Exports of oil and fat products from Russia in 2023 increased by more than a third

Published 2024년 3월 14일

Tridge summary

Russia's exports of oil and fat products saw a significant increase in 2023, rising by over a third to 11.2 million tons, as reported by the Ministry of Agriculture. The export of sunflower oil, rapeseed oil, and soybean oil increased by 42%, 64%, and 10% respectively. These products are highly sought after in China, Turkey, Uzbekistan, the Middle East, and Africa. In 2024, Russia further boosted its export of oil and fat products by nearly 18%, reaching approximately 1.75 million tons.

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Original content

Exports of oil and fat products from Russia in 2023 increased by more than a third compared to the previous year and amounted to 11.2 million tons, the Ministry of Agriculture reported. “At the end of 2023, the volume of supplies increased by more than a third. Russia sent 11.2 million tons of oil and fat industry products to world markets,” the report says. It is clarified that the export of sunflower oil increased by 42%, rapeseed oil by 64%, and soybean oil by 10%. “Today, these products are in great demand in many countries of the world, including China, Turkey, Uzbekistan, the countries of the Middle East and ...

Source: Kvedomosti