exports) and Turkey (19%).

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