Ukraine has become the largest exporter of vegetable oils to the EU

Published Dec 16, 2020

Tridge summary

In 2020, Ukraine emerged as a significant supplier of three types of vegetable oils to the European Union, including sunflower, soybean, and rapeseed oil. The country's exports exceeded 800 thousand tons, with sunflower oil making up 89% of all EU imports, soybean oil 38.7%, and rapeseed oil 35.6%. Ukraine's leadership in these exports is notable, especially considering the competition from other major suppliers like Serbia, Russia, Canada, Belarus, Paraguay, Moldova, and Morocco.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2020, Ukraine became an exporter of основних1 main types of vegetable oils to the European Union. This is evidenced by data from the European Commission on imports of sunflower, soybean and rapeseed oil in the current marketing year. The total volume of exports of vegetable oils from Ukraine to the EU has already exceeded 800 thousand tons. Thus, according to the European Commission, since the beginning of the 2020/2021 marketing year, our country has sold to the EU 662.3 thousand tons of sunflower oil, which accounted for almost 89% of all imports of these products to EU countries. Also, despite the decline in soybean processing, Ukraine has become a leader in terms of exports of soybean oil to the European Union, providing 38.7% of all supplies of this product - 91.1 thousand tons. In addition, Ukraine took first place in supplies to the European Union. Union of rapeseed oil, accounting for 35.6% of its total imports to the EU, or 48.3 thousand tons in actual terms. Read: ...
Source: Landlord

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