Ukraine. Oilseed complex products are among most exported commodities

31.08.2018

According to the State Statistics Service, agri-food exports from Ukraine in H1 2018 totaled $8.528 Bl (36.7% of overall commodity exports), while imports amounted to $2.436 Bl (9.4% of overall imports).

According to the Ag Ministry, Ukrainian agricultural exports reached a record almost $18 Bl in 2017, reports UkrAgroConsult.

As before, the top positions in Ukrainian agricultural exports in January-June 2018 were held by grains (a 36.8% export share), vegetable oils (26.2%), and oilseeds (7.5%).

At the same time, the greatest gains were seen in exports of the following commodity groups: deliveries of poultry eggs increased 2.1 times in the first half of the current year (up $27.7 Ml), apples, pears and quince – 5.3 times (up $6.7 Ml), pulse vegetables, hulled and unhulled – 58.3 times (up $11 Ml), butter and other milk fats – up 65,2% (up $29.2 Ml) and others.

The regional structure of Ukrainian agricultural exports did not change: the top destination market is Asia with an export share of 43.2%, trailed by European Union countries (30.4%) and Africa (14.6%).

In 2018, the top five importers of Ukrainian agri products are led by India, which purchased more than $1 Bl worth of agricultural and food commodities. It is followed by Egypt with $575.9 Ml, China with $526.6 Ml, the Netherlands with $525.3 Ml, and Spain with $470.3 Ml.

Further prospects of the Black Sea oilseeds/vegoils market will be discussed at the VI International Conference “Black Sea Oil Trade”, which will take place on September 20, 2018 in Hilton hotel, Kiev, Ukraine. Delegates from 20 countries have already registered for participation in the International Conference «Black Sea Oil Trade».

 

UkrAgroConsult

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