Latvia becomes a top-five buyer of Russian grain, consultancy says
According to ProZerno, Latvia imported 431,700 tons of Russian grain from July to October, while Iran stayed the largest buyer.
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what happened
Latvia, an EU and NATO member, has become one of the five largest importers of Russian grain this marketing season despite strained political ties with Moscow. Consultancy ProZerno says the country took in 431,700 metric tons between July and October.
Russia is redirecting exports from the Azov-Black Sea basin to Baltic ports after shipments through its main corridor largely stalled in mid-August. Deep-water Baltic ports are now the main outlet, especially for wheat. Rusagrotrans, a railway carrier and grain analyst, estimates the Baltic route handled 65% of Russian grain exports in September.
Estonia has banned transit of Russian grain through its territory, and the Baltic states earlier this month proposed an EU-wide ban on Russian grain exports through the bloc. Iran remained the top buyer with 1.716 million tons, mainly barley and corn, while Egypt took in 1.35 million tons.
why it matters
Shifting export routes and possible EU restrictions could affect logistics and wheat and grain prices, as trade flows change faster than expected. Data source: ProZerno and Rusagrotrans, as reported by Reuters.
market impact
Grain market: route shifts and a possible EU ban may affect wheat logistics and prices
tags
instruments
sources
- Latvia emerges as top-five importer of Russian grain, consultancy says — Reuters, 20 October 2026 at 14:45 UTC
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