Shanghai:Kazakh oilseed processing companies have successfully signed export agreements totaling $108 million at the 9th China International Import Expo (CIIE) held in Shanghai. The announcement was made by Kazakhstan's Ministry of Agriculture.

According to Trend News Agency, nine local oilseed processing companies showcased their products at Kazakhstan's national pavilion, organized under the guidance of the National Association of Oilseed Processors (NAOP). This exhibition served as a significant platform for strengthening business relationships, discovering new partners, and expanding trade and economic cooperation with China.

Alexander Yashkov, Executive Director of the NAOP, highlighted the development prospects of Kazakhstan's oilseed processing industry and its export potential. The sector has experienced steady growth, with physical exports of oilseed products increasing fivefold over the past five seasons. In the 2025/2026 season, shipments surpassed 1.8 million tons, while export revenues reached $1.233 billion, also marking a fivefold increase.

Kazakhstan exports oilseed products to over 20 countries, including China, Central Asian states, the European Union, and the Middle East. China stands out as the second-largest importer of Kazakh products, remaining a key destination for the country's oilseed exports. Over the past five seasons, export revenues from Kazakh vegetable oils, oilseed meals, and oilcakes supplied to China have surged by $385 million, reaching $438 million.

Yashkov emphasized the high demand for Kazakh oilseed products in China, which is confirmed by annual contracts worth millions of dollars. The expansive Chinese market presents significant potential for further expanding cooperation with Chinese partners. In the current season, China's total imports of vegetable oils, oilseed meals, and oilcakes are estimated at 16 million tons.