Kazakh companies in the oil and fat industry signed agreements worth a total of $108 million at the 9th China International Import Expo, which is taking place in Shanghai.
The National Association of Oilseed Processors presented products from nine domestic oil mills at Kazakhstan’s national pavilion. The association said the expo helps strengthen business ties, find new partners and expand trade and economic cooperation with China.
The association said it has showcased oil and fat products at the expo for the fourth consecutive year, finding new partners and signing contracts.
The expo also hosted an event titled “Invest in Xinjiang”. Participants included Xu Baike, deputy secretary-general of the People’s Government of the Xinjiang Uyghur Autonomous Region, and Nurlan Akkoshkarov, Kazakhstan’s consul general in Shanghai. Alexander Yashkov, the association’s executive director, outlined the development prospects and export potential of Kazakhstan’s oil and fat industry.
Yashkov said the physical volume of Kazakhstan’s oil and fat exports had increased fivefold over the past five seasons. Shipments exceeded 1.8 million tonnes in the 2025/2026 season, while export revenue reached $1.233 billion, also five times higher.
Kazakhstan exports oil and fat products to more than 20 countries. China is the second-largest importer of Kazakh products. Over the past five seasons, foreign-currency revenue from exports of Kazakh vegetable oils, meal and cake to China increased by $385 million to $438 million.
Yashkov said Kazakh oil and fat products were in high demand in China. He estimated that China’s combined imports of vegetable oils, meal and cake would reach 16 million tonnes in the current season.
