Oilmeals export stood at 187,360 tons in March 2015, a drop of 55% as compared to 412,091 tons of export in March, 2014, as per data compiled by The Solvent Extractors’ Association of India. The total export of oilmeals during April 2014 to March 2015 in term of quantity is reported at 2,443,733 tons compared to 4,381,994 tons during the same period of last year, down by 44%. The total earning in term of value stood at Rs 4,278 crore compared to 11,508 crore in 2013-14, down by 63%.
Oilmeal import by South Korea from India during April 2014-March 2015 is reported at 935,508 tons compared to 1,165,107 tons; consisting 512,763 tons of rapeseed meal, 420,143 tons of castor meal and 2,602 tons of soybean meal. Iran imported 362,091 tons compared to 1,243,114 tons last year consisting of 220,300 tons of soybean meal and 141,791 tons of rapeseed meal. Thailand imported 212,639 tons compared to 313,271 tons; consisting 204,259 tons of rapeseed meal and 8,380 tons of soybean meal.
Besides, Vietnam imported 309,531 tons compared to 251,952 tons last year; consisting of 68,824 tons of rapeseed meal, 18,122 tons of soybean meal, 1,449 tons of groundnut meal and 221,136 tons of Deoiled Rice Bran Extraction. Taiwan imported 73,153 tons compared to 114,222 tons last year; consisting of 34,883 tons of rapeseed meal, 25,318 tons of castor meal, 12,053 tons of soybean meal and 899 tons of groundnut meal while Europe imported 238,192 tons compared to 632,601 tons last year.
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