Sunflower oil export shipments in Jan-May dropped 8%

In January-May 2018, Ukraine exported 2.43 mln tons of sunflower oil for the amount of USD 1.84 bln, which is 8% (or 0.21 mln tons) less than over the relevant period in the year 2017.

The State Fiscal Service of Ukraine (SFS) informs that the key importers of Ukrainian sunflower oil in the reported period are the following states:

• India — USD 909.11 mln (1.2 mln tons);
• Irak — USD 116.82 mln (0.16 mln tons);
• the Netherlands — USD 110.59 mln (0.15 mln tons).

Over the corresponding period in 2017, the main importers of sunflower oil were India (USD 688.77 mln), China (USD 170.79 mln) and Spain (USD 168.28 mln).

Reference: Oil World experts stated that in April 2018 the volume of sunflower oil exports from the three key exporting countries increased to 862 thou. tons, as compared with 782 thou. tons a month earlier and 836 thou. tons shipped in April 2017.