Ukraine exported 46.7 million tons of agricultural products last marketing year

Ukraine exported 46.7 million tons of grains and oilseeds in the 2024/2025 marketing year, which is significantly lower than the previous season.

This is stated in a press release of the Ukrainian Grain Association (UGA).

In the 2023\2024 MY, exports amounted to 57.5 million tons and, according to the association, the decrease in exports is associated with both smaller carryover stocks from the previous season and a slightly lower harvest.

Grain and oilseed production in 2024 amounted to 78.8 million tons, and carryover stocks at the beginning of the season amounted to about 7 million tons of grains and oilseeds.

Wheat exports amounted to 15.5 million tons worth $3.16 billion, with production of about 22.4 million tons. Ukraine exported almost 2.25 million tons of barley for $394 million, with production of 5.6 million tons.

Also, last season, the export figure of Ukrainian corn was 21.5 million tons, which was delivered for almost $4.5 billion, with last year’s production of 25.9 million tons.

Soybeans were exported for 3.8 million tons for $1.56 billion, with a harvest of 6.5 million tons, and rapeseed for 3.2 million tons for $1.56 billion (last year’s production was 3.8 million tons).

At the same time, Ukraine reduced the volume of sunflower exports last season, delivering only 70 thousand tons with a harvest of 12.8 million tons at that time.

The UGA noted that the most important factor for the export of Ukrainian grain was the uninterrupted operation of the Ukrainian sea corridor, which allowed for export by sea from the deep-water ports of the Odessa region.

“The second most important factor was the introduction by Ukraine, together with international partners, of a working mechanism for insurance of ships, infrastructure and grain, which reduced the costs of exporters and, accordingly, Ukrainian agricultural producers for export logistics.

“Thanks to these two factors, Ukraine continued to export grain and guarantee food security in many countries of the world,” the UGA noted.

Earlier, USM reported that the UGA warned about the consequences of the introduction of export duties on soybeans and rapeseed.