Moldova sharply increased the export of walnut kernels to Germany, displacing Ukraine

Published 2020년 10월 13일

Tridge summary

In 2020, Moldova's walnut exports faced challenges due to the pandemic, leading to increased promotion efforts to avoid losses. Germany became a major market as it increased purchases due to lower prices, resulting in a 67% increase in walnut kernel exports to Germany in the first half of the year, making Moldova the second largest supplier to Germany, behind the USA. While Moldova's exports to Germany increased, Ukraine's decreased by 17%. Additionally, China's walnut kernel exports to Germany also saw a significant increase in the same time period.

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

Original content

As EastFruit has already reported on several occasions, Moldova faced serious problems in the export of walnuts in 2020. The coronavirus pandemic had a negative impact on established trade relations and walnut prices, so exporters had to work more actively to promote products in order to avoid losses. Naturally, priority was given to the promotion of the walnut in countries that are already large buyers of walnuts. Germany turned out to be one of such countries, which stepped up purchases due to lower prices for walnut kernels from Moldova. As a result, in the first six months of calendar 2020, walnut exporters from Moldova managed to increase the supply of walnut kernels to Germany by 67% in physical terms. Note that this allowed Moldova to take the second place in the ranking of the largest suppliers of walnut kernels to Germany, second only to the USA. True, the gap between the United States and Moldova was huge - 19.6 thousand tons of walnuts were supplied from the United ...

Source: Eastfruit