In the first half of the year, Turkmenistan increased purchases of vegetable oil in Russia by 8 times

Published 2020년 8월 24일

Tridge summary

Between January and June of 2020, Russia experienced a significant surge in palm and sunflower oil exports to Turkmenistan, with volumes increasing by 8.1 times compared to the same period in the previous year. Palm oil exports rose to 240.6 tons, valued at $222.382, marking a 5.7-fold increase, while sunflower oil exports reached 20,000 tons, valued at $17.339 million, indicating a 2.4-fold increase. Additionally, Russia exported 2.7 tons of olive oil and 54 tons of soybean oil to Turkmenistan and imported 1,200 tons of soybean oil from Belarus. This period also saw an alleviation of the vegetable oil shortage in Turkmenistan, with the country importing Russian brand 'Sloboda' sunflower oil to address the supply issue.

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Original content

08/24/2020 In the first six months of 2020, exports of palm and sunflower oils from Russia to Turkmenistan increased 8.1 times compared to the same period last year, Trend News Agency reports citing statistics from the Eurasian Economic Commission. Palm oil was supplied to 240.6 tons, which is 5.7 times more than a year earlier in the amount of $ 222.382 - 5.4 times more. Sunflower oil was delivered 20 thousand tons - 2.4 times more than last year, in the amount of $ 17.339 million - 2.3 times more. Olive oil delivered 2.7 tons worth $ 6,480. 54 tons of soybean oil worth $ 51.376 were imported from Belarus. Recall that from March to May 2020, there was an acute shortage of vegetable oil in ...

Source: Oilbranch