Agri Buzz: India needs to diversify markets for oilmeal exports, says SEA

India needs to diversify markets for oilmeal exports, according to a latest update from the Solvent Extractor?s Association in India (SEA). SEA has noted that during 2024?25, India exported around 4.5 million tonnes of oil meals valued at over INR 12,000 crore (USD 1.35 billion), with nearly 65% going to the Far East, and the Middle East and Europe accounting for about 20% and 15%, respectively. Recent geopolitical developments in the Gulf region have disrupted exports to the Middle East and Europe due to higher freight costs and shipping challenges. To mitigate this, there is a need to strengthen efforts in existing and alternative markets. In this regard, SEA plans to organize a trade delegation of 10?12 leading exporters to key far East markets during July 2026 to make up for shortfalls and enhance trade opportunities.

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