Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Caught in red tape: Export of soyabean meal to China unlikely this fiscal.

Date: 10-01-2019
Subject: Caught in red tape: Export of soyabean meal to China unlikely this fiscal
The export of rapeseed meal and soyabean meal to China is unlikely to resume during the current financial year as the procedure for registration with the Ministry of Agriculture (MoA), China, is too cumbersome, lengthy and time-consuming to complete all formalities, said the Solvent Extractors’ Association of India (SEA) in its latest report. The Association, which has compiled the data for export of oilmeals for December 2018, stated the export of oilmeals during December 2018 was provisionally at 303,115 tonne, against 391,431 tonne in December 2017. The overall export of oilmeals during April-December 2018 rose 6% to 2,387,028 tonne, against 2,246,989 tonne during the corresponding period of the previous year.

The export of rapeseed meal had sharply increased to 821,777 tonne in the first nine months of 2018 from 461,937 tonne in the corresponding period of the previous year. It is mainly exported to South Korea, Vietnam and Thailand. According to SEA’s executive director BV Mehta, the Iranian market has opened up for Indian soyabean meal. During the period from April-December 2018, about 3 lakh tonne of soyabean meal was shipped against 23,000 tonne in the corresponding period the previous year. This is a boost to the export of oilmeals from India.

During April-December 2018, Vietnam imported 422,573 tonne of oilmeals (compared to 430,957 tonne); consisting of 45,909 tonne of soyabean meal, 139,009 tonne of rapeseed meal and 237,230 tonne of rice bran extraction. During the same period, South Korea imported 571,597 tonne of oilmeals (compared to 639,405 tonne); consisting 359,575 tonne of rapeseed meal, 24,048 tonne of soyabean meal and 187,974 tonne of castor meal.

Likewise, Thailand imported 252,790 tonne of oilmeals (compared to 139,148 tonne); consisting 20,025 tonne of soyabean meal, 10,306 tonne of de-oiled rice bran extraction and 221,836 tonne of rapeseed meal. France import 108,359 tonne of oilmeals (compared to 96,069 tonne); consisting 105,361 tonne of soyabean meal and 2,998 tonne of castor meal.

Source: financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 21-10-2020
Notification No. 38/2020-Customs
Notification regarding exemption of duties of Customs against scrips issued under the RoSL scheme for apparel and made-ups sectors.

Date: 21-10-2020
Notification No. 07/2020 – Central Excise
Notification regarding exemption of duties of Central Excise against scrips issued under the RoSL scheme for apparel and made-ups sectors

Date: 20-10-2020
Notification No. 37/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, regarding the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement.

Date: 15-10-2020
Notification No. 99/2020 - Customs (N.T.)
Exchange rate Notification No.99/2020-Cus (NT) dated 15.10.2020- regd.

Date: 13-10-2020
Trade Notice No. 30/2020-2021-DGFT
Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under GSP, GSTP, India-Malaysia CECA, India-Singapore CECA w.e.f. 15th October 2020

Date: 09-10-2020
Notification No. 39/2015-2020
Amendment in Export Policy of Onions

Date: 08-10-2020
Circular No. 44/2020-Customs
Procedure for inspection of ICDs/CFSs/AFSs -reg

Date: 08-10-2020
Notification No. 49/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by Pr. DGRI

Date: 07-10-2020
Public Notice No.24 /2015-20
Revision of SION H-68, H-301 & H-302 of Export Products- Double Decorative/Single side Laminates with or without Barrier Paper

Date: 06-10-2020
Instruction No. 18/2020-Customs
Directorate General of Audit as a Nodal Directorate for Customs Post Clearance Audit –regarding

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001