Kazakhstan will introduce an export duty on sunflower seeds for 100 euros per ton

Published 2022년 12월 6일

Tridge summary

The Ministry of Trade and Integration of Kazakhstan is planning to impose a 20% export duty on sunflower seeds, with a minimum of 100 euros per ton, in an effort to increase the loading of oil refineries and enhance the export of processed agricultural products. This measure is expected to be implemented within two weeks. However, there are no plans to restrict the export of sunflower oil. In 2021, Kazakhstan exported 148 thousand tons of sunflower seeds, primarily to China and Uzbekistan, and 60 thousand tons of sunflower oil, with the majority going to Uzbekistan and Tajikistan.

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

Original content

To limit the export of sunflower seeds through the introduction of an export duty of 20% of the value of the cargo, but not less than 100 euros per ton, the Ministry of Trade and Integration of Kazakhstan proposes. At the moment, export prices for Kazakh sunflower seeds for the countries of Central Asia (DAP Saryagash) are about $530. The fee is expected to be introduced within two weeks. At the same time, there are no plans to limit the export of sunflower oil. The Ministry of Trade believes that this measure will increase the loading of oil refineries and increase the export of processed agricultural products. At the end of 2021, Kazakhstan exported 148 ...

Source: UkrAgroConsult