For the first time, Romania became a leader among importers of Ukrainian oil crops

Canola Seed & Rapeseed

Soybean

Sunflower Seed

Ukraine

Published Mar 3, 2023

Tridge summary

The product structure of domestic agricultural exports is traditionally dominated by plant products. The main products in it, in addition to cereals, are oil crops, vegetable oil and their processing products. According to the State Customs Service of Ukraine, in 2022 the export value of seeds and fruits of oil crops amounted to almost 3.8 billion dollars. USA. This is a 54% increase from 2021.

Original content

This was reported by the press service of the National Scientific Center "Institute of Agrarian Economics". According to the deputy director of the NSC, Academician of the National Academy of Sciences Mykola Pugachev, the quantity of deliveries of the main product items of this group to foreign markets has increased by approximately two times. The export of rapeseed in natural terms increased from 2.7 million tons in 2021 to 3.1 million tons in 2022, and of soybeans, respectively, by 0.9 million tons to 2.0 million tons. The most the growth of sunflower exports has become noticeable and multiplied - from 0.08 million tons in 2021 to 2.8 million tons in 2022, the scientist informed. According to him, the main buyers of Ukrainian oil crops and oil in 2022, as in previous years, are the countries of Asia and Europe. A characteristic feature of 2022 was the further strengthening of the European Union's position in the fruit and seed markets of domestic oil crops. Last year, the ...

Source: Agrotimes