Ukraine has significantly reduced exports of certain groups of agricultural products

Published 2021년 5월 7일

Tridge summary

The Ukrainian Association of Agricultural Exports has reported a decrease in agri-food exports in the first quarter of 2021. There was a significant drop in exports of eggs, wheat flour, malt, and soybean oil. However, starch exports saw an increase of 49%. The export of rapeseed oil was nearly non-existent. The decrease in eggs and egg product exports is due to an oversupply. Russia's export ban on buckwheat to Ukraine may also impact the country's agricultural exports.

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

Original content

The Ukrainian Association of Agricultural Exports published indicators of agri-food exports of Ukraine in the first quarter of 2021. Specifying the available information, we note a significant decrease in exports in the segments of eggs, wheat flour, malt, soybean oil. This was reported by the press service of the association, writes agronews.ua. Exports of eggs amount to 12 thousand tons worth about 14 million dollars. (- 40%). Compared to last year, there is more than twice the backlog of quantitative sales of eggs. Exports of egg products in physical and monetary terms also decreased. In particular, revenues from sales abroad of various processed eggs amounted to more than 2 million dollars. (- 24%). A significant reduction was recorded in the export of wheat flour, the value of which this year is still 6 million dollars. (-74%), which is caused by a corresponding decline in sales. Under a similar scenario, malt supplies fell to $ 3 million. (- 69%). In contrast, revenue from ...

Source: AgronewsUA