Ukraine’s wheat exports hit a high in 2016/17 season

11.07.2017

Wheat exports from Ukraine expectedly turned down in May-June 2017 and became lower than at the same time last year. So, Ukraine exported 987 KMT of wheat in May that is or down almost 30% year-on-year.

For all the past months of the current season, Ukraine’s wheat exports are up 7.5% year-on-year at a total 16.8 MMT against 15.6 MMT in July-May 2015/16, reports UkrAgroConsult.

Egypt and Bangladesh were the top importers of Ukrainian wheat in May, with their export shares of 30% and 27%, respectively. Shipments to the European Union and Indonesia, on the contrary, shrank by 47% and 16%, respectively.

Still, 2016/17 season witnessed predominantly higher exports of Ukrainian wheat to many destinations. In particular, supplies to Morocco were up 77% year-on-year, while those to Tunisia were up 11%. Owing to shipments in April and May, exports to Turkey almost doubled against last season and reached 218 KMT.

 

UkrAgroConsult

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