Russia to supply 542,000 tons of sunflower oil to China in the first 10 months of 2024


Russia supplied 542,000 tons of sunflower oil to China in the first 10 months of 2024, the Russian Center for Development of Agricultural Exports said.

During this period, 13% of Russian sunflower oil was exported to China. China became the third largest importer of Russian sunflower oil in the first 10 months of the year, with India (43%) and Turkey (15%) being the top two.

In the first 10 months of 2024, Russia exported more than 4.66 million tons of sunflower oil.

In June this year, the Russian Center for the Development of Agricultural Exports said that in 2023, the bilateral trade volume of agricultural products, raw materials and foodstuffs between Russia and China increased by 33.9% to $11.1 billion (9.4 million tons). Chinese exports of agricultural products, raw materials and foodstuffs to Russia grew by 5.8% to $2.3 billion (1.2 million tons). Russian exports of agricultural products to China grew 1.7 times in six years.

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