Ukraine exports 10 times more sugar than it imports

Published Sep 11, 2020

Tridge summary

In the month of August 2020, Ukraine saw a significant increase in its sugar exports, reaching 14,691 tons with a value of $ 5,624 thousand, which is ten times more than its imports during the same period. The total sugar exports from January to August 2020 stood at 81,819 tons, a decrease from the previous year, with the primary destinations being Turkey, Libya, and Palestine. Additionally, the country also exported 36,924 tons of other sugars and 5,395 tons of molasses in the same timeframe.

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

Original content

Ukraine exports 10 times more sugar than it imports. Thus, in August 2020, sugar exports amounted to 14,691 tons, amounting to $ 5,624 thousand (in August 2019 - 4.5 thousand tons). Sugar imports in January-August 2020 amounted to 1161 tons, in August 2020 - 158 tons. This was reported by the State Customs Service of Ukraine, writes agronews.ua. In total, in January-August 2020, sugar exports amounted to 81,819 tons. While in January-August 2019 - 215 thousand tons. In total, in January-August 2020, Ukraine sold sugar in the amount of $ 30,498 thousand, and since the beginning of 2019/20 MY - 103.7 thousand tons (in 2018/19 MY - 413.5 thousand tons). The largest importers of Ukrainian sugar from all exports (in monetary terms) in January-August 2020 were: Turkey (23.13%), Libya (10.70%), Palestine (10.68%). Imports of other ...

Source: AgronewsUA