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Moscow, Russian Satellite News Agency - The Russian Agricultural Products Export Development Center told Sputnik News Agency that China accounts for 13% of Russia's sunflower seed oil exports.
In the first eight months of 2024, the export volume of sunflower seed oil from Russia reached 3.8 million tons, an increase of about 28% year-on-year. During the same period, approximately 494000 tons of sunflower seed oil were exported to China.
China ranks third among the countries importing sunflower seed oil from Russia. India ranked first (35%) and Türkiye ranked second (14%).
The Russian Agricultural Products Export Development Center stated that the bilateral trade volume of agricultural products, raw materials, and food between Russia and China will increase by 33.9% in 2023, reaching 11.1 billion US dollars (9.4 million tons).
China's exports of agricultural products, raw materials, and food to Russia increased by 5.8% to $2.3 billion (1.2 million tons). Russia's exports of agricultural products to China have increased by 1.7 times in 6 years.