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India is Ukraines biggest food market
Journal Staff Report

KYIV, Nov. 28 - India was the biggest market for Ukrainian agriculture products in the first 10 month of 2017, importing 11.3 percent of exports in cash terms, Reuters reported Tuesday citing Ukraines Agriculture Ministry.

Ukrainian agriculture exports were worth $14.7 billion in the 10 months to October, about 23 percent more than in the same period last year, the ministry said in a statement.

Egypt was the second-largest importer, with a 7.5 percent share, and the Netherlands was the third, with 6.9 percent.

The ministry said sunflower oil dominated Ukrainian agriculture exports in January-October, worth $3.6 billion.
Ukraine also exported 15.6 million metric tons of maize for $2.4 billion and 14.2 million mt of wheat for $2.2 billion.
Ukraine is among the worlds biggest exporters of sunflower oil, maize and wheat.

Agriculture consultancy UkrAgroConsult said Ukrainian sunflower oil available for export was expected to fall 4 percent to 5.58 million mt in the 2017/18 season due to a smaller sunflower harvest.

Ukraine has almost completed the 2017 sunseed harvest, threshing 11.9 million mt compared with 13.3 million mt in 2016.

Sunflower oil exports in the first two months of this season set a record of 850,000 mt, up from 710,000 mt a year earlier.

UkrAgroConsult said 334,000 mt of sunflower oil was exported to India in September-October against 206,000 mt in the same two months of 2016. Ukraines share of the Indian market rose by 10 percentage points to 39.4 percent.

India is a key market for Ukrainian sunflower oil, taking about a third of exports. The EU takes about 29 percent, while 10 percent goes to China.

Meanwhile, Ukrainian dairy and poultry companies are seeking to supply Malaysia with their products, the countrys state service for food safety said on Monday.

A number of Ukrainian dairy, poultry and egg companies have already sent applications to Malaysias authorities, the service said.

Ukraine, among the global leading grain and sunoil producers and exporters, has already exported wheat, flour, peas and sunflower oil to Malaysia. (rt/ez)

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Currencies (in hryvnias)
  19.10.2018 prev
USD 28.04 27.92
RUR 0.427 0.427
EUR 32.26 32.19

Stock Market
  18.10.2018 prev
PFTS 560.4 558.6
source: PFTS


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