In May 2022, Ukraine exported the maximum volumes of sunflower oil since the beginning of the full-scale invasion of the Russian Federation – 186 thousand tons, which is 23% more than the previous month.
In May, there was also a gradual increase in the countries-importers of Ukrainian oil – products were shipped to more than 60 countries of the world, although the EU countries remained its main consumers, the website of the APK-Inform agency reported on Friday.
According to him, Poland became the largest importer of Ukrainian oil, which accounted for 20% (37.2 thousand tons) of supplies of this product from Ukraine.
“Shipping to more distant countries of the world (25% of Ukrainian exports in May) is significantly limited by logistics, an increase in delivery time and, accordingly, its cost. At the same time, Turkey should be singled out among the main importers after the EU countries, where almost 12 thousand tons of sunflower oil,” the agency said in a statement.
The growth in sunflower oil exports indicates the adaptation of market participants to current realities and the gradual establishment of product supply chains through land border crossings and Danube river ports, the agency stated.
In turn, according to the Ministry of Agrarian Policy and Food of Ukraine, the country exported 202.65 thousand tons of sunflower oil in May (+56% compared to April 2022), which is 8% higher than the data from APK-Inform.
