ANNOUNCEMENT 29 Jun 2022

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

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Interfax (29.06.2022), "Экспортная пошлина на пшеницу из РФ с 29 июня повышена до $146,1 со $142 за тонну". Retrieved on 29.06.2022: http://interfax.az/view/870657

Inception date: 29 Jun 2022 | Removal date: 05 Jul 2022

Export tax

On 29 June 2022, the Ministry of Agriculture of the Russian Federation announced increases in export duties of wheat and corn.

According to the Ministry, the export duty on wheat will increase from USD 142 per ton to USD 146.1 per ton. Additionally, the export duty on corn will increase from USD 86.5 to USD 88.7 per ton. 

The updated duty rates will be enacted on 29 June 2022 and will be in effect until 5 July 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.

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