Ukraine’s exports up 4.5% in March, led by corn and sunflower oil

“Despite the headwinds of Russia’s ongoing invasion, our export market continues to expand,” Economy Minister Yulia Svyrydenko told news outlet Business Ukraine. The country shipped goods worth over $3.6 billion during the month.

Major exports included corn, sunflower oil, wheat, iron ore, soybeans, and iron. Poland remained Ukraine’s top buyer at $407 million, followed by Turkey ($294 million), Italy ($232 million), Germany ($196 million), China ($189 million), and Spain ($186 million).

The European Union, which purchased more than $2 billion in Ukrainian exports, remains Kyiv’s largest trading partner.

Ukraine’s wartime economy has displayed resilience, with GDP recovering steadily after plunging nearly 29% in 2022.

In early March, the International Monetary Fund projected up to 3% GDP growth for Ukraine in 2025.

Tags: European Union, Spain, wheat, economy, Ukraine, Germany, China, Market, sunflower oil, goods, corn, iron ore, export, Poland, soybeans