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Ukraine has increased oil exports by a third

Україна на третину збільшила експорт олійних
This news article has been translated to English.
Seeds / Oil Seeds
Other Edible Vegetable Oil
Ukraine
Price Trend
Supply Yield / Stock Quantity
Nov 18, 2021
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In January-September 2021, Ukraine exported oilseeds totaling $ 1.409 billion, which is 36% more than in the same period a year earlier. This fact was emphasized by Bohdan Dukhnytskyi, a senior researcher at the Department of Economics of Agricultural Production and International Integration of the NSC "Institute of Agrarian Economics", the press service of the center reported.
"According to the results of the first nine months of this year, the leading position in terms of exports of this group is rapeseed - 1.7 million tons worth $ 1.063 billion. Export sales of 0.5 million tons of soybeans brought domestic agricultural producers revenue of $ 293 million," said the expert. A characteristic feature of January-September 2021, Dukhnytsky called the preservation of the influence of the European vector in domestic exports of oilseeds - in general, EU member states purchased in Ukraine more than 60% of the products of this group. "Germany continues to hold the leading position in the ranking of the largest importers of domestic oilseeds. Its share in total exports of these products amounted to 21.5% - worth $ 308 million. Significantly less purchases of Ukrainian oilseeds were made by Belgium (11.2%), Pakistan "), The Netherlands (9.4%), France (6%), Belarus (6%) and Turkey (5.4%)", - said ...
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