Steep Decline in Russian Oilseed Exports as China Remains Key Buyer

11-Jun-2025 11:01 AM

Moscow. There has been a significant decline in the export of oilseeds and vegetable oils from Russia during the current year compared to the previous year. From January to May 2025, the total export of oilseeds from Russia dropped to 10.71 lakh tonnes, marking a 22 percent decrease compared to the same period in 2024.

According to data from a leading analyst firm, sunflower seed exports fell by 7 percent to 1.20 lakh tonnes, with more than 85 percent of this volume exported to EAEU countries. Soybean exports experienced a sharp decline of 35 percent, down to 2.68 lakh tonnes. Of this, 1.84 lakh tonnes were shipped to China, which remained the major buyer.Rapeseed exports also declined by 18 percent to 2.42 lakh tonnes, with 1.83 lakh tonnes going to Belarus and 49 thousand tonnes to China. Similarly, linseed exports fell by 15 percent to 4.22 lakh tonnes. China was again the leading importer, purchasing 3.24 lakh tonnes, followed by Belgium with 34 thousand tonnes.

Harvesting and preparation of oilseed crops in Russia is expected to begin next month, after which export volumes are likely to pick up. Russia generally places more emphasis on exporting value-added products rather than raw oilseeds. Last year, adverse weather conditions partially impacted oilseed production, but the situation this year appears more favorable. Demand for Russian oilseeds is beginning to rise, especially from China.