Ukraine exported USD 2.8 Bl worth of vegoils in 2017

04.09.2017

According to the State Fiscal Service, the country exported 3.792 MMT of vegoils to an amount of USD 2.834 Bl in January-July 2017, reports UkrAgroConsult.

In particular, exports of sunflower, safflower and cotton oils totaled 3.656 MMT to an amount of USD 2.728 Bl.

The largest volumes went to India (USD 933.265 Ml worth, 34.2% of their exports in value terms), Spain (USD 282.14 Ml worth, 10.3%) and China (USD 228.187 Ml worth, 8.4%). Exports to other countries totaled USD 1.284 Bl (47.1%). The share of these commodity items in overall exports reached 11.4% in value terms.

Soybean oil exports totaled 108.653 KMT to an amount of USD 81.755 Ml. Exports of rape and mustard oils made up 7.952 KMT to an amount of USD 6.747 Ml.

In January-July 2017, Ukraine imported 110.54 KMT of vegoils to an amount of USD 99.46 Ml. In particular, these included 102.897 KMT of palm oil to an amount of USD 83.386 Ml. Imports of coconut and palm kernel oils totaled 5.715 KMT to an amount of USD 10.621 Ml.

Further prospects of the oilseeds/vegoils market in the Black Sea region countries will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Market operators from 25 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

UkrAgroConsult

 

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