One of the provinces of China is interested in importing Kazakh fat and oil products

Published 2024년 2월 13일

Tridge summary

The Chinese province of Sichuan is looking to import fat and oil products from Kazakhstan, including sunflower and safflower oil, soybeans, and animal feed waste. This comes after a 30.1% increase in trade turnover between the two nations in 2023, reaching $31.5 billion. Kazakh agricultural and food products, such as sunflower oil, grain, flour, and flax seeds, have seen a significant rise in demand in China. The export of Kazakh fat and oil products to China could surpass 200 thousand tons in 2024.

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Original content

The Chinese province of Sichuan is interested in importing Kazakhstani fat and oil products: sunflower and safflower oil, soybeans, cake and other waste for animal feeding. This was reported by the press service of QazTrade JSC. As noted in QazTrade, at the end of 2023, trade turnover between the Republic of Kazakhstan and China increased by 30.1% compared to the previous year and reached $31.5 billion. Exports of Kazakhstani products to China increased by 12.6% and amounted to $14.7 billion. Kazakh agricultural products and food products are in greatest demand in China. “In 2023, Kazakhstan significantly increased the supply of sunflower oil, grain and flour, flax seeds, waste from processing cereals and ...

Source: Oilworld