Ukraine raised grain export by 22% m/m in June – APK-Inform




According to the export statistics provided to APK-Inform, Ukraine supplied abroad 1.4 mln tonnes of grain in June, down by 43% y/y (2.5 mln tonnes), but up by 22% compared to May (1.1mln tonnes). Particularly, Ukraine exported 1.2 mln tonnes of corn (-52% y/y, +12% m/m), 142.7 thsd tonnes of wheat (-78% y/y, up 3.2 times m/m) and 36.2 thsd tonnes of barley (-44% y/y, up 3.2 times m/m).

In 2021/22 MY that ended on June 30, Ukraine exported 18.7 mln tonnes of wheat (+13% y/y), 5.8 mln tonnes of barley (+37% y/y), and 515.5 thsd tonnes of rye, oats and peas (+35% y/y).

Taking into account blockage of seaports in Ukraine due to Russian invasion, stronger export of early grains from the EU countries that are currently serve as gates for Ukrainian agricultural products to the world market as well as production forecasts and logistics capacity, APK-Inform sees wheat export from Ukraine at 12 mln tonnes in 2022/23 MY (+36% y/y), barley – 1.5 mln tonnes (-74%), corn – 23 mln tonnes.