Ukraine and Russia shipped abroad about 50 MMT of wheat

07.06.2018

UKRAINE. Ukrainian wheat exports during the first ten months of the current season totaled 15.3 MMT, i.e. 3% less than in the same period a year ago (15.8 MMT), reports UkrAgroConsult.

Ukraine shipped abroad more than 1.13 MMT of wheat in April 2018 that is 6% less than in April 2017.

Besides, Indonesia already imported 22% more wheat from Ukraine during July-April this season than in the whole of MY 2016/17 (some 2 MMT against 1.6 MMT, respectively). In addition, wheat shipments to Bangladesh gained 7% in July-April 2017/18, reaching 1.5 MMT against 1.4 MMT in the same period last season.

RUSSIA. In July-April 2017/18, Russian wheat exports totaled some 34.1 MMT, i.e. already 26% more than in the whole of MY 2016/17. According to preliminary information, Russia exported 3.27 MMT of wheat in April 2018, i.e. 15% less than in the previous month and 67% more than in April 2017.

Egypt and Turkey substantially increased wheat imports from Russia during the first ten months of the current season. Egypt already imported 14% more wheat in that period than in the whole of MY 2016/17. Shipments to Turkey gained 75%.

Particular attention should be given to a rise in deliveries to Vietnam, which skyrocketed to a record 1.66 MMT in July-April 2017/18 against 124.3 KMT in the whole of MY 2016/17. This season, Russia outpaced major traditional suppliers to the Vietnamese market such as the EU, Australia, and Argentina.

At the same time, shipments to countries such Bangladesh, Morocco, and Yemen were down year-over-year.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting in the countries of Black Sea Region is available to subscribers for weekly report “Black Sea Grain” and “Online market review” by UkrAgroConsult.

 

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