1.9 million tons of rapeseed exported from Ukraine in Jan–Nov

11 December 2017, 14:43, Oilseeds

Ukraine in January-November 2017 exported 1.99 million tons of rapeseed for the amount of USD 819.14 million.

The State Fiscal Service of Ukraine informs that the main importers of Ukrainian rapeseed in the reporting period are the Netherlands (USD 210.39 million), Belgium (USD 176.94 million) and Germany (USD 168.35 million). Exports to these countries amounted to 511.39 thousand tons, 430.15 thousand tons and 409.24 thousand tons of rape, respectively.

According to the results of 2016, Ukraine reduced rapeseed export by 30.7% to 993.97 thousand tons (2015: 1,434.96 thousand tons).

Reference: the Ukrainian Parliament (the Verkhovna Rada of Ukraine) voted to abolish value added tax (VAT) refund for the export of soybeans, rapeseed and sunflower from March 1, 2018.