According to APK-Inform, Russia exported record 1.3 mln tonnes of soybean in 2019/20 MY, up 59% compared to 2018/19 MY and up 47% compared to the previous high set in 2017/18 MY (895 thsd tonnes).
The main growth was accounted for higher shipments to Belarus (up 11 times), Iran (no export in 2018/19 MY) and Turkey (up 4 times).
China remained the key importer of Russian soybean with the share in the total export volume at 60% (783 thsd tonnes).