Jan-Feb sunflower oil supply cut back by 20%
Ukraine exported 965.87 thou. t of sunflower oil in January-February 2021, 20% less YoY (Jan-Feb 2020: 1.21 mln t), the data of the State Customs Service of Ukraine.
The dollar value worth of sunoil exported is USD 1.04 bln, 17.8% above the previous year's comparative period (Jan-Feb 2020: USD 882.8 mln).
The largest importing countries:
- India: USD 303.89 mln, 29.1% of the total supply
- China: USD 199.89 mln, 19.1%
- Netherlands: USD 80.62 mln, 7.7%
- Spain: USD 73.33 mln, 6.6%
- Iraq: USD 68.99 mln, 5%
In its March report, USDA projects sunflower oil production in Ukraine at 5.92 mln t (1.47 mln t or 20% lower YoY).