Export of oil and fat products from Russia has grown by 15% since the beginning of the year

Published 2022년 2월 11일

Tridge summary

As of February 6, 2022, Russia's agricultural exports have seen a significant increase, reaching $2.09 billion, which is a notable rise from the previous year. The majority of this growth is attributed to a 15% increase in the export of oil and fat products, which now stand at $529 million. The European Union leads as the primary importer of these products, followed by Turkey and Egypt. China and Norway complete the top five list of buyers, indicating a diverse global demand for Russian oil and fat products, with sunflower oil, cake and meal, soybean oil, rapeseed oil, and margarine being the main commodities exported.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The sale of agricultural products from the Russian Federation to foreign markets, as of February 6, 2022, amounted to $2.09 billion. on the same date last year. The main volume of exports falls on the supply of oil and fat products, which have grown by 15% since the beginning of the year - from $449 million (February 6, 2021) to $529 million. In the first place among the buyers of Russian oil and fat products are the EU countries, which imported $119 million in 2022. Turkey is next with $114 million. Traders from Egypt close the top three - they purchased domestic oil and fat products in the amount of $56 million. China ranks fourth with $50 million. ...

Source: Milknews