Turkish corn import quota supports exports through Ukrainian ports
20.04.2026 - 14:04
The geography of Ukrainian exports is increasingly concentrated in the Mediterranean region, which directly affects port loading.
Against the backdrop of weak demand in the EU and fierce competition in global markets, it is the Turkish direction that is becoming the key driver of shipments of Ukrainian corn through the ports of the Black Sea. Spike Brokers writes about this.
Demand for Ukrainian corn in the EU remains limited – importers are increasingly choosing cheaper products from the USA. At the same time, the offer from South America dominates the markets of the Middle East and Africa.
In such conditions, Turkey’s decision to reduce the import duty to 5% within the quota of 3 million tons opens up additional opportunities for Ukrainian exports.
During the first half of April, Ukraine has already exported 1.36 million tons of corn. A significant part of these volumes passes through sea ports. Turkey has become the key direction – about 408 thousand tons, which actually forms the main cargo flow.
Other important markets include Italy (about 226 thousand tons), Spain (about 117 thousand tons), and the Benelux and North African countries.
At the same time, prices on the CPT Odesa basis increased by $2 to $216/ton, while FOB is maintained at around $226/ton, which is about $17/ton lower than a year ago.
Recently, USM reported that UZ is reducing the queue of grain wagons to ports.
