30 Nov 2022 15:17

Russia plans to extend ban on rice exports for first half of 2023 - draft resolution

MOSCOW. Nov 30 (Interfax) - Russia plans to extend the ban on the export of rice for the first half of 2023, according to the government draft decree posted on the website for the preparation of legal acts.

The ban is proposed to be extended to the export of rice (code 1006 of the unified TN VED of the EAEU) and rice groats (code 1103 19 500 0). It does not apply to the supply of these products to the Eurasian Economic Union (EAEU) countries.

The Agriculture Ministry has announced plans to extend the ban on rice exports in force this year in November of this year.

As reported at the end of May in an explanatory note to the draft resolution on the ban on the export of rice, the production of paddy rice in Russia is annually more than one million tonnes (2021 at 1.076.4 million tonnes; 2020 at 1.141.8 million tonnes; 2019 at 1.098.7 million tonnes). The production of rice groats in 2021 was 503,800 tonnes (in 2020 at 439,100 tonnes; in 2019 at 385,600 tonnes).

According to forecasts, the gross harvest of raw rice in 2022 was to be 1.1 million tonnes, and the production of rice groats was to be 550,000 tonnes. However, the situation was complicated by the destruction of a dam in April at the Fedorovsky retaining hydroelectric complex in the Krasnodar Territory, which is the main producer of rice in the country.