Kazakhstan's sunflower oil exports are growing, but revenues are declining

Published Sep 21, 2023

Tridge summary

From January to July, Kazakhstan sold 189.7 thousand tons of sunflower oil abroad, accounting for 54.4% of all available volumes in the country. The three main export directions remained the same, but the volumes sent to these directions increased significantly. However, despite the increase in physical exports, Kazakhstan's income from the sale of sunflower oil abroad decreased by 5.1% to $175.1 million compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the BNS ASPiR of the Republic of Kazakhstan, in January-July 189.7 thousand tons of sunflower oil were sold abroad. This is 54.4% of all volumes available in the country, reports inbusiness with reference to the Telegram channel of the First Credit Bureau Data Hub. The three main export directions did not change over the year. While the volumes sent in these directions have increased significantly. Overall the picture looks like this: As a result, these countries accounted for 95% of exports. For comparison: a year earlier they together provided 75%. But what has changed is that Türkiye and Afghanistan have disappeared from the list of key buyers. Nevertheless, the overall figure increased by ...
Source: Oilworld

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.