Business news from Ukraine

Business news from Ukraine

Ukraine exported almost 3 million tons of grain crops

19 August , 2022  

Since the beginning of the 2022/2023 marketing year (MR, July-June), Ukraine has exported 2.98 million tons of grain crops, including 1.94 million tons of corn (65% of the total supply), 783 thousand tons of wheat ( 26%) and 257 thousand tons of barley (8.8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, the pace of grain exports since the beginning of the current financial year was 2.06 times lower than the indicators of the same period last year (from July 1 to August 19, 2021, 6.12 million tons were exported) .
At the same time, according to the agency, for the period of August 11-19, 770 thousand tons of grain crops were delivered to foreign markets (96.2 thousand tons per day), while in the previous period of August 5-11 – 340 thousand tons of grain crops ( 48.6 thousand tons per day), for July 27-August 5 – 640 thousand tons of grain crops (71.1 thousand tons per day), and for July 15-27 – 627 thousand tons of grain crops (52.25 thousand tons per day). Thus, the average daily rate of export for the reporting period doubled compared to the previous period and reached the maximum value since the beginning of the MR.
For comparison, in eight days (August 11-19), the country supplied the volume of grain crops to foreign markets, similar to the volume of 28 days in April (April 1-28, 2022), when their export amounted to 763,000 tons. This is due to the effect of the Istanbul grain agreements, which opened the export of agricultural crops from three Ukrainian seaports – only on August 1-15, they sent 21 dry cargo ships with 563 thousand tons of agricultural products to foreign markets.
In general, from the beginning of the 2022/2023 FY and until August 19, 2022, Ukraine exported 783 thousand tons of wheat (3.7 times less compared to the same date of the 2021/2022 FY), 257 thousand tons of barley (eight times less) and 7.4 thousand tons of flour (2.55 times less). However, the rate of corn export exceeded last year’s volumes – 1.94 million tons of corn were exported, which is 67.8% more than the indicators of the 2021/2022 financial year.
As reported, in 2021/2022, Ukraine exported 48.51 million tons of grain and leguminous crops, which is 8.4% higher than the indicators of the previous MR, despite the full-scale invasion of the Russian Federation and difficulties in exporting agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat (12.6% more than the indicators of 2020/2021 MR), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%) were delivered to foreign markets ), 70.9 thousand tons of flour (-44.1%).
In 2020/2021, the country exported 44.72 million tons of cereals and legumes: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of flour tons of rye.
In 2019/2020, the Republic of Ukraine exported 56.72 million tons of grain and leguminous crops.

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