Kazakhstan agrees regular refined sunflower oil supplies to South Korea
Kazakhstan’s Samsar Investment plans to export 3 thsd tons of refined sunflower oil per month to the South Korean market. The agreement was reached during the Kazakhstan-Korea Business Forum in Almaty.
If the announced monthly volumes are maintained, shipments could reach around 36 thsd tons of sunflower oil per year. The agreement expands the geography of Kazakhstan’s vegetable oil exports and strengthens the country’s presence in the Asian market.
During the forum, the two sides also agreed to implement a joint investment project for agricultural processing. The production facility will be built in Kazakhstan, with total investment from both sides estimated at $1.3 mln.
Overall, commercial agreements worth a total of $54.8 mln were signed at the Kazakhstan-Korea Business Forum, which brought together more than 200 business representatives from the two countries.
Trade between Kazakhstan and South Korea continues to grow. Bilateral trade reached $3.17 bln in 2025, compared with $3.13 bln a year earlier. In January-June 2026, trade totaled $1.3 bln, while Kazakhstan’s exports to South Korea increased by 17.2%.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Brazil’s corn exports fell 32% in August
Possible transit ban through Baltic ports could complicate Russia’s grain export r...
Ukrainian farm cooperatives gain access to open soybean and rapeseed exports
Ukraine aims to increase exports via Polish ports to 6.5 mln tons
Global grain production in 2026 to be second highest on record — FAO
Write to us
Our manager will contact you soon