Ukraine. Fat-and-oil product exports gained 19% in 2020

UkrAgroConsult

USD 7.16 Bl worth of oilseed products were exported in 2020 (+19% from 2019), according to UkrOliyaProm.

Fat-and-oil products account for 14.5% of Ukraine’s total goods exports and for 32.3% of its food and agricultural exports, UkrAgroConsult reports.

Fat-and-oil imports increased by USD 0.279 Bl (accounting for 0.5% of Ukraine’s total goods imports and for 4.3% of its food and agricultural imports).

The increase was achieved at the expense of sunflower products such as sunflower oil (+12.3% in physical terms, +24.4% in value terms) and sunflower meal (+11.4% and +16.4%, respectively).

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Tags: Ukraine, sunflower oil, Fat-and-oil, Oil industry