Ukraine ships more than half of grain exports to Asia

07.02.2017

In 2016, more than half of Ukraine’s grain exports were sent to Asian countries, namely China, India, Indonesia and Thailand, according to the Institute of Agrarian Economics (IAE) Deputy Director Mykola Puhachov. “A distinctive feature of the year 2016 in Ukrainian grain exports was further strengthening of the Asian vector.

Countries of this region took nine positions in the Top 10 main importers of Ukrainian cereals with a total share of 54.3%,” the report states. Indonesia’s grain imports increased by 2.1 times to USD 331 million, and its share reached 5.4%. Thailand’s grain imports increased to USD 301 million with a share of 4.9%. China’s share in Ukraine’s total exports came to 7.6%, the IAE said.


asian-agribiz

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