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Growth in exports of oilseeds and vegetable oils in Russia in 2023: new opportunities for Russian agriculture
Oilseeds
Import
Export
agricultural products
Sunflower

Growth in exports of oilseeds and vegetable oils in Russia in 2023: new opportunities for Russian agriculture

The growth of export for oilseed crops and vegetable oils in Russia in 2023 indicates an increasing demand for these products in the international market. Sunflower is the main oilseed crop in Russia, and its harvest has reached a new record. India and China have become the main importers of sunflower oil from Russia, and other countries have also increased their purchases. This indicates a growing demand for Russian sunflower oil and its competitiveness in the global market. The record harvest of soybeans and sunflower, as well as the growth of export for oilseed crops and vegetable oils in Russia in 2023, signify the development of agriculture and the improvement of its efficiency. This is a positive trend that promotes the growth of the industry and the increase in exports.

6 January 2024 6 January 2024

The growth in exports of oilseeds and vegetable oils in Russia in 2023 indicates growing demand for these products in the international market. Sunflower is one of the main oilseed crops in Russia, and its harvest has reached a new record value. The Rostov region became the leader in the gross harvest of sunflower, which also contributed to an increase in exports.

India and China have become the main importers of sunflower oil from Russia, with many other countries also increasing their purchases. This indicates a growing demand for Russian sunflower oil and its competitiveness in the world market.

In general, the record harvest of soybeans and sunflowers, as well as the growth in exports of oilseeds and vegetable oils in Russia in 2023, indicate the development of agriculture and an increase in its efficiency. This is a positive trend that contributes to the development of the industry and an increase in export supplies.

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