Export of fat and oil products from Chuvashia, Russia increased 1.7 times

Published 2021년 4월 27일

Tridge summary

Since the start of the year, Russia has experienced a 41% increase in fat and oil product exports, reaching nearly $1.9 billion out of a total agricultural export of $7.6 billion. In March, oilseed and processing product exports from Russian ports surged by 1.4 times, with sunflower oil, sunflower meal, and sunflower seeds making up the majority of the shipments. The main export destinations were Turkey, China, and Iran. Companies from the Chuvash Republic also saw a 1.7 times increase in oilseed exports for April 18, 2021, compared to the same period in 2020, with the main exports going to Poland, Germany, Ukraine, and the Czech Republic.

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

Original content

According to the Agroexport center, since the beginning of this year, the most significant growth was shown by the export of fat and oil products from Russia (+ 41% over the same period last year). This figure reached almost $ 1.9 billion (out of $ 7.6 billion in total exports of agricultural products). In March, the export of oilseeds and their processing products from the ports of Russia increased by 1.4 times According to the results of monitoring shipments from sea and river ports of Russia, for the period from March 1 to March 31, 2021, 649.3 thousand tons of oilseeds and their processing products were shipped, which is 1.4 times higher than in February (460.6 thousand t taking into account the actualization of the data). Including shipped: sunflower oil - 434 thousand tons, sunflower meal - 113 thousand tons, sunflower seeds - 5 thousand tons. Key export destinations were Turkey (206.4 thousand tons), China (72.5 thousand tons). tons) and Iran (48.3 ...

Source: Oilworld