14 March 2018, 12:00, Oilseeds

Export of soybean oil in Jan-Feb increased 1.8 times

Ukraine in January-February 2018 exported 40.46 thousand tons of soybean oil, which is 1.78 times more than over the same period last year.

The State Fiscal Service of Ukraine (SFS) reports that in monetary terms exports of soybean oil amounted to USD 30.32 million compared to USD 17.43 million in January-February 2017.

The major importers of Ukrainian soybean oil in January-February 2018 are India (USD 7.96 million), Poland (USD 7.54 million) and the UAE (USD 5.32 million). Exports to these countries amounted to 10.62 thousand tons, 10.06 tons and 7.1 thousand tons, respectively.

Reference: Ukraine in 2017 exported 166.53 thousand tons of soybean oil for the amount of USD 125.45 million.