Business news from Ukraine

Business news from Ukraine

Ukraine Could Increase Its Share of Global Sunflower Oil Exports to 31.3%

18 September , 2026  

According to Experts.news, Ukraine could account for about 31.3% of global sunflower oil exports in the 2026/27 marketing year, according to calculations by Open4Business based on the September forecast from the U.S. Department of Agriculture (USDA).

According to the USDA Foreign Agricultural Service report Oilseeds: World Markets and Trade, published on September 11, 2026, Ukrainian sunflower oil exports are projected to reach 5 million metric tons, while global exports are expected to total 15.968 million metric tons.

Thus, nearly one in every three metric tons of sunflower oil supplied to the global market may be of Ukrainian origin.

In the previous 2025/26 marketing year, Ukraine exported approximately 4.036 million metric tons of sunflower oil out of total global exports of about 13.51 million metric tons. At that time, Ukraine’s share was about 29.9%. In the new season, this figure may increase by approximately 1.4 percentage points.

The USDA expects Ukraine to remain the world’s second-largest exporter of sunflower oil after Russia. Russian shipments are projected at 5.1 million metric tons, accounting for approximately 31.9% of global exports.

Together, Ukraine and Russia could supply about 10.1 million metric tons to foreign markets, or more than 63% of total global sunflower oil exports.

Argentina will remain the third-largest exporter, with projected shipments of about 2.05 million metric tons, accounting for approximately 12.8% of global trade. Turkey is expected to export about 1.1 million metric tons, and the European Union—about 850,000 metric tons.

The growth in Ukrainian exports will be driven by a recovery in the sunflower harvest and increased capacity utilization at processing plants. The USDA forecasts sunflower seed production in Ukraine for the 2026/27 marketing year at 13 million metric tons, compared to 10.7 million metric tons in the previous season.

Sunflower oil production, according to the agency’s estimates, will increase to 5.418 million metric tons from 4.515 million metric tons in the 2025/26 marketing year, or by approximately 20%.

At the same time, domestic consumption of sunflower oil in Ukraine is expected to reach about 470,000 metric tons, so the bulk of the additional production will be directed toward exports.

Overall, the USDA forecasts global sunflower oil exports to grow by approximately 18%—from 13.51 million metric tons in the previous season to 15.968 million metric tons in the 2026/27 marketing year.

The increase in supply will largely be driven by a recovery in production in the Black Sea region, primarily in Ukraine and Russia. At the same time, imports are expected to rise from the largest consumers of vegetable oils, notably India and China.

Ukraine traditionally remains one of the world’s largest producers and exporters of sunflower oil. A distinctive feature of the Ukrainian industry is the high proportion of domestic seed processing, which means that exports consist primarily of higher-value-added products—oil and meal—rather than raw materials.

Source: USDA Foreign Agricultural Service, Oilseeds: World Markets and Trade, September 11, 2026: official USDA report.

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