“The Russian government has fixed export duty at 5% to increase pulse exports”/
But will it be profitable?

Sergey on the export duty change

• Decree number 1929 became effective on January 1, 2025, and affects the three main pulses – all types of peas, desi and kabuli chickpeas and both red and green lentils. 

• The essence of the resolution is that the Russian Government has replaced the floating export duty with a fixed rate of 5%. The floating export duty had ranged between 4% to 7% of the contract amount depending on the USD/Ruble exchange rate.