Ukraine's grain and oil crop seed export sets record in ten years

Published 2020년 12월 11일

Tridge summary

From January to September 2020, Ukrainian grain and oil crop seeds Exports reached $16.5 million, an increase of 30% over the same period in 2019, with corn seeds being the dominant export. The majority of these exports were to CIS countries, with Romania seeing a ninefold increase in corn seed imports. Additionally, 533 tons of soybean seeds were exported, primarily to China, Kazakhstan, and Azerbaijan. Ukraine is positioning itself as a reliable food security leader for Asia as as the traditional trade chain is disrupted by the outbreak.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukraine’s latifundist.com reported on December 9th that the head of the Investment, Materials and Technology Support Department of the Institute of Agricultural Economics of the National Science Center of Ukraine, Dr. Zakharchuk of Economics, introduced that from January to September 2020, Ukrainian grain and oil crop seeds Exports reached 16.5 million US dollars, an increase of 30% over the same period in 2019 (12.7 million US dollars), the best in ten years. From the perspective of grain and oil crop seed export structure, corn seeds dominate. In the first nine months of this year, corn Seed exports amounted to 12.2 million U.S. dollars, accounting for 74% of Uzbek’s seed exports. In addition, compared with 4800 tons in the same period last year, exports this year increased to 7,440 tons, an increase of 55%. Mainly exported to CIS countries. Among them, exports to Belarus 5,900 tons, valued at 8 million U.S. dollars; Moldova 400 tons, valued at 900,000 U.S. dollars; Kazakhstan ...

Source: Foodmate