Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Nov 2019
The U.S. Department of Agriculture (USDA) in February revised upwards the forecast for export of corn from Ukraine in the 2019/2020 agricultural year (July-June) by 0.5 million tonnes compared with the January forecast, to 31 million tonnes, and the corn harvest – by 0.3 million tonnes, to 35.8 million tonnes.
According to the February report posted on the USDA website, the forecast for production and export of Ukrainian wheat remained at the January level – 29 million tonnes and 20.5 million tonnes respectively.
USDA in February did not change the forecast for production and export of Ukrainian barley leaving it at 9.5 million tonnes and 5 million tonnes respectively.
In general, grain forecast for the 2019/2020a agri-year was revised upwards by 0.39 million tonnes, to 75.43 million tonnes and exports – by 0.53 million tonnes, to 56.6 million tonnes.
Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of January 27, 2020 had exported 35.03 million tonnes of grain and legumes, which is 28.8% more than on the same date last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 15.61 million tonnes of wheat, 15.11 million tonnes of corn, and 3.85 million tonnes of barley.
As of January 27 this year, 216,300 tonnes of flour has been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in January raised its forecast for grain exports for the 2019/2020 MY by 1.2 million tonnes compared with the October forecast, to 56.14 million tonnes due to indicators for corn and wheat.
Ukraine in 2019 exported 236,800 tonnes of sugar, which is almost 2.5 times less than in the same period last year, the Ukrtsukor National Association of Sugar Producers has reported. “This year was not very favorable for Ukrainian sugar producers, and compared with the past year, we can see that exports have completely dipped: if earlier exports over the month reached 40,000-60,000 tonnes, then during the last six months, on average, we exported about 5,000 tonnes of sugar per month,” Ruslana Yanenko, the deputy chairman of the board of Ukrtsukor, said.
First of all, the expert associates this with the world surplus, which “pressed” the market and prices. In addition, according to Yanenko, Ukraine was gradually losing the markets of Africa and Asia, which once occupied the leading positions in the import of Ukrainian sugar, through growing competition from Russia and the EU.
“Next year, significant changes in the export perspective will not happen, as unfavorable world prices will continue to affect the decrease in raw materials and the reduction in sugar production, and competition in the markets that were most profitable for Ukrainian producers will intensify,” she said.
In addition, the association noted that in December 2019 some 6,900 tonnes of sugar were exported. Thus, in total for the four months of the current 2019/2020 marketing year (MY, September-August), 21,800 tonnes of sugar were delivered to foreign markets. This is almost 10 times less than in the same period of the last MY.
Ukraine since the beginning of the agricultural year 2019/2020 (July-June) has exported 31.7 million tonnes of grain and leguminous crops, which is 27.8% more than during the same time in the past agri-year.
According to the information of the State Service of Ukraine for Food Safety and Consumers’ Protection, the country has currently exported almost 15 million tonnes of wheat (including over 11.7 million tonnes of bread wheat and over 3.2 million tonnes of coarse wheat), 12.8 million tonnes of corn, and 3.6 million tonnes of barley.
Over the same period of the previous agri-year, over 24.8 million tonnes of grains were exported, including 10.8 million tonnes of wheat (6.7 million tonnes of bread wheat and 4.1 million tonnes of coarse wheat), 10.4 million tonnes of corn and over 3 million tonnes of barley.
As reported, Ukraine in the 2018/2019 agri-year exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous agri-year.
Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Oct 2019