In March this year, Ukraine has exported 7,2 million tons of agricultural products, which is 10,2% less than in the previous month.

As for the structure of product exports in March 2023, it looked like this:

grain crops – 5,2 million tons (corn – 53%, wheat – 40%, barley – 7%), a reduce compared to the previous month – 11%;

oil crops – 445,3 thousand tons (soy –  51%, rape – 35% and sunflower seeds – 12%), fall –  26%;

vegetable oils - 651,1 thousand tons (sunflower oil - 93%, soybean oil - 5% and rapeseed oil - 1%), growth - 1%;

cakes after extraction of vegetable oils –  480,5 thousand tons (sunflower – 86%, soybean – 14%), drop – 13%;

other types of agricultural products – 405 000 tons, growth – 6%.

The reduce in export volumes in March 2024 was caused by a number of factors:

active shelling of the south of Ukraine by russian troops, which leads to irregularity in the work of sea ports and negatively affects the  shipments;

continued blocking of exports by Polish protesters;

large volumes of export in previous months, which reduce transitory balances;

very low prices at the world market for all types of grain and oil crops, which forces farmers to expect a more favorable price.

More details: http://surl.li/sezxx