Business news from Ukraine

UKRAINE AMONG THREE BIGGEST EXPORTERS OF WHEAT FLOUR TO GEORGIA

Wheat flour imports increased 8.1% to 6,800 tonnes, including 4,600 tonnes from Russia (67.6% of the total), 815.6 tonnes from Belarus, 775.6 tonnes from Ukraine, 400 tonnes from Azerbaijan and smaller amounts from Lithuania, Italy, France and Austria. The wheat imports totaled $53.3 million in value terms, up 11.7%, and the flour imports totaled $1.8 million, down 10%.
Georgia imported 271,900 tonnes of wheat in January-June 2018, 10.6% more than in the same period last year, the National Statistics Service told Interfax. The bulk of the wheat imports – 245,100 tonnes – came from Russia. The remaining 26,800 tones came from Kazakhstan (22,600 tonnes) and Turkey (3,100), with smaller amounts imported from Ukraine, Azerbaijan and Germany.

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WORLD’S LARGEST EXPORTER OF SUNFLOWER OIL KERNEL RAISES OIL SALES BUT CUTS GRAIN SALES IN 2018

Kernel, one of the largest Ukrainian agricultural groups, in the fiscal year of 2018 (FY, July-June), reduced grain sales by 8.2% compared to the previous FY, to 4.646 million tonnes. According to the company’s website, sales of bulk sunflower oil in the 2018 FY increased by 20.1%, to 1.301 million tonnes, bottled sunflower oil decreased by 9.7%, to 118.6 million liters.
During this period, the holding processed 3.136 million tonnes of sunflower seeds, which is 6% more than in the 2017 FY.
In April-June of the 2018 FY sales of bulk oil increased by 37.3%, to 386,640 tonnes, bottled sunflower oil decreased by 16.3%, to 32.8 million liters compared to the same period last year.
Grain sales in the fourth quarter of the 2018 FY rose by 64.3% over the same period last FY, to 1.573 million tonnes.
Grain transshipment at the group’s export terminals in the 2018 FY decreased by 0.6%, to 6.06 million tonnes, in the fourth quarter it increased by 12.6%, to 1.61 million tonnes.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets.

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