ANNOUNCEMENT 15 Apr 2022

In April 2022, the Ministry of Agriculture of the Russian Federation announced amendments to export duties on wheat, barley, and corn.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Morskie Vesti Rossii (15.04.2022). "Экспортная пошлина на пшеницу из РФ с 20 апреля повысится до $110,7 за тонну". Retrieved on 22.04.2022: http://www.morvesti.ru/news/1679/95106/

Inception date: 20 Apr 2022 | Removal date: 26 Apr 2022

Export tax

On 15 April 2022, the Ministry of Agriculture of the Russian Federation announced increases in export duties of wheat and barley.

According to the Ministry, the export duty on wheat will increase from USD 101.4 per ton to USD 110.7 per ton. Additionally, the export duty of barley will increase from USD 75.4 to USD 76 per ton.

The updated duty rates will be enacted on 20 April 2022 and will be in effect until 26 April 2022. The Ministry notes that the fees are calculated based on indicative prices of the commodities in question.

For previous values, see related state act.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 20 Apr 2022 | Removal date: 26 Apr 2022

Export tax

On 15 April 2022, the Ministry of Agriculture of the Russian Federation announced a decrease in the export duty of corn.

According to the Ministry, the export duty on corn will decrease from USD 70.6 per ton to USD 66.1 per ton. The updated duty rate will be in effect from 20 April 2022 until 26 April 2022. The Ministry notes that the fee is calculated based on the indicative price of the commodity in question.

For previous values, see related state act.