Ukrainian seed exports reached the best indicators in 10 years

Published 2020년 12월 9일

Tridge summary

From January to September 2020, Ukraine saw a 30% increase in its grain and oilseed seed exports compared to the previous year, reaching a total of $ 16.5 million, a decade high. The majority of these exports were corn seeds, with a 55% increase in hybrid corn exports alone. The main importers of these seeds were CIS countries, with Belarus, Moldova, Kazakhstan, and Azerbaijan. Additionally, Romania significantly increased its imports of Ukrainian corn seeds. Besides corn, other grain crops and oilseeds such as wheat, rye, rice, barley, sorghum, and sunflower and soybeans were also exported.

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

Original content

Exports of seeds of grain and oilseeds in January-September 2020 amounted to $ 16.5 million, which is 30% higher than the annual figure for 2019 of $ 12.7 million. This is the best performance over the past 10 years. This was announced by the head of the department of investment and material and technical support of the NSC "Institute of Agrarian Economics", Doctor of Economics. Alexander Zakharchuk, the press service reports. According to him, corn traditionally dominates in the structure of Ukrainian exports of grain and oilseeds. The volumes of supplies of this type of product to foreign markets for 9 months of 2020 in value terms amounted to $ 12.2 million, and the share of corn seeds in domestic exports was about 74%. In addition, the export of hybrid corn increased by 55% compared to last year and amounted to 7.44 thousand tons in 2020 - against 4.8 thousand tons in 2019. “The main consuming countries of this type of seed are countries CIS. This year Belarus bought 5.9 ...

Source: Zol