Source: Oleoscope (Russia)
As per the projections from the experts at the federal center “Agroexport,” Russia’s exports of rapeseed oil to international markets exceeded 170 thousand tons in January 2025. This figure represents a nearly twofold increase in comparison to the same month in 2024.
The leading three countries importing this product in terms of volume are:
- 1st – China (91%)
- 2nd – Latvia (6%)
- 3rd – Norway (2%)
OleoScope reported that from September to January in the 2024/2025 season, rapeseed oil exports totaled 619 thousand tons, reflecting a 3% rise compared to the 2023/2024 season. Over 90% of these exports were directed to China. Previously, market analysts indicated that the demand for rapeseed oil is expected to remain strong in both the near and distant future.