Business news from Ukraine

Business news from Ukraine

Ukraine increased agricultural exports by 9.3% in January–February, reaching $4 bln

18 March , 2026  

In January-February 2026, Ukraine exported 9.95 million tons of agricultural products worth $4 billion, which is 9.3% higher than the figure for the same period last year in monetary terms, according to Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture.

“Despite the conditions of war, the agricultural sector is maintaining stable export volumes and increasing revenue. We see a positive trend—the share of processed products is growing, in particular, rapeseed oil exports have increased significantly. Diversifying export markets remains an important task,” the press service of the Ministry of Economy, Environment, and Agriculture quoted Vysotsky as saying.

The Ministry of Economy clarified that the EU remains Ukraine’s key partner (50% of revenue), while the share of the Middle East and North Africa accounted for 20%. Turkey’s role in the export structure grew to 13%, and shipments to that country more than doubled in monetary terms—reaching $507 million. The main export items remain corn, sunflower oil, wheat, soybeans, and meat.

Rapeseed oil exports showed the most rapid growth, reaching $102 million compared to $3 million last year (8th place in the agricultural goods ranking). Corn exports rose by 20%—to 5.6 million tons, mainly due to shipments to Turkey. At the same time, wheat exports fell by 43% to 1.2 million tons, due to a record harvest in the EU (134.4 million tons in 2025) and a drop in demand for Ukrainian grain in that region.