Turkey bypasses Spain in purchasing Ukrainian corn
Turkey has become the main buyer of Ukrainian corn.
This was reported by Dmytro Solomchuk, MP and member of the Committee on Agrarian and Land Policy, on Facebook.
He noted that as of November 2024, Turkey was the country that overtook Spain, the permanent leader, in purchasing Ukrainian grain.
“In terms of physical weight, the figures are significant – 2.5 million tons of exports in November, of which 620 thousand tons were bought by Turkey,” the MP said.
He noted that in November, a total of $2.3 billion worth of agricultural products were exported, of which only $512 million was corn.
According to UkrAgroConsult, this result was made possible by the introduction on October 10 of a quota for the import of 1 million tons of corn to Turkey with a 5% customs duty until the end of December 2024.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
Read also
Black Sea & Danube: Crop and Export Forecast
Stronger currencies and war-linked costs push rice prices higher in key export hubs
US becomes Bangladesh’s leading soybean supplier
Export “window” of Ukrainian barley to Turkey may close
Fuel and fertilizer disruptions to reduce Australia’s canola production
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon