Over 2017/18 MY, 39.400.000 t of grain were exported from Ukraine
According to information from the State Fiscal Service, the total number of cereals exported during 2017/18 MY amounted to 39.400.000 t worth 6.4 billion dollars.
This information was received from the Ministry of Agrarian Policy.
During this period, the biggest amount of grain was exported to such countries as Egypt, China, Spain, Indonesia and the Netherlands. The biggest amount of Ukrainian wheat was imported by Egypt (11.4% of the total volume of exports to the amount of 724.000.000 USD). The second largest importer was China (9.3% of the total volume of exports worth 594.000.000 USD). And Spain closes the top three leaders-importers of Ukrainian wheat (7.2% of total exports to the amount of 459.000.000 USD).
The main export crops were corn (17.800.000 t), wheat (17.200.000 t) and barley (4.300.000 t).
The largest quantity of grain was exported by sea.
Grain production is a key industry in Ukraine, and grain exports play an important role in strengthening the country’s economic potential. Ukraine’s export of 39.4 million tons of grain in 2017-2018 set a new record and confirms the high level of production and competitiveness of Ukrainian grains on the global market. The main consumers of Ukrainian grain are EU countries, Asia, and Africa. However, in addition to its successes, the industry faces some challenges related to grain quality, storage, and transportation. Experts recommend that Ukrainian grain producers pay more attention to implementing new technologies and methods of storage and transportation to improve product quality and stay competitive in the global market.