Rapeseed oil accounts for 60% of BUCE agricultural exports

07/15/2020

23 mln BYN worth of rapeseed oil were exported via BUCE in January-June 2020, which accounts for more than 60% of the total amount of agricultural products purchased by foreign buyers since the beginning of the year. It is also 3.3 times more than in the first half of 2019.

Europe is the target market for all rapeseed oil sold on BUCE. This product is widely used in various industries: from food and cosmetics to biodiesel. This said, BUCE experts believe that the demand for processed rapeseeds will continue growing in the months to come.

According to head of BUCE’s agricultural section Victor Dereshov, the fact that the last several trading sessions showed particularly tough competition among foreign buyers attests to the high export potential of the Belarusian rapeseed oil, which BUCE seeks to unlock.

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Personal data processing policy

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