Export earnings from sunflower oil shipment surged 23% in Jan-Aug

In the period of Jan-Aug 2020, sunflower oil export from Ukraine amounted to 4.68 mln t, 19% more YoY, the State Customs Service of Ukraine reports.

In monetary terms, export earnings from sunoil shipment increased by 23% YoY to USD 3.43 bln (Jan-Aug 2019: USD 2.8 bln).

Key importing countries in the reporting period:

  • India: 1.17 mln t, USD 857.5 mln, 24.92% of the total supply
  • China: 669.1 thou. t, USD 490.1mln, 14.29%
  • Netherlands: 444.8 thou. t, USD 325.9 mln, 9.5%
  • other countries: 2.4 mln t, USD 1.76 bln, 51.29%

Earlier it was reported that among all agricultural commodities, it was a sunflower that had the week's biggest price increase with the rise of +30 USD/t.

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