Romanian rapeseed exports to hit a high in MY 2017/18

11.04.2018

Romania exported 1.2 MMT of rapeseed in July-February 2017/18 through ports that is 12.7% more than the total shipped abroad last record season. The upward trend is observed despite this season’s keen competition from Ukraine, reports UkrAgroConsult.

However, European countries prefer buying primarily Romanian rapeseed, the more so as Romania harvested a bumper crop of this oilseed in 2017.

The top importer – Belgium – purchased 470 KMT of rapeseed in July-February 2017/18 against 525.7 KMT at the same time last season, importing this commodity from Ukraine at a record pace. However, the second largest buyer – the Netherlands – boosted purchases in almost 2.4 times.

A slight drop is seen in purchases by Germany, while Portugal, which was not a buyer last season, imported 70 KMT of Romanian rapeseed in the reporting period.

 

UkrAgroConsult

Readers choice: TOP-5 articles of the month by UkrAgroConsult