Wheat exporters earned a record amount of money

In the first 8 months of 2023, wheat exports from the ROK reached $1.36 billion, up 23% year-on-year and the highest for this period since 2011, the World of NAN reports citing Data Hub, an analytical channel.

Impressive growth was demonstrated by the month of August - plus 138% compared to the same month of 2022, 177.7 million dollars. In general, the record is ensured by the physical growth of exports: the volume in January-August amounted to 5.2 million tons, having increased by almost half over the year.

The last time when we sold more abroad was in 2012 (about 6 million tons).

But these were figures for the grain itself, but with the product of its processing - flour - everything is worse. In terms of money, Kazakhstan sold flour worth $369.7 million, which is 12% less than in the first 8 months of 2022. Moreover, the volume increased by 12% to 1.2 million tons, that is, the products became cheaper.

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