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Export of sunflower oil from Russia increased by 28% in the first eight months of 2024, reaching 3.8 million tons.
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Export of sunflower oil from Russia increased by 28% in the first eight months of 2024, reaching 3.8 million tons.

Russia increased sunflower oil exports by 28% for the first time in 2024. India, Turkey, and China became the top 3 importers with shares of 35%, 14%, and 13% respectively. "Agroexport" predicts that by 2030, the export volume will reach 5.7 million tons.

1 October 2024 1 October 2024

During the first eight months of 2024, Russia exported about 3.8 million tons of sunflower oil to international markets, which is 28% higher than the indicator for the same period last year. This information was published by the "Agroexport" center at the Ministry of Agriculture of the Russian Federation in its Telegram channel.

According to the data, India (with a share of 35% of the total export volume), Turkey (with a share of 14%), and China (with a share of 13%) are the top three importers of the product for the specified period.

The message emphasizes that "Agroexport" has conducted a preliminary forecast, according to which by 2030, the volume of Russian sunflower oil supplies to the global market could reach 5.7 million tons.

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