Russia: Export of rapeseed oil from the Tomsk region tripled in 2022

Published Oct 18, 2022

Tridge summary

The Tomsk Region in Russia has seen a significant increase in agricultural exports in the first nine months of 2022, with a 1.7 times increase compared to the same period in 2021, totaling $61.4 million. The exports consisted of oil and fat products, including rapeseed oil, which increased threefold to $30.1 million, and grain, which totaled $618 thousand. The main importers of these products were China and Vietnam, with other countries like Kazakhstan and Mongolia also contributing to the demand. This increase in exports is attributed to companies in the region, with Sibirskaya Oliva LLC specifically announcing plans for higher exports in 2022.

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

Original content

In the nine months of 2022, enterprises of the Tomsk Region exported oil and fat products for $30.1 million and grain for $618 thousand, which is three times more than in the same period last year; In general, exports of agricultural products during the specified period increased by 1.7 times and amounted to $61.4 million, the press service of the regional administration reported. Earlier it was reported that in 2021, the export of agricultural products of the Tomsk region amounted to $51.4 million. Most often, China and Vietnam bought it. The producer of rapeseed oil in the Tomsk region, Sibirskaya Oliva LLC, has already announced an increase in exports of products in 2022. The main importing country is China. "According to the Agroexport Center under the Ministry of Agriculture of the Russian Federation, for the first nine months of this year, the Tomsk region exported agricultural products worth $61.4 million. For the same period in 2021, regional exports of the agro-industrial ...

Source: Oilworld