Russia: New Formula for Calculation of Wheat Export Duty Adopted

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, Moscow   |   (011-7-495) 728-5222

In accordance with Government Resolution No. 513 of May 28, 2015, as of July 1, 2015, Russia will start using a special formula for the calculation of the wheat export duty. The export duty will be 50 percent of export value minus 5,500 rubles per 1 metric ton (MT), but not less than 50 rubles per 1 MT.

Russia: New Formula for Calculation of Wheat Export Duty Adopted

Exporting, Regulations & Requirements
Europe and Eurasia, Russia
Grains, Feeds and Fodders, Wheat

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