Ukraine’s grain and oilseed exports fell by nearly 11 M t in 2024/25 — UGA

Ukraine exported 46.7 million tons of grains and oilseeds in the 2024/25 marketing year, significantly down from 57.5 million tons the season before, according to the Ukrainian Grain Association (UGA).

The decline is attributed to smaller carryover stocks from the previous season and a slightly lower harvest. UGA estimates total grain and oilseed production in 2024/25 at 78.8 million tons, compared to 82.9 million tons in 2023. Carryover stocks at the beginning of the season stood at around 7 million tons, down from 14.4 million tons the year before.

According to customs data, exports of grains and oilseeds in value terms totalled $11.2 billion in 2024/25, compared to $10.76 billion in 2023/24. When including processed products such as sunflower oil, other vegetable oils, meal, and cake, the figure rises to $18.1 billion, slightly up from $17.86 billion last season.

Wheat exports amounted to 15.5 million tons, generating $3.16 billion in revenue, from a total output of around 22.4 million tons.

Barley exports totalled nearly 2.25 million tons worth $394 million, from a production volume of 5.6 million tons.

Corn exports reached 21.5 million tons valued at nearly $4.5 billion, compared to 25.9 million tons in production.

Soybean exports stood at 3.8 million tons worth $1.56 billion, from a harvest of 6.5 million tons.

Rapeseed exports totalled 3.2 million tons, also worth $1.56 billion, from 3.8 million tons harvested.

Sunflower seed exports were minimal — just 70,000 tons — despite a harvest of 12.8 million tons. This indicates that nearly all sunflower was processed domestically, with total crushing reaching around 12.8 million tons, including carryover stocks.