News

Ukrainian seed exports reached the best indicators in 10 years

Ukraine
Published Dec 10, 2020

Tridge summary

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.

Original content

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 thousand tons of corn for $ 8 million, and Moldova imported 0.4 thousand tons of seeds for $ 0.9 million. Supplies to Kazakhstan amounted to 0.3 thousand tons for $ 0.6 million, and to Azerbaijan - 57 tons at $ 0.3 ...
Source: Zol
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