In monetary terms, fat and oil products produced in Russia were exported for record amounts - more than 7 billion US dollars. In physical terms, the volume may exceed 7.5 million tons “This year, the export of the industry has noticeably“ gained ”in value terms due to a strong increase in prices on the world market. If last year we exported $ 5 billion, today - more than 7. Real production of fat and oil products by the end of the year dropped by 7%. The reasons for the reduction were the low sunflower harvest in 2020 and the speculative restraint of sales of oilseeds of the new crop by agricultural producers at the beginning of the 2021/2022 season, ”said Mikhail Maltsev, executive director of the Russian Fat and Oil Union.