Italy becomes the largest buyer of Ukrainian corn in October
Italy became the largest buyer of Ukrainian corn in October. During the month, Ukraine exported 110.6 thsd tons of corn to Italy, accounting for 42.2% of total shipments, according to analysts at Spike Brokers.
Germany ranked second, importing 41.6 thsd tons of Ukrainian corn. Shipments to the Netherlands totaled 29.6 thsd tons, followed by Austria with 21.7 thsd tons and Turkey with 19 thsd tons.
Overall, Ukraine registered 262.2 thsd tons of corn exports worth $55.3 mln in October. During the corresponding period in September, exports totaled 300 thsd tons valued at $67.8 mln. Thus, corn export volumes declined by nearly 13%.
According to Spike Brokers, Italy’s share of Ukraine’s total corn exports increased to 42.2%, compared with 40.6% in the previous report.
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