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Georgian wheat imports from Russia down

Georgia Materials 13 October 2021 15:34 (UTC +04:00)
Georgian wheat imports from Russia down

BAKU, Azerbaijan, Oct. 13

By Maryana Akhmedova – Trend:

Georgia imported 250,033 tons of wheat worth $58.6 million from January through August 2021, compared to 314,588 tons worth $68.8 million in the same period of 2020, Trend reports via Georgian media.

Georgian imported wheat only from Russia in 2020, while in 2021 it also started importing wheat from Kazakhstan and the US.

Moreover, wheat imports from Russia have decreased by 90,900 tons this year. Georgia imported 223,677 tons of Russian wheat from January through August 2021, compared to 314,588 tons over the same period of 2020. Wheat imports from Kazakhstan amounted to 2,000 tons, and to 24,355 tons from the US.

Georgia is taking the first steps in importing wheat from the US on a hedging basis, and, in order for this to be widespread, market stability is essential, Levan Silagava, chairman of the Georgian Association of Wheat and Flour Producers, said.

"The decrease in wheat imports is mostly due to the increase in flour imports,” he added.

Georgia imported 12,421 tons of flour from January through August 2021, compared to 7,494 tons over the same period of 2020.

TOP-6 exporters of flour to Georgia:

Russia – 12,000 tons ($3.4 million);

Turkey – 138 tons ($63,300);

Italy – 77.2 tons ($61,100);

Lithuania – 40 tons ($142,100);

Austria – 44.7 tons ($28,700).

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