Export of vegetable oil from Russia in 2022 decreased by 11%

For the five months of 2022, according to analysts, exports of oilseeds increased by 9% compared to the same period last year and amounted to 1.3 million tons. In January-May of this year, the volume of export of sunflower seeds amounted to 0.1 million tons, which is almost 5.5 times higher than the export of the same period last year. Almost all seeds went to the EAEU countries (97%). Exports of soybeans for the first five months amounted to 0.3 million tons. Compared to the same period of the previous year, volumes fell by 56%. The main buyer is China (0.2 million tons). The export of rapeseed for the reporting period amounted to 0.2 million tons (+58% compared to the same period last year). The entire volume was sent to the EAEU countries. The estimated export of vegetable oils for the five months of 2022 amounted to 1.9 million tons, which is 11% lower compared to the same period last year. During the reporting period, the volume of export of sunflower oil amounted to 1.3 ...