Kazakhstan Enters Global Top 10 for Sunflower Oil Exports
Photo: Elements.envato.com, ill. purposes
Kazakhstan has become one of the top sunflower oil exporters globally, according to the Ministry of Trade, Orda.kz reports.
Based on 2024 data, Kazakhstan ranked eighth in the world for sunflower oil exports, marking its first entry into the top 10.
Over the past three years, the production of sunflower oil in the country has increased by 2.5 times, exports by 4.8 times, and imports of packaged oil have decreased by 11%,
the Ministry said.
Kazakhstan also ranked among the top three suppliers of sunflower meal to the European Union.
Export revenue from the sale of oils, meal and cake last season reached 562 million US dollars. In the coming years, Kazakhstan plans to increase this figure to a billion dollars annually,
the Ministry stated.
According to ReportLinker, Kazakhstan also placed tenth globally in sunflower oil production in 2024, accounting for about 1.5% of total world output. Ukraine and Russia remain the industry leaders, contributing a combined 56.2%—29.9% from Ukraine and 26.3% from Russia.
Original Author: Igor Ulitin
Latest news
- Russia Temporarily Blocks Kazakhstan's Grain Transit, Threatening Flax Exports to Europe
- Assets of Businessman Dulat Kozhamzharov Seized Following Halyk Bank Claim
- Georgian Opposition Calls December 6 March Over Alleged Use of Chemicals at 2024 Protests
- Severe Smog Covers Oskemen
- Fire and Structural Damage Reported at Grozny City Tower Amid Drone Threat
- Pashinyan Says Foreign Influence Networks Exposed
- Kazakhstan-Based Lukoil Assets Could End Up in Hungarian Hands
- Strong Tenge Pushes Some Banks to Temporarily Stop Issuing Dollars
- Investigation Links Baimsky Project to Nazarbayev's "Wallet," Vladimir Kim
- Three Kazakhstani Nationals Arrested in Georgia Over Alleged 10,000-Ton Oil Theft
- Turkistan Region Contract for 100 Million Tenge Video Project Triggers Scrutiny
- Gennady Golovkin Becomes First Kazakhstani Honored by the International Boxing Hall of Fame
- Former Majilis Deputy Says She Was Stripped of Mandate After Criticizing Authorities
- Mangystau Authorities Investigate Death of Worker Who Fell Into Elevator Shaft
- Golovkin at World Boxing: How Kazakhstan and Saudi Arabia Are Building a New Power Structure in Boxing
- Taraz: Sentences Extended for Defendants in Group Sexual Assault Case
- Taliban Carry Out Public Qisas Execution After Teenager’s Family Killing
- CITIC Construction Responds to Activist’s Claims Over Almaty–Oskemen Highway Quality
- Kazakhstan Proposes New Law Tightening Control over Anonymous Channels
- Senate Withdraws Content Regulation Amendments Amid EU Concerns
