EU countries have slightly reduced weekly exports of rapeseed oil

Published Apr 9, 2021

Tridge summary

The European Commission has reported a slight decrease in the EU's rapeseed oil exports, with figures now standing at 24.3 thousand tons, down from 33.9 thousand tons the previous week. The majority of these exports were made by the Netherlands, Belgium, and Denmark. Since the start of the current season, the EU has exported 443.1 thousand tons of rapeseed oil, three times the amount from the previous season. Germany, Belgium, and the Netherlands were the main contributors to these exports. There has also been a increase in shipments to China, reaching 193.9 thousand tons, and to Norway, which received 165 thousand tons.

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

Original content

According to the data of the European Commission, the EU countries last week (March 29 - April 4) slightly reduced the export of rapeseed oil - to 24.3 thousand tons against 33.9 thousand tons a week earlier (taking into account the updated data). As specified, during the specified period, the bulk of the product was exported by the Netherlands - 14.1 thousand tons, as well as Belgium - 7.5 thousand tons and Denmark - 1.7 thousand tons. Since the beginning of the current season (July 1 - April 4), the export of rapeseed oil from the EU has been estimated at 443.1 thousand tons, which is 3 times higher than in the same period last season - 142.9 thousand tons. At the same time, almost 30% of exported products were shipped from Germany (123.8 thousand tons), another 25% - from Belgium (111.9 thousand tons) and 22% - from the Netherlands (99.5 ...

Source: Oilworld