Source: Oleoscope (Russia)
The European Union recently enacted new tariffs on agricultural products and fertilizers. These goods originate from Russia and Belarus. The move aims to reduce the EU’s dependence on these suppliers. Moreover, the tariffs will impact the competitive landscape.
New Russian and Belarusian Farm Goods Tariffs: Details of the Measures
On July 1, 2025 the EU Council implemented these significant tariffs. As a result, import duties have increased substantially. Specifically, the duties now stand at €95 per tonne for cereals. Furthermore, the duty for oilseeds has risen to €50 per tonne. These measures directly target key agricultural exports. Consequently, the economic impact will be felt by Russia and Belarus.
The new tariffs also affect fertilizers. The duties now apply to these essential agricultural inputs. This could impact farmers across the EU. However, the EU aims to diversify its supply chain. Moreover, the intention is to support domestic producers.
These Russian and Belarusian farm goods tariffs do not apply to goods transiting through the EU. Specifically, this exemption helps maintain global food security. In addition, the EU emphasizes its commitment to avoid disruptions.
Here’s a breakdown of the tariff increases:
- Cereals: €95 per tonne
- Oilseeds: €50 per tonne
Potential Consequences of the EU’s Decision
The EU anticipates several outcomes from these tariffs. Firstly, a reduction in reliance on Russian and Belarusian agricultural products. Secondly, increased support for EU farmers is expected. Finally, a strengthening of the EU’s internal market could occur.
The Commission predicts the tariffs will significantly decrease imports. As a result, revenue streams for Russia and Belarus will likely be reduced. Furthermore, these actions underscore the EU’s stance on geopolitical issues.
In conclusion, the introduction of these tariffs represents a major shift. It will impact agricultural trade flows. Besides, it sends a clear message regarding the EU’s trade policy.
