Soybean oil exports increased a quarter

Ukraine in January-November 2018 exported 194.08 thou. tons of soybean oil for the amount of USD 139.47 million, which is 25% more y-o-y.

The State Fiscal Service of Ukraine (SFS) reports that the major importers of Ukrainian soybean oil in the reporting period are Poland (USD 51.62 million), China (USD 39.28 million) and India (USD 10.26 million). Exports to these countries amounted to 71.83 thou. tons, 54.65 thou. tons and 14.28 thou. tons, respectively.

Key exporters of soybean oil in November 2018 significantly reduced shipments to 477 thou. tons against 704 thou. tons a month earlier, which is also lower than November 2017 shipments (498 thou. tons).

The new infographic guide Agribusiness of Ukraine 2017/18 is available by the link.

Vegetable oil production in Ukraine (click for full resolution)

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