Export of vegetable oil from Kuban decreased by 29.5% in a year: reasons and consequences.
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Export of vegetable oil from Kuban decreased by 29.5% in a year: reasons and consequences.

The Krasnodar Region exported 414.5 thousand tons of vegetable oil during January-September 2024, which is 29.5% less than last year. The export amount totaled 368.1 million dollars, decreasing by 42%.

The volume of oil production in Kuban increased by 14.8%, exceeding 20% of the total Russian production.

8 October 2024 8 October 2024

According to information published by "Delovoy Gazeta.Yug" with reference to the press service of the Ministry of Agriculture of Kuban, enterprises of the Krasnodar Territory exported 414.5 thousand tons of vegetable oil from January to September 2024. This volume is 29.5% less than in the same period last year, when 588.3 thousand tons of oil were exported.

In monetary terms, the export volume amounted to 368.1 million dollars for the 9 months of the current year, which is 42% less than the previous year when oil worth 639.4 million dollars was exported. The main importers of the volumes are China, Georgia, and Turkey.

Earlier, RBC Krasnodar reported that the volume of vegetable oil production in Kuban for the current period reached 851.7 thousand tons, which is 14.8% more than in the same period last year. The Krasnodar Territory also exceeded the mark of 20% of the total Russian production of vegetable oil.

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