Turkey and Russia Expand Trade Corridor via Black Sea Grain Hub

Grain Trade

Turkey and Russia have agreed to expand their Black Sea grain trade corridor with new port infrastructure and dedicated shipping lanes, targeting 80 million tonnes annual capacity.

Infrastructure

• New deep-water grain terminal at Novorossiysk (capacity: 25 million tonnes)
• Turkish processing hub at Mersin port
• Dedicated bulk carrier fleet of 40 Panamax vessels
• Total investment: $4.2 billion (Russia 60%, Turkey 40%)

Market Context

Russia exported 52 million tonnes of wheat in 2025, maintaining its position as the world's largest wheat exporter. The expanded corridor will also handle barley, corn, and sunflower oil.