# Explainer: Have Western sanctions on Russia impacted its wheat exports? | Reuters

> An explainer examines whether Western sanctions have affected Russia's wheat exports. Russian wheat production has risen by more than 60% over the last decade, and many countries in Africa, the Middle East and Asia rely on Black Sea wheat for milling and feed-quality supplies.

- Date: 2023-05-11 · published 2023-05-11T12:00:00.000Z
- Category: trade · region Russia · magnitude low
- Page: https://feedsoft.ai/events/14395-explainer-have-western-sanctions-on-russia-impacted-its-wheat-exports-reuters
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Russia's large and growing wheat output keeps global supply ample, which tends to cap wheat prices.

## Read by commodity

- WHEAT: bearish ▼
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-09-25 | [Explainer: Why are Russian export prices roiling the wheat market? \| Reuters](https://feedsoft.ai/events/34139-explainer-why-are-russian-export-prices-roiling-the-wheat-market-reuters.md) | -2.7% | -1.3% |
| WHEAT | 2021-11-22 | [Russian wheat exports on the rise - The Sizov Report blog](https://feedsoft.ai/events/14532-russian-wheat-exports-on-the-rise-the-sizov-report-blog.md) | -0.1% | -3.6% |
| WHEAT | 2019-02-27 | [Russia could still export 4-5 million tons of wheat](https://feedsoft.ai/events/60447-russia-could-still-export-4-5-million-tons-of-wheat.md) | +1.3% | +5.4% |
| WHEAT | 2021-02-02 | [Record wheat exports from Russia increases pressure on prices](https://feedsoft.ai/events/48490-record-wheat-exports-from-russia-increases-pressure-on-prices.md) | +0.3% | +11.6% |
| WHEAT | 2025-01-31 | [US agricultural exports/imports threatened by Trump trade actions \| Reuters](https://feedsoft.ai/events/14689-us-agricultural-exports-imports-threatened-by-trump-trade-actions-reuters.md) | +0.2% | -0.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/have-western-sanctions-russia-impacted-its-wheat-exports-2023-05-11/
- reuters.com: https://www.reuters.com/world/europe/have-western-sanctions-russia-impacted-its-fertiliser-exports-2023-05-11/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.