Russia: In January-May, the Tambov region increased the export of sunflower oil by 30%

Published 2024년 6월 28일

Tridge summary

The Tambov region has seen a 30% increase in sunflower oil exports in the first five months of 2024, amounting to $16.9 million, compared to the same period in 2023. This growth is supported by seven large enterprises in the region that export to nine countries, including Turkey, Uzbekistan, and China. The Tambov region is focusing on increasing the share of high added value products in its exports, as part of its strategic objectives and has seen growth in its vegetable oil exports.

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

Original content

In January-May 2024, the Tambov region supplied sunflower oil worth $16.9 million to foreign markets, which is 30% more than in the same period in 2023, said the head of the Tambov region Maxim Egorov. “Seven large enterprises are engaged in the processing of sunflower seeds in the region. Their products are in demand in nine countries, including Turkey, Uzbekistan and China. Today, our enterprises are confidently increasing processing capacity and increasing export potential, increasing the level of competitiveness of products in world markets,” he wrote the head of the region in his telegram channel on Thursday. According to the press service of the regional government, currently one of the strategic objectives of the region is to increase the share of products with high added ...

Source: Milknews