Ukraine increased soybean oil export by a quarter in half a season

Ukrainian soybean export in February this year amounted to 323 000 tons, which is almost no different from the indicator of the previous month (305 000 tons) or from February 2023 (327 000 tons).

Almost half of Ukrainian export in the reporting month were sent to Egypt, other importing countries with a relatively significant share are Türkiye and the Netherlands.

In total, since the beginning of the 2023/24 season (September 2023), Ukrainian companies have exported more than 2,2 million tons of soybeans, which is 16% more than last year's indicator  (1,99 million tons).

Regarding soybean processing products, the export of soybean oil amounted to 29 000 tons in February (31 000 tons in January). 55% of the total volume was sent to Poland.

In total, during the first half of the 2023/24 season, Ukraine exported 168 000 tons of soybean oil, which is 24,4% more than in the previous season (135 000 tons).

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

 

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