Imports of palm oil to Russia in May increased 2.3 times
Compared to April 2020, the supply of palm oil in May increased 1.65 times. In January-May, the volume of imports amounted to 413 thousand tons, which is 0.7% more than in the same period last year.
Imports of coconut, palm kernel oil, babassu oil and their fractions to the country increased by 37% in five months to 44.8 thousand tons. In May, the import of these goods amounted to 11.8 thousand tons, an increase of 4 times in annual terms and 40.8% - in monthly terms.
Imports of sunflower, safflower, cotton oil and their fractions in January-May decreased by 76.2%, to 0.4 thousand tons. In May, deliveries amounted to 0.1 thousand tons, which is 56.5% less than in May 2019, but 5.5 times more than in April 2020.
According to Rosstat, imports of palm oil to Russia in 2019 increased by only 0.1% compared to the previous year — to 1.061 million tons. The main supplier countries of this product in the Russian Federation are Indonesia and Malaysia.
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