Russia sharply increases grain exports in March amid Iran war
Russia significantly boosted grain exports in March 2026 amid geopolitical tensions caused by the war in Iran and concerns over potential global supply shortages. According to the Russian Grain Union, wheat exports rose 2.1 times year-on-year to 4.6 million tons, while total grain shipments increased 2.4 times to nearly 5.3 million tons.
Corn showed the strongest growth, with exports surging 14-fold to 379.5 thousand tons. Barley shipments also rose sharply to 288 thousand tons compared to just 3.8 thousand tons a year earlier. The increase was mainly driven by stronger demand from importers amid fears of supply disruptions.
Key buyers of Russian grain significantly increased their purchases. Exports to Egypt rose 2.7 times to over 1 million tons, while shipments to Turkey grew 3.3 times to 503.7 thousand tons. Strong growth was also recorded for Sudan, Israel, Kenya, and Mozambique, with Tanzania emerging as a new destination.
At the same time, shipments to countries directly affected by the Middle East conflict declined. Exports to Saudi Arabia fell by 65%, and shipments to Iran nearly stopped. However, Iran became a major buyer of Russian corn, importing 253 thousand tons. Barley was mainly shipped to Turkey and Iran — 125.5 thousand and 65.6 thousand tons, respectively.
Overall, from July 2025 to March 2026, Russia exported 37.5 million tons of wheat, down 4.7% year-on-year. Nevertheless, total exports for the full season may exceed 45 million tons, highlighting strong shipment pace amid ongoing volatility in global markets.
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