Ukraine in 2021 increased the export of rapeseeds in monetary terms by 67.8% compared to 2020 – to $1.69 billion, but reduced soybeans by 12%, to $610 million, according to the generalized statistics posted on the website of the State Customs Service.
Total exports of products from group No. 12 of the Ukrainian classification of goods for foreign economic activity “Seeds and fruits of oil plants; other seeds, fruits and grains; technical or medicinal plants; straw and fodder” last year increased by 32.2% compared to 2020 – to $2.44 billion.
During this period, Ukraine also exported flax seeds for $17.4 million (an increase of 2.3 times), oilseeds for sowing for $14.8 million (down 16.6%), oilseeds for medicine and perfumery for $20.6 million (up 12.3%).
The largest part of the revenue in this group of goods was generated by the export of rapeseeds (69.3%) and soybeans (25%).
In 2021, Ukraine increased imports of goods from group No. 12 by 16% compared to 2020 – up to $450 million. In particular, imports of sunflower seeds amounted to $244 million (down 40%), rapeseeds – $71.2 million (growth by 2 times), oil seeds for sowing – $58.9 million (up 7.6%), peanuts – $41.1 million (up 5.6%).
Thus, over the past year, Ukraine’s surplus from trade in goods of group No. 12 amounted to $1.99 billion, which is 36.5% more than in 2020.
Trade in these goods in 2021 became the sixth direction for Ukraine in terms of foreign exchange earnings after trading in ferrous metals (total sales of $13.96 billion), grains ($12.35 billion), ore ($7.13 billion), vegetable oils and fats and those of animal origin ($7.05 billion), electrical equipment and machinery ($3.09 billion).
