In Malawi, the sunflower trade balance is -$2,894,000. Other edible oils also show negative balances, resulting in a net overall deficit of edible oil production domestically. The limited foreign exchange in the country has driven processors to seek sunflower from local producers.
Does Malawi smuggle palm oil?
Addressing smuggled palm oil remains a challenge for the government of Malawi, as mentioned in the article in 2017 when they removed value added tax (VAT) on edible oil to reduce the cost of local processing and disincentivise corrupt practices of oil mislabelling.
Is there a demand for sunflower in Malawi?
There is increasing demand for sunflower in Malawi.nThe sunflower trade balance in Malawi is -$2,,894,,000, with other edible oils also showing negative balances,13 reflecting a net overall deficit of edible oil production domestically.
What is sea mission on edible oil (oilseeds)?
The Solvent Extractors¡¯ Association of India (SEA) has welcomed the approval of the National Mission on Edible Oil (Oilseeds). Congratulating the government for this decision, Sanjeev Asthana, President of SEA, said this mission is expected to elevate domestic edible oil production to over 25 million tonnes (mt) by 2030-31.