Soybean export revenue reached USD 830 mln in Sep-Apr

As of 1 May 2020, soybean export from Ukraine in the 2019/20 season(September-August) totalled 2.54 mln t worth USD 828.7 mln, the Ukroilprom Association reports.

In the reporting period, sizable soybean import was made by:

  • Turkey: 0.827 mln t (32.6%)
  • EU: 0.583 mln t (23.0%)
  • Egypt: 0.436 mln t (17.2%)
  • Belarus: 0.33 mln t (13.0%)
  • Lebanon: 0.121 mln t (4.7%)
  • other countries: 0.239 mln t (9.5%)

Soybean production in Ukraine and worldwide (click for full resolution)

In the 2020 season, soybean areas in Ukraine will be reduced by 20% or by 376.7 thou. ha to 1.45 mln ha (2019: 1.82 mln ha).

As a reminder, President of Ukraine Volodymyr Zelenskyy supported the abolition of soybean-rapeseed amendments and signed the bill No. 1210.

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