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Ukraine exports over 6.9 mln tonnes of agricultural products in Feb 2023 – UAC

KYIV. March 6 (Interfax-Ukraine) – Ukraine in February 2023 exported 6.9 million tonnes of agricultural products, which is 14% more than in the previous month, according to the Facebook page of the Ukrainian Agribusiness Club association (UAC).

“Such growth became noticeable against the backdrop of a fall in the indicator last month, and this is the average figure for the past six months. 49% of exports in February 2023 were realized through the work of the “grain corridor”, and the rest – by alternative export routes. However, it is necessary to take into account that not all products managed to physically cross the border,” the association said.

The UAC notes that in February 2023, some 5.2 million tonnes of grain crops were exported, which exceeds January by 23%. In terms of crops, 3.33 million tonnes of corn (64% of the total), 1.61 million tonnes of wheat (31%) and 21,000 tonnes of barley (4%) were supplied to foreign markets.

Ukraine also exported 557,000 tonnes of oilseeds during this period, which is 30% less than in January. 328,600 tonnes of soybeans (59%), 167,100 tonnes of sunflower seeds (30%) and 61,300 tonnes of rapeseed (11%) were delivered abroad.

The union also clarified that the export of vegetable oils in February increased by 4% compared to the previous month – to 435,700 tonnes, of which 93% of supplies fell on sunflower oil (405,200 tonnes) and 7% – on soybean (26,100 tonnes). In turn, the export of sunflower and soybean cake and meal decreased by 4% – to 414,100 tonnes, including 85% was sunflower processing waste (351,900 tonnes), and 15% – soybeans (62,100 tonnes).

“In February 2023, there was the largest monthly export of grain crops since the beginning of the war – 5.2 million tonnes. This growth was partly due to a decrease in the export of oilseeds. With a decrease in the export of oilseeds due to the end of rapeseed export stocks and the reorientation of sunflower seeds to domestic market, it became possible to export grain crops more,” the UAC stressed.