Russia, the top global exporter of peas, announced a fixed 5 percent export duty on peas, chickpeas, and lentils starting January 1. This reduction, down 30 percent from the earlier flexible duty of up to 7 percent, is expected to stimulate exports and clear unsold stockpiles.
The move holds significant implications for India, one of the world’s largest consumers of pulses. With rising demand for lentils and chickpeas, reducing export duties could help Indian importers source pulses at more competitive prices. Indian buyers have traditionally relied on Russian pulses to meet domestic needs, especially during supply fluctuations.
Sergei Pluzhnikov, head of Russian Pulses Analytics, emphasised that the fixed tariff would reduce uncertainty, encouraging smoother trade. Russia’s increased focus on pulses, driven by farmers shifting from wheat, could further enhance its appeal as a key supplier for India’s growing market.