China regained the second position among importers of Ukrainian corn

03.01.2018

Ukraine exported 1582.1 KMT of corn in November 2017, or 30% less than in the same month last year (2264.3 KMT).

Corn exports from Ukraine fell by 40% to 2.2 MMT in the first three months of the 2017/18 season against 3.69 MMT in September-November 2016/17. The reasons for the slump include both a corn crop decline in the country and comparatively weak foreign demand for this time of season, reports UkrAgroConsult.

The European Union is still the top importer of Ukrainian corn this season – it accounted for 38% of total corn exports at the time.

China made active purchases in the first quarter of the season. The country imported 540 KMT of Ukrainian corn in September-November 2017/18 and thereby regained its second position in regional corn exports from Ukraine.  Israel and Turkey also stepped up corn purchases from Ukraine in the reporting period.

 

UkrAgroConsult

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