Israel and Germany import 70% of Ukrainian sugar

Published Aug 16, 2021

Tridge summary

From January to July 2021, Ukraine experienced a significant shift in its sugar trade dynamics. Exports dropped dramatically to 2,217 tons, valued at $1,252 thousand, a decrease from 67,100 tons in the same period last year. The largest markets for these exports were Israel (41.37%), Germany (29.23%), and Moldova (15.50%). On the other hand, imports surged to 143,202 tons, predominantly from Brazil (69.69%), Poland (19.61%), and Belgium (3.13%). Additionally, the report covered the trade of other sugars and molasses, with exports and imports reaching 29,904 tons and 2624 tons respectively, mainly to and from Israel.

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

Original content

According to the analysis of data of the State Customs Service of Ukraine, for January-July 2021 export of sugar (code TN FEA 1 701) makes 2217 tons (in January-July 2020 - 67,1 thousand tons) for the sum of $ 1252 thousand, and from beginning of 2020/21 MR - 71024 tons (in 2019/20 MR - 89 thousand tons). The largest countries-importers of Ukrainian sugar from all exports (in monetary terms) in January-July 2021 were: Israel (41.37%); Germany (29.23%); Moldova (15.50%). In July 2021, sugar exports amounted to 12 tons, worth $ 14 thousand (in July 2020 - 4.3 thousand tons). Imports of sugar (TN FEA 1701) in January-July 2021 amounted to 143,202 (July - 40,725 tons). The largest exporters of sugar to Ukraine from all imports (in monetary terms) in January-July 2021 were: Brazil (69.69%), Poland (19.61%), Belgium (3.13%). ...

Source: Agroconf