The largest Ukrainian oilseeds were bought by Romania and vegetable oil by Poland
Ukraine
Published Mar 2, 2023
Tridge summary
The commodity structure of Ukraine’s agricultural exports is traditionally dominated by crop products. In addition to grains, the main products are oilseeds, vegetable oil, and their processed products.
Original content
According to the State Customs Service of Ukraine, in 2022, the value of exports of oilseeds and fruits amounted to almost USD 3.8 billion. USD. This is 54% more than in 2021, said Mykola Pugachev, Deputy Director of the National Research Center “Institute of Agrarian Economics”, Academician of the National Academy of Sciences of Ukraine. The quantitative volumes of supplies of the main commodity items of this group to foreign markets have roughly doubled. Exports of rapeseed in physical terms increased from 2.7 mln tons in 2021 to 3.1 mln tons in 2022, and soybeans, respectively, by 0.9 mln tons to 2.0 mln tons. The most noticeable and multiple growth was the increase of sunflower exports – from 0.08 mln tonnes in 2021 to 2.8 mln tonnes in 2022, the scientist informed. According to him, the main buyers of Ukrainian oilseeds and oil in 2022, as in previous years, are the countries of Asia and Europe. The characteristic feature of 2022 was the further strengthening of the European ...
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