Production and export of rapeseed oil is growing in Russia — Ministry of Agriculture

Published 2025년 4월 29일

Tridge summary

The Russian oil and fat industry is a crucial component of the country's agro-industrial sector, with a notable 25% increase in rapeseed oil production in the first quarter compared to the previous year. Russia is the second-largest exporter of rapeseed oil globally, accounting for 7% of the world's oil and fat product supplies. State support measures, such as preferential lending and transportation subsidies, have been instrumental in enhancing exports. The expansion of rapeseed cultivation areas and record production levels, coupled with high demand for rapeseed meal, underscore the industry's growth potential. With domestic consumption far outpaced by production, exports are a key growth avenue, with positive export trends anticipated to continue into 2025.

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

Original content

The country ranks second in the world in terms of deliveries of this product abroad The oil and fat industry is one of the drivers of the Russian agro-industrial complex. The production of oilseeds and their processed products is steadily increasing. In particular, 382 thousand tons of rapeseed oil were produced in the first quarter of this year, which is a quarter more than in the same period last year. Such dynamics make it possible to increase the export of this product: in January-March, it increased by a third in physical terms and by one and a half times in value terms compared to the 2024 level. This was reported by the Ministry of Agriculture of the Russian Federation. The department emphasized that, in general, Russia provides approximately 7% of the world's physical supplies of oil and fat products and ranks second in rapeseed oil exports among all countries. State support measures contribute to the implementation of the export potential. The federal project "Export ...

Source: Specagro