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Kazakhstan is increasing the supply of sunflower oil

Published Jun 15, 2022

Tridge summary

Export earnings of Kazakhstani agricultural enterprises from the sale of sunflower oil continue to grow. According to the Bureau of National Statistics, from January to March 2022, shipments of sunflower, safflower and cottonseed oil abroad amounted to $67.9 million, a two-fold increase compared to the same period in 2021. At the same time, not only the volume of deliveries is growing, but also the geography of exports.

Original content

Export earnings of Kazakhstani agricultural enterprises from the sale of sunflower oil continue to grow. According to the Bureau of National Statistics, from January to March 2022, shipments of sunflower, safflower and cottonseed oil abroad amounted to $67.9 million, a two-fold increase compared to the same period in 2021. At the same time, not only the volume of supplies is growing, but also the geography of exports. In parallel with this, the export of sunflower seeds is falling, that is, Kazakhstan is starting to sell abroad more processed products instead of “simple seeds”. The Telegram channel Tradereport.kz notes that the trend for the growth of foreign supplies of Kazakhstani sunflower oil continued in April as well (more recent statistics are not yet available). Thus, export earnings from its sale since the beginning of the year reached 99.1 million dollars, and this is also more than twice the level of last year. In physical terms, exports increased by 65% to 72.7 ...
Source: Oilworld
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