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Ukrainian fat-and-oil products are still a major contributor to foreign exchange receipts

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Consulting Agency

UkrAgroConsult

In January-May 2020, the share of fat-and-oil products in total agricultural and food exports from Ukraine increased to 34.3%, UkrAgroConsult reports on the basis of UkrOliyaProm Association.

In total, USD 936.3 Ml worth of vegetable oils and meals were exported to the EU (35.6% of Ukraine’s agricultural exports to this destination).

Vegetable oil and meal exports to Asian countries reached USD 1.7 Bl (39% of Ukraine’s total agricultural exports to this region).

Growth is seen in refined sunflower oil shipments to the U.S., which reached USD 21.8 Ml (28.7% of total shipments).

More detailed information on the latest trends in oilseeds/vegoils exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Vegoils" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!!

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UkrAgroConsult

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