Ukraine is increasing the export of seeds of grain and oil crops

Published 2024년 2월 12일

Tridge summary

Ukraine's grain and oilseed exports in 2023 saw a significant increase of 1.5 times from the previous year, reaching a total of $119.5 million. The export market was largely dominated by corn, accounting for 97.4% of the total exports. The country recorded its highest ever export of corn seeds at 42.5 thousand tons, while imports were significantly lower. France was the main importer of Ukrainian seed corn. The surge in exports is attributed to the growth of domestic seed production during the war, loss of foreign seed supply channels due to the Russian invasion, and the equivalence of the Ukrainian seed certification system to EU standards.

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Original content

Ukraine is increasing its export of grain and oilseeds - in 2023, its volume exceeded the corresponding indicator of the previous year by 1.5 times ($77.2 million) and reached $119.5 million. This fact was noted by the head of the investment and logistical support department of the NSC "Institute of Agrarian Economics", Doctor of Economics Oleksandr Zakharchuk, the press service of the Center reported. "The structure of Ukrainian export of grain and oilseeds is traditionally dominated by corn, which occupies 97.4% of it. At the same time, for the second wartime year in a row, the volume of export of hybrid corn seeds exceeds the volume of its import," O. Zakharchuk emphasized. Thus, in 2023, 42.5 thousand tons of corn seeds of domestic and foreign selection were exported from Ukraine, which is the highest result during the years of Ukraine's independence. At the same time, deliveries from abroad amounted to only 5.9 thousand tons, that is, 7.2 times less than what was exported. ...

Source: Agravery