Russia: For 5 months, rapeseed oil was exported from the Altai Territory in the amount of 12.8 million dollars

Published 2021년 6월 9일

Tridge summary

The Altai region has seen significant activity in agricultural exports from January to May, with a total value of USD 138.6 million. The exports were dominated by oilseeds, fruits, cereals, and fats and oils. Notably, these exports included over 10 thousand tons of rapeseed oil, which fetched around USD 12.8 million, making China its primary consumer. Other vegetable oils like sunflower and linseed oil also found demand in markets such as Afghanistan, Uzbekistan, Turkmenistan, Mongolia, Kazakhstan, Belarus, and Germany. Despite rapeseed oil accounting for only 3.5% of Russia's total animal and vegetable fat exports, and sunflower oil 0.45%, Altai's production plays a significant role in meeting domestic and international demand.

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

Original content

Altai rapeseed oil accounts for 3.5% of all-Russian foreign supplies of this product The export of agricultural products and foodstuffs from the Altai Territory in January-May of this year amounted to USD 138.6 million. In the export structure, the first place is taken by oilseeds and fruits, including other seeds and grain - USD 30.4 million. Cereals are in second place - USD 28.0 million. The third place is taken by fats and oils of animal and vegetable origin and their breakdown products - USD 25.6 million. In particular, supplies of vegetable oils and oil cakes abroad amounted to USD 25.4 million (an increase of 21.0% compared to the same period last year). Altai rapeseed oil is in the lead in the structure of vegetable oils shipments: over 10 thousand tons of it was exported within five months, amounting to about 12.8 million US dollars. The main buyer of these products is China. Altai sunflower and linseed oils are also popular with importers. During this period, 8.0 ...

Source: Specagro