Ukraine. Sunflower oil exports at a three-year low

UkrAgroConsult

Sunflower oil exports in September-April 2020/21 totaled almost 4MMT. This is 13.5% compared to a year ago, UkrAgroConsult reports.

The country’s export potential in MY 2020/21 was cut to 5.38 MMT (-19% from MY 2019/20, within a limit set under the Memorandum between the Ministry of Economic Development, Trade and Agriculture of Ukraine and UkrOliyaProm Association).

Shipments to major export markets changed as follows: China (+40%), India (-7%), EU countries (-33%).

Growth in exports was registered to the following markets: Republic of Korea (+144%), Libya (+56%), Saudi Arabia (+26%).

A slowdown in exports was observed to Spain (-43%), Iraq (-40%), Italy (-40%).

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UkrAgroConsult

Tags: Ukraine, sunflower oil, exports