Export of vegetable oil and oil-seeds

Issue № 1, 2018, article № 5, pages 44-51

Language: Russian

Original language title: ЭКСПОРТ РАСТИТЕЛЬНОГО МАСЛА И МАСЛОСЕМЯН

Keywords: EXPORT, VEGETABLE OILS, OILSEEDS, PRODUCTION CAPACITY, INNOVATION

Abstract: The work purpose is to consider an export of oil-bearing crops and separate types of vegetable oil from economic positions. Due to the growth in the production of vegetable oils, in recent years it has become possible to increase their exports. As a result, in 2016 only the share of sunflower, rapeseed and soybean oil was 11.5‰ in Russian exports of agricultural products and food. In 2016, the foreign exchange earnings from export of sunflower and rapeseed oil could be higher if export prices did not decrease compared to 2010. The decrease in foreign exchange earnings was also affected by the decrease in recent years of acreage under rapeseed. The foreign currency proceeds from the export of vegetable oils from Russia can be significantly increased by reducing the sale of oilseed seeds. At the same time, additional workplaces can be created in Russia, and, most importantly, the most valuable by-product (meal) will remain to ensure livestock production in the country. For this, modernization of the material and technical base of the processing industry and restoration of the domestic seed-growing of oil-bearing crops is necessary.

Authors: Goncharov Vladimir Dmitrievich, Koteev Sandzhi Vasilevich