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    Home > Food News > Food Articles > The export volume of rapeseed oil from Russia to China increased by 47% year-on-year in the first four months of this year

    The export volume of rapeseed oil from Russia to China increased by 47% year-on-year in the first four months of this year

    • Last Update: 2021-05-31
    • Source: Internet
    • Author: User
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    Russian Satellite News Agency, Moscow, May 26.
    According to the website foodmate.
    net/tag_1364.
    html" class="zdbq" title="Ministry of Agriculture related food information" target="_blank">of the Federal Agricultural and Industrial Complex Product foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">Export Development Center of the Russian foodmate.
    net/tag_1364.
    html" class="zdbq" title="" target="_blank">Ministry of Agriculture , Russia exported 118,000 tons of foodmate.
    net/tag_166.
    html" class="zdbq" title="" target="_blank">rapeseed oil to foodmate.
    net/tag_5027.
    html" class="zdbq" title="China related food information" target="_blank">China in the first four months of 2021 , an increase of 47% over the same period last year.
    foodmate.
    net/tag_166.
    html" class="zdbq" title="Rapeseed oil related food information" target="_blank">
     
    The announcement pointed out that compared with the same period in 2019, Russia's rapeseed oil exports to China (128 million US dollars) in the first four months of 2021 increased by 79%.
    According to the announcement, China will be Russia's largest importer of rapeseed oil in 2019 and 2020.
     
      The world's third-largest vegetable oil for rapeseed oil consumption, the top two are palm oil and soybean oil.
    Russia has a bumper rapeseed harvest in 2020, which has become the main factor driving the growth of Russian rapeseed oil exports.
     
      According to data from the International Trade Center Trade Map (ITC Trade Map), in 2020, rapeseed oil imports from countries around the world will increase by 14% year-on-year to reach US$7.
    7 billion.
    In terms of import value, China is the world's largest importer of rapeseed oil (1.
    64 billion U.
    S.
    dollars), followed by the United States (1.
    59 billion U.
    S.
    dollars), and the Netherlands (828 million U.
    S.
    dollars) in third place.
    foodmate.
    net/tag_1364.
    html" class="zdbq" title="Ministry of Agriculture related food information" target="_blank">Ministry of Agriculture foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">exports foodmate.
    net/tag_5027.
    html" class="zdbq" title="China related food information" target="_blank">Chinese foodmate.
    net/tag_166.
    html" class="zdbq" title="Rapeseed oil related food information" target="_blank">rapeseed oil
     
      The announcement pointed out that compared with the same period in 2019, Russia's rapeseed oil exports to China (128 million US dollars) in the first four months of 2021 increased by 79%.
    According to the announcement, China will be Russia's largest importer of rapeseed oil in 2019 and 2020.
     
      The world's third-largest vegetable oil for rapeseed oil consumption, the top two are palm oil and soybean oil.
    Russia has a bumper rapeseed harvest in 2020, which has become the main factor driving the growth of Russian rapeseed oil exports.
     
      According to data from the International Trade Center Trade Map (ITC Trade Map), in 2020, rapeseed oil imports from countries around the world will increase by 14% year-on-year to reach US$7.
    7 billion.
    In terms of import value, China is the world's largest importer of rapeseed oil (1.
    64 billion U.
    S.
    dollars), followed by the United States (1.
    59 billion U.
    S.
    dollars), and the Netherlands (828 million U.
    S.
    dollars) in third place.
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