Business news from Ukraine

“Agrotrade” exported grain to 13 countries in 2023

2 April , 2024  

In 2023, Agrotrade agricultural holding exported grain to 13 countries, with Egypt and Tunisia being the largest buyers, the company’s press service reported on Facebook.

According to the report, Egypt, Tunisia, Turkey, and Spain were the largest buyers of grain from Agrotrade. Grain was also supplied to Italy, Vietnam, Greece, Hungary, Romania, Latvia, Cyprus, Bulgaria, and Austria.

“Last year, we worked mainly with our usual destination countries, except for Tunisia, to which we exported large batches of corn for the first time – almost 56 thsd tonnes. Thus, this country immediately took the second place in the structure of our foreign trade. In general, Egypt purchased the largest volumes of grain from the company – over 35 thsd tonnes of corn and over 25 thsd tonnes of soybeans. Traditionally, we supplied large volumes of agricultural products to Turkey and Spain. Our southern neighbors bought soybeans and corn, while the Spaniards bought wheat. The smallest volumes of goods went to Austria – 320 tons of soybeans,” said Andriy But, Director of the agroholding’s Foreign Economic Activity Department.

As reported, in 2023, Agrotrade supplied about 350 thsd tonnes of grain to the global market. The share of own agricultural products amounted to 35% or 116 thsd tonnes, and third-party producers – 65% or 230 thsd tonnes.

The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.

The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.

Vsevolod Kozhemiako is the founder and CEO of Agrotrade.

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