Ukraine’s agricultural export record
(Posted on 10/02/21)
The share of agro-industrial products in the general structure of exports from Ukraine in 2020 reached 45%, declared the Deputy Director at the National scientific centre “Institute of Agrarian Economics”, Academician of the National Academy of Agrarian Sciences (NAAS), Nikolai Pugachev, on 9 February.
“According to the Institute figures, Ukraine exported agricultural products at the sum of 22.391 bln USD in 2020. It exceeded the record of 2019 (22.35 bln USD). Thus, Ukraine has renewed the historical record of agricultural export for the third year in row”, said Pugachev.
He added that Ukraine set several other records in 2020. “Record volumes of export were observed for sunflower oil (6.9 mln tonnes) and poultry meat (431 thsd tonnes). Moreover, Ukraine supplied abroad record volumes of honey (81 thsd tonnes), frozen fruits and berries (55 thsd tonnes), pasta (30 thsd tonnes) and canned tomatoes (66 thsd tonnes).”
The growth of agricultural export was based on higher supplies to Asia that reached record 10.9 bln USD in 2020, up 16% from 2019. At the same time, Ukraine cut export to the EU by 11% to 6.7 bln USD, Africa – by 12% to 2.9 bln USD and CIS by 13.3% to 1.3 bln USD.
“Grain and oilseed crops, oils, residues and waste from the food industries as well as meat and by-products remained the core of agricultural export. These products covered 85% of the total value of external supplies in 2020,” said Pugachev.
Latest News
Resilient financial results as Rio Tinto grows and diversifies
(Posted on 30/07/25)Rio Tinto has announced a 6% production year-on-year uplift, thereby delivering on strategy through... Read more
K-SURE and Trafigura $200m financing agreement to support Korean shipping
(Posted on 30/07/25)The Korea Trade Insurance Corporation (K-SURE) and Trafigura, a global leader in the commodities industry... Read more
BHP record copper and iron ore production drives strong 2025 performance
(Posted on 21/07/25)BHP have released their Operational Review for the year ended 30 June 2025.BHP Chief Executive Officer... Read more
Dynamic Mining shipping arm and GeoServe’s one-year milestone
(Posted on 15/07/25)A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy... Read more
SSAB and Metal Solutions start partnership in fossil-free steel
(Posted on 15/07/25)SSAB and Metal Solutions have entered a long-term partnership for the supply of decarbonized steel with... Read more
NGFA thanks lawmakers for including industry priorities in ‘One Big Beautiful Bill’
(Posted on 08/07/25)The National Grain and Feed Association (NGFA) in the USA has applauded Congress for including a slate... Read more
Fertilizers Europe: Commission announcement on CBAM falls short
(Posted on 08/07/25)Fertilizers Europe’s have released their reaction to the European Commission announcement on the... Read more
Bunge completes sale of its North America corn milling business
(Posted on 02/07/25)Bunge Global SA has confirmed that it has completed the previously announced sale of its North America... Read more
SSAB secures additional EUR 430 million green financing for Luleå
(Posted on 02/07/25)Following the successful debt raising at the end of April 2025, SSAB has secured an additional EUR 430... Read more
Soaring demand opens up investment opportunities across West Africa
(Posted on 25/06/25)Despite China’s dominant position in securing commodities across Africa, there are still many... Read more
