Business news from Ukraine

Business news from Ukraine

Ukraine exported 8.96 mln tonnes of wheat in five months of 2024/25 season

6 December , 2024  

Ukraine exported 8.96 mln tonnes of wheat in July-November of 2024/25 marketing year (MY July-2024 – June 2025), which is significantly higher than last year’s pace, when 5.8 mln tonnes were exported in the same five months of the season, but it is lower than the pre-war dynamics, UkrAgroConsult news agency reported.

“Nevertheless, in the first five months of the season-2024/25, 55% of the maximum wheat exports approved in August under the memorandum between the Ministry of Agrarian Policy and Food and specialized organizations of the Ukrainian grain market have already been realized,” the analysts said.

According to them, the top five importers of Ukrainian wheat are three countries of Southeast Asia: Indonesia, Vietnam and Thailand.

It is noted that the share of remote markets has increased significantly due to the stable operation of the sea corridor, but Spain remains the main destination. Among the interesting destinations is Algeria, which has already imported more than half a million tons of Ukrainian wheat this season. At the same time, the poor harvest in France prompted local importers to switch to Black Sea grain, UkrAgroConsult explains the trends.

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