The share of Russian sunflower oil, and flour won in India, lost in China

The share of Russian sunflower oil in India's total imports may reach 40%, but they are losing significant positions in the Chinese flour market. The volume of sunflower oil exports from Russia to India may increase to 40% of India's total import volume of this product in 2024, the International Sunflower Oil Association reported, adding that Russia is currently India's largest supplier of sunflower oil (the topic was recently discussed in this article). This year's sunflower harvest in Russia is about 16.5 million tons, of which the export volume from Russia to other countries, including the most important customers: India and China, will be about 4 million tons. Romania with 946,000 tons (30%), Argentina with 576,000 tons (18%), Ukraine with 278,000 tons (9%) and Turkey with 180,000 tons (6%) are also among the big sunflower suppliers. Meanwhile, Russia is losing its position as China's largest supplier of flour. So far this year, China has imported a whopping $11 million worth ...