Over the first half of the year, the growth of exports of rapeseed oil by Russia amounted to almost 56%

In the first half of this year, Russia exported rapeseed oil worth $ 376.8 million, which is 55.9% more than in the same period last year, according to the Agroexport center under the Ministry of Agriculture. In physical terms, supplies increased by 18.4% - up to 342.1 thousand tons. In 2020, exports amounted to 687.5 thousand tons, which is 2.9% higher than the level of the previous year. Export revenue increased by 13.9% to $ 586.9 million. The main buyers are China, which accounted for 43% of deliveries in value terms in 2020, as well as Norway (29.8%), Latvia (9.5%) and Lithuania (7%). As the center notes, vegetable oils are one of the key positions in the structure of agricultural exports in Russia. Despite the fact that among them the largest volume of supplies traditionally falls on sunflower oil, the export of rapeseed oil is among the top 3 products of the fat and oil industry supplied to foreign markets. Over the past 5 years, the export of this oil has ...