In 2018/19 MY, Ukraine supplied almost 5.3 mln tonnes of grains on the Southeast Asian market, and Russia — 3.5 mln tonnes — APK-Inform




According to APK-Inform estimations, in 2018/19 MY Ukraine exported almost 5.3 mln tonnes of grains and its by-products to countries of Southeast Asia.

As for the structure of supplies of grains and its by-products from Ukraine and Russia, APK-Inform analysts made a conclusion that the supplies to Southeast Asian countries covered rather small share in the general export structure of the countries. For three recent seasons, the figures for Ukraine totaled nearly 10%, and for Russia — 6%, said APK-Inform analyst, Andrei Kupchenko.

According to him, in absolute terms the Ukrainian exports demonstrated the systematic increasing of the export volumes for three recent seasons, while in 2018/19 MY the exports from Russia to Southeast Asian countries decreased to 3.5 mln tonnes, against 4.1 mln tonnes in the previous season.

Generally, the volume of grain exports from Ukraine and Russia are similar in absolute values. For three recent seasons, Ukraine supplied nearly 45.8 mln tonnes of grains and by-products on foreign markets, while the figures for Russia totaled nearly 46 mln tonnes. Due to somewhat different structure of grain production and exports (wheat dominates in the Russian exports, while corn and wheat are the main supplies from Ukraine), the countries formed somewhat contrasting key sales markets. At the same time, on the markets of the Middle East, North Africa and Southeast Asia Ukraine and Russia formed the significant level of competition rates, mainly in the supply of wheat, said the expert.

You can receive more detailed information about the key trends in the supply of Ukrainian and Russian grains to Southeast Asian countries from the topic "Ukrainian and Russian grains on the market of Southeast Asia: competition rates" in the weekly issue Agrimarket Weekly #32 dd. August 19, 2019.