Exports of Vegetable Oils to Asian Markets: Opportunities, Risks, and Prospects

Abstract

The paper focuses on the urgent problem caused by changes in the structure of Russian exports in the context of instability and negative dynamics of energy prices. The paper studies Russian exports of the main types of vegetable oils (sunflower, rapeseed, and soybean). The authors analyze the dynamics and product and territorial structures of exports for 2014-2019, relying on domestic and international data. The paper identifies current trends and assesses risks, opportunities, and prospects for domestic exporters. Based on the analysis and review of the secondary literature on the problems of exporting AIC products and trends in world food markets, the authors highlight the main threats for exporters of vegetable oils, focusing on the most capacious Asian markets. The research results may be of interest to the scientific community, students, and graduate students. The results can also be used when assessing export potentials of other member countries of the Eurasian Economic Union, or when making managerial decisions on the structure and direction of exports, as well as on measures to support export activities.