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    Home > Food News > Food Articles > Ukraine's exports of agricultural raw materials will increase by US$170 million year-on-year in 2020

    Ukraine's exports of agricultural raw materials will increase by US$170 million year-on-year in 2020

    • Last Update: 2021-01-12
    • Source: Internet
    • Author: User
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    Ukraine's deputy minister of economy, trade and agriculture and trade representative Kachka wrote on Facebook that Ukraine's total exports of agricultural raw materials in 2020 amounted to $18.61 billion, an increase of $170 million over last year.
    grain exports, mainly corn, wheat and barley, amounted to US$9.42 billion, a decrease of 2.29 per cent year-on-year.
    decline in exports due to under-receiving, but price increases can offset the decline in export quantities.
    oil crops rapeseed and soybeans amounted to $1.85 billion, down 28% year-on-year.
    oil and fat exports were mainly based on sunflower oil, with exports amounting to US$5.77 billion, up 21.65 percent year-on-year, and exports of food industry residues (dross) amounting to US$1.58 billion, up 6 percent year-on-year.
    overall, total exports in local currency amounted to 1.33 trillion grievances in 2020, up 2.84 percent year-on-year, and $49.32 billion in U.S. dollars, down 1.7 percent year-on-year.
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