Eco
Russian sunflower oil exports to Iraq experienced a significant increase during the first nine months of the current year, with quantities exceeding 14.6 thousand tons valued at 19 million dollars. Estimates from the Russian Agricultural Exports Development Center "Agroexport" indicated that exports rose by 72 times in quantity and 69 times in value compared to the same period last year. In 2022, Russian sunflower oil exports to Iraq reached a record level of 59 thousand tons valued at 114 million US dollars. This growth is part of Russian companies' expansion in Middle Eastern food markets, aiming to strengthen their position as a key supplier of essential food commodities in the region. In recent years, Russia has seen a notable increase in exports of vegetable oils and grains to several Arab countries, driven by these countries' search for alternative and reliable supply sources, as well as the competitive pricing of Russian products.
