Business news from Ukraine

Business news from Ukraine

Corn exports from Ukraine rose by 26% over first ten months – to 17.5 mln metric tons

14 November , 2026  

In January–October of this year, Ukraine exported nearly 17.5 million metric tons of corn, which is 26% more than in the same period last year; in monetary terms, corn exports rose by 24% to $3.77 billion.

According to statistics released by the State Customs Service, Turkey was the main buyer of Ukrainian corn during this period, as it was last year, and its share of total exports rose to 31.58% ($1.19 billion) compared to 31.2% ($949 million).
Italy spent $635.7 million on Ukrainian corn—58.5% more than last year—and its share of total corn exports increased by 3.67 percentage points to 16.85%.

Exports to Spain rose by 22.2% to nearly $345 million, with a slight increase in its share of total exports to 9.28%.
Corn exports to all other countries totaled $1.6 billion—13.6% more than in the first 10 months of last year.

According to the State Customs Service, corn’s share of total exports from Ukraine in January–October 2026 was 11.59%, compared to 9.13% last year.
At the same time, in October 2026, Ukraine reduced its corn exports by a factor of 3.3 compared to the same period in 2025—to $59.5 million; specifically, shipments to Turkey fell by a factor of 9.5 to $3.7 million, to Italy by more than half to $25.7 million, and to Spain by a factor of 10.3 to $0.95 million.

In contrast, from January through October, Ukraine imported 13,570 metric tons of corn worth $71.7 million, primarily from France (41%), Hungary (18.8%), and Austria (14.2%), whereas last year the figure was 13,000 metric tons worth $66 million from the same countries.
According to statistics from the State Customs Service, in 2025 Ukraine exported 17.96 million metric tons of corn—39.4% less than in 2024—reducing revenue by 23% to $3.9 billion.

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