The beginning of 2017/18 MY was marked by a decrease in exports of cereals
For the first six months of this marketing year, 21.32 million tons of grain crops were supplied to international markets from Ukraine, which is almost 10% lower than the figures of the past MY. During the first six month of the previous marketing year, exports figures were 23.67 million tons.
Such information was provided by the State Fiscal Service.
The export structure of cereals is as follows. During the first six months of the current MY, 11.44 million tons of wheat were exported, which is 3% lower than the figure of the previous MY. The barley exports for the same period were 3.84 million tons, which is 12.3% lower than in the previous marketing year. The export of corn was slightly more than 6 million tons, which is 18.9% lower than the figure of the previous marketing year.
It should also be noted that the flour exports during the first six months of the current marketing year amounted to almost 248 thousand tons, which is 20.8% more than the same indicator of the previous marketing year.
The beginning of 2017/18 MY for Ukraine was marked by a decrease in grain exports. On the COM3S page you will find information about the reasons for this decline, its impact on the agricultural sector and development prospects.
Ukraine is one of the world’s leading exporters of grain crops, however, at the beginning of 2017/18 MY, a decrease in export volumes was noted. This event is of great importance for the agricultural sector of the country and requires attention and analysis.
The reasons for the decline in grain exports in Ukraine can be varied, including weather conditions, yields, changes in the global market and economic factors. It is important to study these factors and take measures to support and develop the agricultural sector in the future.
COM3S provides information on the dynamics of grain exports, the consequences of a decline in exports and the prospects for the development of the agricultural sector in Ukraine. We help businesses and agricultural professionals stay up to date with the latest data and trends related to the export of grain crops from Ukraine.
The decline in grain exports at the beginning of 2017/18 MY necessitates the analysis and development of effective strategies to support the agricultural sector and increase its competitiveness.